Hungary Makes Historic Switch to American Nuclear Fuel

Hungary will buy U.S. nuclear fuel for the first time to use at a Russia-built nuclear power plant in the country, Hungarian Foreign Minister Peter Szijjarto said ahead of a…

Oil Market Appears ‘Torn’

The oil market appears “torn”. That’s what Standard Chartered Bank Energy Research Head Emily Ashford outlined in a report sent to Rigzone by the Standard Chartered team this week, which…

  • Gas
  • November 7, 2025
Petronas receives Malaysia offshore CCS permit

A subsidiary of multinational oil and gas firm Petronas has been granted an offshore assessment permit for carbon capture and storage (CCS) in the Duyong area of Malaysia. The Malaysia…

  • Gas
  • November 7, 2025
Greek project to showcase first end-to-end CO2-to-fuel system at refinery

A new European project will bring together 16 partners from eight countries to demonstratehow advanced carbon capture and utilisation technologies can turn industrial CO2 emissions into clean fuels. The four-year…

Oil Heads for Second Weekly Loss on Lingering Oversupply Concerns

Summary U.S. crude stocks rose more than expected last week Private reports suggest U.S. labour market weakened in October Gunvor withdraws proposal to buy Lukoil’s overseas assets (Reuters) – Oil…

U.S. Shale Producer EOG Resources Beats Third-Quarter Profit Estimates

Meanwhile, oil and gas production in the U.S. rose to record highs in August, data from the Energy Information Administration showed. Get the Latest US Focused Energy News Delivered to…

Oil Prices Set to Extend Losing Streak as Floating Storage Soars

Crude oil prices were on course for another weekly decline today as worries about a supply overhang deepened amid reports of record crude oil volumes going into floating storage and…

Gunvor Pulls Lukoil Bid After U.S. Treasury Labels Firm a ‘Russian Puppet’

Swiss commodity major Gunvor has pulled a $22-billion bid for Lukoil’s international business after the U.S. Treasury Department signaled it was not happy with the deal, calling the company a…

Japan to Start Buying LNG for Emergency Reserve

Japan will start buying liquefied natural gas for an emergency reserve from January next year, Reuters has reported, citing two unnamed sources from the country’s trade and industry ministry. The…

  • Gas
  • November 7, 2025
Air Products sees potential path forward for Louisiana hydrogen project

Air Products believes it could still proceed with its paused $4.5bn blue hydrogen plant in Louisiana, US, according to its CEO. Speaking during the industrial gas firm’s Q4 results, Eduardo…