Argent LNG evaluates Honeywell pre-treatment tech for natural gas
US energy company Argent LNG is assessing the use of pre-treatment technology from Honeywell, a global technology and manufacturing business, to remove contaminants from natural gas at its Port Fourchon…
CarbonCo develops cheaper CO2 absorbent for industrial waste streams
South Korea-based CarbonCo, a subsidiary of construction group DL E&C, has developed a new carbon dioxide absorbent designed to reduce energy consumption in carbon capture processes. The material targets emissions…
India’s Oil Imports From OPEC Hit Record Low as Russian Flows Soar
OPEC’s market share in India slumped to an all-time low of below 50% of India’s crude oil imports in the 2024-2025 fiscal year, as Russian oil flows to the world’s…
U.S. Court Approves Floor-Setting $3.7-Billion Bid for Citgo’s Parent
A judge in a Delaware court has approved a $3.7-billion bid by Red Tree Investments as the floor-setting offer in a court-mandated auction of the parent company of Venezuela-owned refiner…
Canada’s Seaborne Oil Exports Surged in March
A record number of oil cargos set off from Vancouver Port in March thanks to the expansion of the Trans Mountain pipeline, the Vancouver Sun reported, citing data showing that…
Wave of new biogas plants confirmed for southern Europe
New biogas projects are moving forward in Italy, Portugal and Spain, in further evidence of the scale-up of biomethane production. In Italy, investment firm Plenium Partners has secured €25m ($28.6m)…
USA DOI Announces 11th OCS Oil and Gas Leasing Program
In a release posted on its website recently, the U.S. Department of the Interior (DOI) announced the 11th national outer continental shelf oil and gas leasing program. The DOI revealed…
IEA Warns of Unresolved Global Energy Security Threats
Global energy supply is still in danger of shocks, the International Energy Agency’s chief has warned ahead of a political gathering to discuss energy matters in London. The “lessons from…
Oil Prices Stabilize on Short-Covering and an OPEC+ Output Decline
Crude oil prices stabilized today, following Monday’s dip, and even made some gains earlier in the day, as traders rushed to cover their short positions on the commodity, and production…
Oil Prices Down 2% as Markets Scramble for Clarity
Crude oil prices fell sharply on Monday, with Brent and West Texas Intermediate (WTI) futures declining nearly 3% as markets reacted to perceived progress in U.S.-Iran nuclear negotiations and mounting…
