U.S. Oil Industry Braces For More Pain As Inventories Continue to Grow

U.S. Oil Industry Braces For More Pain As Inventories Continue to Grow | OilPrice.com `; document.write(write_html); } Breaking News: ByJulianne Geiger– Feb 19, 2025, 4:17 PM CST The American Petroleum…

Army Corps of Engineers Lists 600 Critical Energy Projects

ByCharles Kennedy– Feb 20, 2025, 2:00 AM CST The Army Corps of Engineers has identified 600 energy and infrastructure projects to be developed under President Trump’s national energy emergency declaration.…

Bab el-Mandeb Strait Maritime Traffic Sees Significant Downturn

In an analysis posted on its website earlier this month, Dryad Global said maritime traffic through the Bab el-Mandeb Strait “has experienced a significant downturn following the series of Houthi…

  • Gas
  • February 20, 2025
Europe approves €920m grant for Infineon Dresden smart power fab

The European Commission has approved a €920m German aid measure to Infineon for its new semiconductor smart power fab in Dresden. The measure allows the company to complete the MEGAFAB-DD…

Exxon’s Gas Project In Guyana To Include Fertilizer Plant

U.S. oil and gas major Exxon Mobil Corp.’s (NYSE:XOM) large-scale gas project in Guyana will also include fertilizer plants, the head of the U.S. oil major in Guyana, Alistair Routledge,…

Tariff Threats Propel Gold Prices To All-Time High

Gold prices soared to an all-time high on Wednesday after safe haven flows jumped amid U.S. President Donald Trump’s growing tariff threats. Spot gold was quoted at $2,935.10 an ounce…

  • Gas
  • February 20, 2025
Video: Ammonia’s role in decarbonisation

Inge Hjelkrem, CTO at Hydrogen Mem-Tech and Dr Hans-Peter Schmid, Managing Director at WS-Reformer, discuss the role of ammonia and contributing towards decarbonisation goals, on gasworld’s Unlocking the Ammonia Value…

  • Gas
  • February 20, 2025
Iran starts piloting helium extraction

Iran has launched its first pilot project for extracting and purifying helium from natural gas. Mohammad Eslami, Head of the Atomic Energy Organization of Iran (AEOI), announced the operational launch…

  • Gas
  • February 20, 2025
Bloom Energy and Chart Industries partner on fuel cell-based carbon capture

Californian fuel cell specialist Bloom Energy has formed a carbon capture partnership with Chart Industries, through which the parties will utilise natural gas and fuel cells to generate near-zero-carbon power.…

Aramco to Acquire 25 Percent in Philippine Fuel Retailer

Saudi Arabian Oil Co. (Aramco) has signed agreements to buy a 25 percent stake in retail network operator Unioil Petroleum Philippines. Inc. The oil giant plans to use the Filipino…