EU Has Limited Legal Options to Cut Off Russian Gas Supply
The European Union has a non-binding goal to phase out imports of Russian natural gas by 2027, but it’s unlikely to resort to a ban to achieve that indicative target.…
The End of an Era for Berkshire Hathaway as Buffett Steps Down
Warren Buffett is retiring by the end of the year as CEO at the Berkshire Hathaway empire he has built and is recommending the board replace him with Greg Abel,…
Mining Major Hails Massive Copper Discovery
Lundin Mining Corp. has declared the Filo del Sol copper discovery one of the largest in recent history, containing an estimated 13 million tons of the basic metal that is…
Shell Reportedly Studying BP Bid
Shell is reportedly considering a takeover bid for fellow supermajor BP, which has seen its fortunes dim recently after its rather premature bet on a fast energy transition. The report…
Saxo Says Speculators Trimmed Crude Long Positions Ahead of OPEC+ Increase
In a commodities note posted on the Saxo Bank A/S website today, Ole Hansen, the company’s head of commodity strategy, highlighted that “speculators trimmed long positions in crude oil ahead of…
Video | What’s the latest with ammonia pipelines
James Watt, Hydrogen and Carbon Capture Consultant at WSP, discusses ammonia pipelines, the challenges with operating an ammonia pipeline and the key considerations that need to be taken while operating,…
OPEC+ Stuns Market With Larger Than Expected Output Hike
Crude oil markets took a fresh hit this weekend after OPEC+ stunned traders by announcing a larger-than-expected output increase for June. In a virtual meeting on Saturday, key producers led…
New Budget Proposal Cuts Clean Energy Funding, Expands Fossil Fuel Research
President Trump’s newly released 2026 budget proposal aims to slash over $15 billion in federal support for carbon capture and renewable energy programs, signaling a sharp pivot toward fossil fuels…
OPEC+ Plans Faster Rollback of Output Cuts
OPEC+ could bring back 2.2 million barrels daily in supply by November this year in an apparent acceleration of the rollback of its production cuts, per a Reuters report citing…
Air Products seeks to improve profit margin in core business by a quarter
Industrial gas major Air Products has set a target to improve the operating margin of its core merchant gas business over time from about 24% today to a best-in-class 30%…
