Exxon May Acquire Rights to Produce Oil in Venezuela, NYT Reports

May 21 (Reuters) – U.S. oil major Exxon Mobil (XOM.N) ​is in talks to acquire ‌rights to produce oil in Venezuela nearly two decades after it was effectively expelled from…

Oil Prices Rise as Investors Doubt Breakthrough in US-Iran Peace Talks

Summary Iran, U.S. maintain opposing stances on Tehran’s uranium stockpile, Strait of Hormuz OPEC+ leaders expected to up July oil output target, sources say WTI, Brent headed for weekly losses…

EU Regulators to Decide on Baker Hughes’ $13.6 billion Chart Deal by June 26

(Reuters) – EU antitrust regulators will decide by June 26 ​whether to clear oilfield services ‌firm Baker Hughes’ $13.6 billion acquisition of Chart Industries, according to a ​European Commission filing. Baker…

  • Gas
  • May 22, 2026
Northern Lights receives fourth CO2 ship

By 14 min ago 2 min read The Northern Lights joint venture has received its fourth dedicated carbon dioxide carrying ship. The Northern Purpose vessel will set sail from Dalian,…

  • Gas
  • May 22, 2026
UK energy distributor eyes hydrogen for fast-response outage recovery

By 26 min ago 2 min read The UK’s largest electricity distribution network operator UK Power Networks plans to develop a “first-of-its-kind” hydrogen fuel cell-based energy backup system to support…

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  • May 22, 2026
Lufthansa to buy carbon removal credits from 3,000-tonne Canadian DAC plant

By 30 min ago 2 min read European airline Lufthansa Group (Lufthansa) will buy carbon removal credits from Canadian-based Deep Sky’s flagship direct air capture (DAC) facility in Alberta. Through…

Shell Returns to Dutch Supreme Court in Landmark Climate Case

Supermajor Shell is facing the Netherlands’ Supreme Court in an emissions lawsuit that a few years ago led to a ruling forcing the company to slash emissions from operations by…

Alberta Pushes Ahead With Separation Referendum Despite Court Challenge

Alberta’s Premier Danielle Smith has said Canada’s oil province will go ahead with a referendum on whether to remain in the federation or secede, stating that “Alberta’s future will be…

Indian Markets Close Higher As Energy And Renewable Stocks See Mixed Trading Activity (22 May 2026)

An infographic illustrating GAIL’s renewable energy projects and stock market performance. Indian stock markets ended on a positive note on May 22, 2026, with benchmark indices closing higher amid selective…

  • Gas
  • May 22, 2026
CIP secures €200m to scale biomethane in Europe

By 14 min ago 3 min read Fund management company Copenhagen Infrastructure Partners will receive €200m ($232m) from the European Investment Fund (EIF) to scale biomethane and advanced bioenergy across…