China Tackles Price Wars as Bloated Solar Sector Amasses Huge Losses

China has launched in earnest the drive to curb excess capacity in the solar manufacturing sector, which has doomed many companies to price wars and deepening losses.  The combined losses…

  • Gas
  • September 4, 2025
Helium Evolution Canada facility in final construction phase

Canada-based helium exploration firm Helium Evolution Incorporated (HEVI) says its Soda Lake processing facility is in its final stages of construction. A joint project with North American Helium Incorporated, the…

  • Gas
  • September 4, 2025
Usable CO2 storage capacity ten times lower than previously thought

The planet’s capacity to store carbon dioxide underground safely is significantly lower than previously estimated, according to a study published in Nature. Researchers at the International Institute for Applied Systems…

China-Russia Pipeline Diplomacy Threatens Trump’s Energy Grip

Chinese President Xi Jinping shakes hands with Russian President Vladimir Putin at the Great Hall of the People, in Beijing, China, September 2, 2025. China Daily via REUTERS Summary Russia…

Oil Falls More Than 1% as OPEC+ to Consider Another Output Hike

Summary OPEC+ to consider raising oil production further, sources say OPEC+ meeting set for Sunday US crude stocks rose last week, sources say (Reuters) – Oil prices fell 1.5% on…

EQT Signs 20-Year Deal with NextDecade for 1.5 MTPA of LNG from Rio Grande LNG Train 5

PITTSBURGH, Sept. 3, 2025 /PRNewswire/ — EQT Corporation (NYSE: EQT) announced today that it has secured 1.5 million tonnes per annum (MTPA) of liquefaction capacity under a 20-year Sale and…

Hitachi to Invest $1 Billion to Produce Power Grid Components in US

Summary Hitachi to build massive new facility in Virginia for power transformers Investment aims to meet AI data centers’ electricity demand Hitachi’s global investment exceeds $9 billion NEW YORK, Sept…

A Sign of the Times: Global Oil and Gas Company Layoffs in 2024 and 2025

International oil and gas companies have announced they would cut tens of thousands of jobs in 2024 and 2025 due to lower oil prices and as they consolidate after the…

Exxon Looks Into European Asset Sale

Exxon is considering the sale of chemical production facilities in Europe, after the European Union sealed a controversial tariff deal with President Trump that will increase the burden on businesses…

EQT and NextDecade Strike 20-Year LNG Supply Deal

EQT has sealed a purchase deal for 1.5 million tons of liquefied natural gas from NextDecade’s Rio Grande facility, for a period of 20 years. The deal is part of…