Crude Appears to be Consolidating as Markets Await OPEC+ Meeting
Crude prices appear to be consolidating around the $65 per barrel level as markets await the upcoming OPEC+ meeting, Ole R. Hvalbye, a commodities analyst at Skandinaviska Enskilda Banken AB…
Norway’s Oil and Gas Investment Set for Record High in 2025
Investments in Norway’s oil and gas sector are set to hit a record high this year, led by increased investments in operating fields, Statistics Norway said on Tuesday in its…
Greenland Seeks EU and U.S. Minerals Deals, But Won’t Turn Down China
Greenland will seek investments in its minerals from any country, including China, if the EU and the United States continue to hesitate about investing in the Arctic island’s rare earth…
Oil Prices Under Pressure From the Prospect of Another OPEC+ Hike
Crude oil prices slid further today after a weak start to the week, following reports that OPEC+ was discussing a greater than originally planned production hike for July. These reports…
CycleØ secures gas shipper licence and will scale biomethane in Spain
European biogas plant developer CycleØ has laid out plans to trade and supply biogas on the Spanish market after being awarded a gas shipper licence this week. As a certified…
German partners to demo ammonia cracker covering imports to hydrogen
Germany-based energy company Uniper has partnered with industrial group Thyssenkrupp Uhde to build a large-scale ammonia cracker at Uniper’s coal-fired power plant in Gelsenkirchen-Scholven, just north of Essen. The demonstration…
Canada firm to grow stake in site where it will search for hydrogen
Natural hydrogen exploration company Primary Hydrogen has signed a deal to acquire a 75% stake in the Wicheeda North project, which is an early-stage exploration initiative in British Columbia. Primary…
Saudi Arabia, Kuwait Announce ‘Highly Significant’ Oil Discovery
In a joint statement, which was posted on Saudi Arabia’s energy ministry website and Kuwait’s official oil ministry X account, the governments of Saudi Arabia and Kuwait announced a new…
Wildfire Season Begins in Alberta With First Evacuation
Wildfires erupted in the northern part of Alberta over the weekend, with some igniting near oil wells operated by Canadian Natural Resources. The wildfires have already prompted a mandatory evacuation…
Maduro Tightens Grip on Power in Venezuela with Latest Elections
Nicolas Maduro has solidified his power over Venezuela following this weekend’s regional and parliamentary election, which his ruling party said it won in a landslide, while the opposition called for…
