Russia’s Gas Production Drops Despite Surge to China and Domestic Uptake
Russia’s natural gas production fell 3.2% in the first half of 2025, reaching 334.8?billion cubic meters (bcm), as higher exports to China and increased domestic demand failed to offset the…
Lucid Motors Forges Alliance for U.S. Battery Materials
Lucid Group (NASDAQ: LCID), an electric vehicle manufacturer, announced Wednesday a collaboration with several critical mineral producers aimed at accelerating the development and procurement of domestic critical minerals for U.S.…
Germany’s Offshore Wind Sector Stalls
Germany’s offshore wind power installations stagnated in the first half of 2025, with 9.2 gigawatts (GW) as of June 30, the same as at end-2024, German industry associations said, calling…
EU Sanctions Disrupt Fuel Exports of Indian Refiner Nayara Energy
Indian refiner Nayara Energy, in which Russia’s top oil firm Rosneft holds 49%, is already experiencing disruption to its fuel exports, days after the EU sanctioned the refiner for being…
Trump Hints at U.S.-Japan LNG Joint Venture
As U.S. President Donald Trump touted “the largest trade deal in history” with Japan, he also noted that the United States and Japan are set to conclude another deal to…
TotalEnergies Launches LNG Bunkering JV with Shipping Group
TotalEnergies and shipping giant CMA CGM Group will create a joint venture to provide LNG bunkering supply services at the port of Rotterdam, Europe’s largest, in a bid to help…
Equinor’s Earnings Drop on Lower Oil Prices
Equinor (NYSE: EQNR) booked lower core earnings for the second quarter compared to a year earlier amid lower oil prices, kicking off the earnings season of the international majors, all…
Oil Price Swings Challenge Big Oil Trading Profits
While analysts and investors largely expect to see lower earnings at the world’s top oil and gas majors for the second quarter, due to weaker oil prices, they have fewer…
UK set to start work on 10 hydrogen projects
The UK government has confirmed that 10 projects from the first phase of its flagship hydrogen programme – Hydrogen Allocation Round (HAR1) – can begin construction. In the Autumn Budget…
Two more US LNG projects should by funded soon, says Drewry
Two LNG projects totalling around 20 million tonnes per year of capacity – CP2 phase 1 and Commonwealth LNG – are next in line for final investment decision (FID) approval,…
