Oil Rises After OPEC+ Hikes Output Less Than Expected

Summary OPEC+ November supply hike stable from October at 137,000 bpd Refinery maintenance to limit oil demand in Q4, analysts say Weak demand outlooks in Q4 to also cap near-term…

Chevron to Make Adjustments to Los Angeles Refinery Following Large Fire

(Reuters) – Chevron  said on Saturday that it will be making operational adjustments to its 285,000 barrel-per-day El Segundo refinery to meet Southern California’s fuel demands after a large fire erupted…

European Union’s US Gas Use Set to Soar, Increasing Price Volatility

Summary LNG now covers half of EU gas needs EU dependency on US LNG set to rise further LNG prices more volatile than pipeline gas EU gas storage levels drop…

Eni Restarts Drilling Work Offshore Libya

Italy’s Eni has restarted drilling operations offshore Libya after a five-year break prompted by the Covid pandemic. The National Oil Corporation of Libya said that the Italian supermajor had started…

African Energy Conglomerate Eyes 350,000 Bpd in Oil Output

Sahara Group, the India-based energy and infrastructure conglomerate, plans to be producing 350,000 barrels of crude daily in Africa by 2030, local media reported, citing a senior company executive. “This…

Denmark Targets Russia’s Shadow Fleet With Tighter Tanker Controls

Denmark is intensifying inspections on oil tankers passing through its waters, which are the gateway to and from the Baltic Sea, in a move to counter Russia’s shadow fleet movements.…

Ardian to Buy Irish Utility Energia as AI Power Demand Booms

French private investment firm Ardian will buy Irish energy utility Energia Group from infrastructure investor I Squared Capital, as power demand is set to surge with Ireland’s growing digital economy…

  • Gas
  • October 6, 2025
Uniper shores up biomethane supply in long-term Spanish deal

German energy company Uniper and Spanish developer Five Bioenergy have signed a seven-year biomethane purchase agreement from three of Spain’s largest biomethane plants, in Murcia. Deliveries are expected to start…

  • Gas
  • October 6, 2025
Chart Industries shareholders approve $13.6bn sale to Baker Hughes

The shareholders of US cryogenic equipment manufacturer Chart Industries have approved its sale to global energy company Baker Hughes in a $13.6bn cash deal. At a meeting held today, a…

  • Gas
  • October 6, 2025
SIAD and Brembo invest €2m in advanced hydrogen tech start-up Hydrospark

Industrial gas group SIAD and braking systems specialist Brembo will invest up to €1m each into Hydrospark, a start-up launched by hydrogen technology firm Petroceramics. Hydrospark has developed a platform…