CycleØ acquires Spanish waste site in €200m biomethane push
Pan-European biomethane project developer CycleØ has acquired Spanish waste management facility Grupo Azon Ramon y Cajal in a €200m move that the company says will enable it to convert 121,000…
Recent Jump in Asia’s Oil Imports May Not Mean Stronger Demand
Asia’s crude oil imports surged in June to the highest level in two and a half years, but the rise isn’t necessarily attributable to strengthening oil demand after a soft…
Enbridge: Canada Can’t Build New Pipeline Without Legislative Changes
New oil and gas pipeline projects in Canada need changes in legislation, pipeline major Enbridge has said, noting shortened approval times would be much appreciated. The company was commenting on…
TES and CPC Finland announce Finnish e-NG joint venture
Synthetic fuels company Tree Energy Solutions and renewables outfit CPC Finland have launched a joint company, Luoto Energia, which aims to produce electric natural gas (e-NG), the green synthetic gas…
Shell Says No Plan to Make Offer for BP
Shell PLC on Thursday dismissed media reports it could be intending to approach smaller rival BP PLC for a potential merger. Shell “has not been actively considering making an offer…
U.S. Eases Ethane Export Rules for China
The United States has lifted a restriction on exports of ethane, a petrochemical feedstock, to China, but only under certain conditions, Reuters has reported, citing an unnamed source and a…
China Launches Phase 2 Deep-Sea Gas Field Adding 4.5BCM To Supply
China National Offshore Oil Corporation (CNOOC) has fully launched the second phase of its Deep-Sea No. 1 natural gas project in the South China Sea, boosting domestic output by 4.5…
Europe sees chance in space industry with streamlined rules
The European Commission has identified different elements of the space economy as it seeks to capitalise on the potential of an industry that could be worth $1.8 trillion by 2035.…
Oil price fall “an outlier” and LNG price could soon rise
The slide in oil prices has been “an outlier” compared with price rises associated with previous Middle East conflicts, according to latest Rystad Energy research. At one point after the…
John Cockerill Hydrogen raises €116m for electrolyser push
Engineering firm John Cockerill Hydrogen has secured €116m in a second capital raise which enables it to roll out its next generation of pressurised alkaline electrolyser technologies. Fluxys, a Belgian…
