OPEC Oil Output Increase Falls Short of Target
OPEC’s crude oil production rose by 180,000 barrels per day (bpd) to 27 million bpd in May, with producers part of the OPEC+ agreement raising output by much less than…
EU Aims to Cut All Russian Gas Imports by 2027
As the European Union seeks to end its dependency on Russian energy, the European Commission is set to propose this week a ban on new contracts for natural gas supply…
Maintenance Drags China’s Refinery Throughput to 9-Month Low
Amid heavy planned seasonal maintenance, crude oil processing at China’s refineries dipped by 1.8% in May from a year earlier, to the lowest level in nine months. Chinese refiners processed…
TotalEnergies to Spend 30% of Capex on Power Business
TotalEnergies plans to spend about 30% of its capital expenditure (capex) on boosting its integrated power business, Patrick Pouyanne, the chief executive of the French supermajor, said at an energy…
Israel Strikes Continue amid Reports Iran Keen to De-Escalate
Israel and Iran exchanged fire for the fourth consecutive day on Monday, stoking fears of an all-out war with the potential to drag in others in the oil-rich region and…
Video | “With €32bn to be invested in chip expansion, there’s a lot of opportunity for gas companies”
Lita Shon-Roy, President/CEO and Founder at TECHCET, spoke exclusively to gasworld following her presentation at gasworld’s Specialty Gas Summit 2025. In the interview, Shon-Roy discusses the semiconductor industry in Europe,…
Commercial concerns rise for Gulf states and global shipping
The escalating conflict between Israel and Iran raises the prospect of broader regional instability and has turned the spotlight on the key shipping route of the Strait of Hormuz. All…
Commercial concerns rise for Gulf states and global shipping
The escalating conflict between Israel and Iran raises the prospect of broader regional instability and has turned the spotlight on the key shipping route of the Strait of Hormuz. All…
Seven countries to receive $1bn towards industrial decarbonisation
Brazil, Egypt, Mexico, Namibia, South Africa, Turkey, and Uzbekistan have been selected for the Climate Investment Funds’ (CIF) first industrial decarbonisation initiative. The multilateral programme is dedicated to reducing industrial…
Cryoport completes sale of courier business to DHL for $200m
Temperature-controlled solutions company Cryoport has completed the sale of its courier business, focused on focused on clinical trials, biopharma, and cell and gene therapies, to logistics provider DHL Group. First…
