NEOM’s Future Hangs in Balance as Riyadh Tightens Fiscal Belt
Saudi Arabia is reassessing the scope and timeline of its $500-billion NEOM initiative, according to Bloomberg and CNBC, with officials reportedly reviewing key components of The Line in response to…
Oil Prices Climb as EU Sanctions Target Russian Trade
Oil prices rose on Friday after the EU adopted its 18th sanctions package against Russia, lowering the price cap, targeting Russian oil trade, and closing a loophole that has so…
Vår Energi makes oil and gas discovery in Norwegian Sea
Vår Energi has made a commercial gas and condensate discovery in the Vidsyn exploration well, located close to the Vår Energi-operated Fenja field in the Norwegian Sea. The discovery is…
Restart of Kurdistan’s Oil Export Isn’t Imminent
Despite Baghdad’s assurances that oil exports from Kurdistan will resume immediately after more than two years, the semi-autonomous Iraqi region isn’t prepared to restart exports, sources familiar with the matter…
Fortescue Halts New U.S. Green Energy Projects
Australia’s energy and metals group Fortescue is reassessing timelines and pausing green energy project developments in the United States following the latest U.S. legislation to phase out renewable energy incentives,…
Plasma process challenges CCS as D-CRBN scales up carbon reuse technology
Belgian firm D-CRBN is developing a circular carbon utilisation model that converts waste carbon dioxide into carbon monoxide using plasma technology. With partnerships spanning upstream CO2 suppliers and downstream offtakers,…
Plasma process challenges CCS as D-CRBN scales up carbon reuse technology
Belgian firm D-CRBN is developing a circular carbon utilisation model that converts waste carbon dioxide into carbon monoxide using plasma technology. With partnerships spanning upstream CO2 suppliers and downstream offtakers,…
FTC Retracts Ban vs Hess, Pioneer Leaders
The Federal Trade Commission (FTC) on Thursday canceled its consent orders for the Chevron-Hess and ExxonMobil-Pioneer mergers, saying the combinations would not harm competition. As a result, Hess Corp. chief…
Slovakia Lifts Veto on New EU Energy Sanctions on Russia
Slovakia will lift its veto with which it was holding up the required unanimous approval of the EU’s 18th sanctions package against Russia, Slovakia’s Prime Minister Robert Fico says. Earlier…
