Two more projects look to join UK’s HyNet carbon capture cluster
Two new carbon capture projects have entered negotiations to join the UK’s HyNet cluster, marking a potential expansion of the project’s Track-1 CCS network. The first is Uniper’s Connah’s Quay…
Two more projects look to join UK’s HyNet carbon capture cluster
Two new carbon capture projects have entered negotiations to join the UK’s HyNet cluster, marking a potential expansion of the project’s Track-1 CCS network. The first is Uniper’s Connah’s Quay…
Exxon Signs Oil Deal in Libya
Exxon has inked a preliminary deal for exploration at four offshore blocks in Libya after a decade of absence from the country. The news was reported by Libya’s National Oil…
Naphtha Cushions China’s Q2 Oil Demand Decline
China’s oil demand declined year-on-year in the second quarter of 2025, but strong naphtha consumption helped limit the drop, according to a new report by Energy Intelligence, which estimates that…
Oil Slips on Fresh OPEC+ Barrels
Oil prices fell in choppy trading as traders took stock of OPEC+’s latest bumper supply increase while US President Donald Trump vowed to penalize India for buying Russian crude, mitigating…
Venture Global receives approval to increase capacity at Calcasieu Pass LNG
US liquefied natural gas producer Venture Global has received approval from the US Department of Energy (DOE) to increase capacity at its Calcasieu Pass LNG project in Cameron Parish, Louisiana,…
U.S. Investors Target Strategic Bulgarian Gas Storage Site for Russian Supply
A group of U.S. investors is in talks with the Bulgarian government to acquire a minority stake in the Chiren underground gas storage facility, the country’s only such site and…
Trump Again Threatens Major Tariff Hike On India Over Russian Crude
U.S. President Donald Trump on Monday said he would “substantially raise tariffs” on Indian exports in response to the country’s continued import and resale of Russian crude oil. The remarks,…
Venezuela’s Oil Exports Fell 10% in July
Venezuela’s crude and fuel exports fell in July by some 10% from June to average 727,000 barrels per day (bpd), as Chevron and other partners of state oil firm PDVSA…
Norway LNG Export Plant Back Online After 3-Month Maintenance
Hammerfest LNG, the liquefied natural gas export facility in Norway, is back online following more than three months of scheduled maintenance works. The return of LNG supply from Norway, which…
