BlackRock’s GIP Sees ‘Enormous’ Opportunity in Geothermal Energy

By Clean energy projects focused on geothermal and nuclear power have the potential to unlock huge returns for investors, according to an executive at BlackRock Inc.’s Global Infrastructure Partners. Get the…

U.S. Tariffs Could Slash Global Petrochemicals Trade

Global petrochemicals trade could decline by 15% due to the U.S. tariffs upending destination flows, executives from the industry told Reuters on the sidelines of the APPEC conference in Singapore.…

China’s Curbs to Excess Refining Capacity Could Take Years

It could be years until China sees the results of the ongoing push to curb excess refining capacity and tackle price wars and disorderly competition, one of the biggest independent…

Iraq Explores Global Crude Storage with Exxon

Iraq’s state oil marketing firm is in discussions with Exxon for potential crude storage sites close to demand markets in Asia, the United States, and Europe, Bloomberg reports, citing a…

Oil Rises on Modest OPEC+ Output Hike, Russia Supply Concern

Summary Brent and U.S. crude rise about 1% Threat of tighter sanctions on Russian oil also underpins market China to carry on stockpiling oil in 2026, Gunvor official says (Reuters)…

Crude Oil Sentiment Swings to Lower Prices as Bearish Factors Mount

(Reuters) – Sentiment in the crude oil market has shifted to expecting prices to decline, with the debate at the industry’s biggest gathering in Asia more about timing than direction.…

Refinery-State Senators Look to Block Trump From Shifting Renewable Fuel Obligation

Reuters) – Oil refinery-state lawmakers led by Senator Mike Lee, a Republican from Utah, will introduce legislation on Tuesday to block President Donald Trump from shifting renewable fuel blending obligations…

Ukrainian Strikes on Russian Oil Facilities Could be a Boon for US Refiners

A satellite image shows an oil pumping station, part of Druzhba pipeline infrastructure, struck by drones according to Ukraine’s military, in the course of Russia-Ukraine military conflict, in Tambov region,…

  • Gas
  • September 9, 2025
European ethanol plants captured 1.5m tonnes of CO2 in 2024

European renewable ethanol producers are now a major source of captured carbon dioxide, with more than half of the sector’s installed capacity fitted with CO2 capture systems. In 2024, European…

  • Gas
  • September 9, 2025
Canada backs three CCUS projects with $5.8m funding

The government of Canada is spending $5.8m to support carbon capture, utilisation and storage (CCUS) projects in British Columbia. Tim Hodgson, Minister of Energy and Natural Resources, announced yesterday (8…