OPEC Ready to Raise Oil Output if Required After US Sanctions on Russia, Kuwaiti Minister Says

(Reuters) – OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after the United States imposed new sanctions on…

Oil Majors Drop Deals with Chinese Refiner Sanctioned by the UK

International oil majors have canceled spot cargo sales of Middle Eastern and Canadian crude to Shandong Yulong Petrochemical after the Chinese refiner was sanctioned by the UK last week, Reuters…

EU Includes Russian LNG Import Ban in 19th Sanctions Package

The EU on Thursday adopted the 19th sanctions package against Russia, which includes a ban on imports of Russian LNG from 2027, sanctions on additional shadow fleet vessels and on…

China Continues Russian Arctic LNG Imports Despite Sanctions

The sanctioned Russian Arctic LNG export facility continues to ship cargoes to China as the U.S.-sanctioned project did not incur additional sanctions in Wednesday’s U.S. package imposed “as a result…

  • Gas
  • October 23, 2025
ITM Power unveils modular 50MW green hydrogen plant to drive scale

UK-based ITM Power has unveiled a 50MW green hydrogen plant blueprint to enable more scalable and cost-effective hydrogen production. The Alpha 50 plant – priced at €50m – can be…

Oil Rises Nearly 5% Before Retreating on Fresh US Sanctions Against Russia

Summary US slaps sanctions on Rosneft, Lukoil over Ukraine war Indian refiners reviewing their Russian oil purchases US crude, fuel stocks down on strong refining and demand (Reuters) – Oil…

Trump’s Russian Oil Sanctions Gambit Will Test His Tolerance for Pain: Bousso

Oil prices gained over 5% following news of the sanctions, with traders fearing a drop in global oil volumes. Rosneft and Lukoil collectively produce roughly 5% of global oil supplies,…

India Poised to Sharply Cut Russian Oil Imports After U.S. Sanctions

Summary U.S. imposes sanctions on Russian producers Rosneft, Lukoil India is biggest buyer of seaborne Russian oil since Ukraine war Russian oil purchases a key Trump irritant in India trade…

  • Gas
  • October 23, 2025
Solid MOF tech ‘can deliver as storage option,’ says UK developer

UK-based technology developer Immaterial has developed a new type of metal-organic framework (MOF) that is more effective than existing MOF technology and can be used for hydrogen storage. Spun out…

  • Gas
  • October 23, 2025
Solid MOF tech ‘can deliver as storage option,’ says UK developer

UK-based technology developer Immaterial has developed a new type of metal-organic framework (MOF) that is more effective than existing MOF technology and can be used for hydrogen storage. Spun out…