EWEC seeks bids for UAE’s largest carbon-capture-ready power plant
Emirates Water and Electricity Company (EWEC) has issued a request for proposals for the development of the Al Nouf Independent Power Producer (IPP), set to be the UAE’s largest single-site…
China’s Coal Production Drops in July
Coal production in China fell by 3.8% on the year last month, to the lowest level since April 2024 in the first annual decline for this year, Reuters reported today,…
Indian Oil Corp. Buys Another U.S. Crude Cargo
Indian Oil Corp has bought another cargo of U.S. West Texas Intermediate for delivery in October, Reuters reported today, citing unnamed industry sources. The deal is part of a recent…
China’s Coal and Gas Generation Soars Amid Record Heat
Electricity generation from hydrocarbons in China surged to the highest in a year last month driven by record temperatures, Reuters reports, citing official Beijing data. Total generation from coal and…
Centrica strikes gas supply deal with Devon Energy
British energy group Centrica Energy has entered into a natural gas sale and purchase agreement [SPA] with US-based Devon Energy Corporation, the latest in a slew of market moves. Under…
Pulsar Helium secures $12.5m financing for Topaz project
Helium project development firm Pulsar Helium has secured $12.5m financing from Michigan-based University Bank to fund plant construction of its Topaz project in Minnesota. The company also announced that University…
Pulsar Helium receives $12.5m ‘expression of interest’ financing for Topaz project
Helium project development firm Pulsar Helium has received expression of interest financing worth $12.5m from Michigan-based University Bank to fund plant construction of its Topaz project in Minnesota. The company…
Analysts Look at Trump-Putin Alaska Meeting
If Russia loses its streams of revenue from selling its gas and oil to third countries, then it will have a severe impact on the Russian economy. That’s what Olga…
Ocean Yield buys CapeOmega Gas Transportation to strengthen LNG profile
Norwegian ship owner Ocean Yield has acquired CapeOmega Gas Transportation from Partners Group, strengthening its profile in the LNG charter market. CapeOmega co-owns 10 LNG carriers operated by Knutsen LNG,…
Citgo Swings to $100M Profit as Bidding War Intensifies for Parent Company
Citgo Petroleum, the U.S. refining arm owned by Venezuela, reported second-quarter net earnings of $100 million, rebounding from a $25 million loss in the same period a year earlier. The…
