UK Scraps $34 Billion Morocco-Linked Subsea Power Cable Megaproject

In a move with significant implications for transcontinental energy trade, the UK government has formally withdrawn support for the $34.4-billion Morocco-UK Power Project, a mega-renewables plan that would have delivered…

  • Gas
  • June 27, 2025
Centrica expands in Asia with Thai LNG deal

UK-headquartered energy company Centrica has signed an agreement with PTT for the Thai state-owned oil and gas company to supply liquefied natural gas for 10 years across a range of…

  • Gas
  • June 27, 2025
Balfour Beatty wins £833m Teesside CCS construction contract

International infrastructure group Balfour Beatty has been awarded an £833m contract by Technip Energies to act as the construction partner for Net Zero Teesside Power in north-east England. The onshore…

  • Gas
  • June 27, 2025
Moses Lake Industries opens semiconductor R&D site in Arizona

Chemistry-for-electronics company Moses Lake Industries has opened a semiconductor manufacturing and research facility in Mesa, Arizona. The 50,000 sq ft facility will advance semiconductor material development, including high-purity electrolyte solutions…

  • Gas
  • June 27, 2025
European biomethane capacity hits 7bcm but ‘must grow faster’

European’s biomethane installed production capacity reached 7 billion cubic metres (bcm) by the end of Q1, up 9% on 2024, according to the European Biogas Association (EBA). Yet growth is…

  • Gas
  • June 27, 2025
UK front-loads £500m into quantum push that boosts gas

The UK’s decision to inject more than £500m ($687m) into quantum computing over the next four years could open new opportunities for the industrial gas sector, particularly in cryogenics and…

No Uranium Leaks After U.S.-Israeli Strikes on Iran

Iran confirmed on Wednesday that no radioactive material leaked following coordinated U.S.-Israeli airstrikes on two of its major uranium enrichment facilities, easing immediate fears of a nuclear incident. The strikes,…

Oil Tanker Rates Retreat as Middle East Tensions Cool

Spot rates for very large crude carriers (VLCCs) sailing from the Persian Gulf to Asia have fallen sharply in recent days, as military tensions near the Strait of Hormuz subside…

Russia Seizes Ukrainian Village Near Key Lithium Venue

Russia has seized a village near Shevchenkove in eastern Ukraine, just kilometers from a major untapped lithium deposit, according to a pro-Russian local official cited by Reuters on Wednesday. The…

Sudan and South Sudan Clash Over Oil Export Fees

Sudan and South Sudan have not reached an agreement during discussions on revised oil export fees which South Sudan pays to Sudan to export oil from its ports, local outlet…