Spot Crude Premiums Jump as US Sanctions on Russian Producers Drive China, India Demand

(Reuters) -Spot premiums in crude markets jumped on Thursday on expectations that U.S. sanctions on top Russian producers will spur China and India’s demand for supplies from the Middle East,…

North Dakota Oil Production Down 10,000 bpd in August vs July to 1,153,000 bpd – State Regulator

(Reuters) – Oil production in North Dakota fell 10,000 barrels-per-day (bpd) to 1,153,000 bpd in August, monthly data from the state Industrial Commission showed. Bakken and Three Forks oil production…

Eni Raises 2025 Cash Flow Guidance After Beating Q3 Estimates

Italy’s energy giant Eni (NYSE: E) raised its outlook on cash flow generation for 2025 and increased full-year planned buybacks by 20% after posting consensus-beating earnings for the third quarter.…

Windfall Tax Reforms Crucial for North Sea Oil Industry

The UK Government should avoid accelerating the decline of North Sea oil and gas production through policies, as job losses amid the decline in Scotland’s oil and gas industry currently…

Supertanker Rates Soar as Buyers Scramble to Replace Russian Oil

The supertanker freight futures surged on Thursday and Friday after the U.S. sanctions against Russia’s biggest oil firms created a rush to replace Russian barrels.  The front-month supertanker contracts on…

Profit at Germany’s Uniper Sinks on Lost Russian Gas Revenue

Germany’s utility giant Uniper expects its adjusted net income for the first nine months of the year to be five times lower compared to last year’s levels, on the back…

  • Gas
  • October 24, 2025
Finland issues first guarantees of origin for hydrogen

Finnish state-owned gas company and transmission system operating business Gasgrid has issued Finland’s first guarantees of origin for hydrogen. They were issued to P2X Solutions for renewable hydrogen produced at…

  • Gas
  • October 24, 2025
Finland issues first guarantees of origin for hydrogen

Finnish state-owned gas company and transmission system operating business Gasgrid has issued Finland’s first guarantees of origin for hydrogen. They were issued to P2X Solutions for renewable hydrogen produced at…

  • Gas
  • October 24, 2025
GCE expands global reach with medical gas buys and digital drive

Gas control equipment manufacturer GCE is reshaping its medical gas business through a wave of acquisitions and new digital initiatives that extend its reach “from plant to patient.” The Europe-based…

  • Gas
  • October 24, 2025
Pakistan targets semiconductor potential with training push

Pakistan has unveiled a new programme which aims to train 7,200 professionals over five years in semiconductor design, verification, and research. The Inspire initiative aims to boost Pakistan’s technological self-reliance…