OPEC Bans Five Media Outlets From Vienna Meeting

OPEC has refused accreditation for Reuters, Bloomberg, the New York Times, the Financial Times, and the Wall Street Journal for its meeting in Vienna, which is taking place this week.…

Reuters: Saudi Aramco in U.S. Supply Talks with Commonwealth LNG

Saudi Aramco is in advanced talks to acquire 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from the U.S.-based Commonwealth LNG terminal in Cameron, Louisiana, according to…

Standard Chartered Dismisses ‘Phantom Barrel’ Theory, Sees No Hidden Surplus

Standard Chartered has shot down a rising Wall Street narrative that global oil markets are sitting on a hidden cushion of non-OECD crude, so-called phantom barrels. In its latest Commodity…

  • Gas
  • July 10, 2025
Saudi chemicals firm weighs listing for industrial gas operation

Saudi Arabia chemicals company Saudi Basic Industries Corp (SABIC) is evaluating an initial public offering (IPO) of its industrial gas unit, National Industrial Gases Company (NIGC). The move comes amid…

  • Gas
  • July 10, 2025
World Biogas Summit: Biogas is “climate-critical”, no longer a niche sector

The World Biogas Summit 2025 opened in Birmingham, the UK with a clear message that biogas is no longer a niche sector but a climate-critical solution gaining global momentum. In…

Baghdad-KRG Oil Deal Stalls Despite Reports of Breakthrough

The long-running oil export dispute between Baghdad and the Kurdistan Regional Government (KRG) in Erbil over oil exports and public-sector salaries has now deepened, as Iraq’s Cabinet failed to address…

Turkish Firms to Launch Oil and Gas Exploration Offshore Pakistan

Turkish energy firms will explore for oil and gas offshore Pakistan under agreements with local companies, Turkish Foreign Minister Hakan Fidan said during a visit to Pakistan on Wednesday. “This…

UK Set to Ditch Controversial Plan for Zonal Power Pricing

The UK government is set to drop plans to introduce zonal pricing in the country’s wholesale electricity market, following a backlash from industry saying that splitting the market into geographical…

Saudi Chemicals Giant SABIC Weighs Listing of Industrial Gas Unit

Saudi Basic Industries Corp (SABIC) is considering listing National Industrial Gases Company (GAS) as part of a review into the strategic options for its unit, the Saudi chemicals giant said…

Uganda in Search of JV Partner to Explore Oil Block

Uganda National Oil Company (UNOC) is on the lookout for a joint venture partner to help it explore and develop an oil block in the western part of the African…