Sinochem Expands Global Reach with First Middle East Crude Delivery

Sinochem has delivered its first cargo of Middle East crude as the Chinese state-owned energy and chemicals giant looks to boost its oil trading business in Asia, Reuters reported on…

  • Gas
  • August 12, 2025
New Zealand gas industry ‘in crisis mode’

New Zealand’s industrial gas market is in the grips of crisis and urgent action is needed to remedy the situation and avoid knock-on impacts across a range of economic sectors.…

  • Gas
  • August 12, 2025
New Zealand gas industry ‘in crisis mode’

New Zealand’s industrial gas market is in the grips of crisis and urgent action is needed to remedy the situation and avoid knock-on impacts across a range of economic sectors.…

Oil Steadies as US, China Announce Tariff Extension

Summary U.S., China extend tariff pause to November Eyes on U.S. inflation data due later on Tuesday Trump-Putin talks on Friday cloud oil outlook (Reuters) – Oil prices were broadly…

Texas Businessmen Indicted for Allegedly Bribing Officials at Mexico’s Pemex

Rovirosa is also alleged to have ties to Mexican cartel members, the Department of Justice said in a statement. Rovirosa, 46, was arraigned while Avila, 61, remains at large. Reuters…

Venture Global Beats Second-Quarter Revenue Estimates on Higher LNG Sales

Venture Global, the country’s second-largest LNG exporter behind Cheniere Energy, has been ramping up commercial operations at its Plaquemines and Calcasieu Pass export facilities, both located in Louisiana. Get the…

Leviathan Partners Ink $35B Deal to Raise Gas Exports to Egypt

Chevron Corp. and its partners in Israel’s Leviathan gas and condensate field have reached an agreement with current buyer Blue Ocean Energy for an increase of 130 billion cubic meters…

  • Gas
  • August 12, 2025
DNV signs three-year contracts to advance major UK CCS projects

DNV Inspection, a specialised division within assurance and risk management firm DNV, will support two of the UK’s first carbon capture and storage projects after securing separate three-year contracts. As…

NextDecade Gets $1.8 Billion Injection for LNG Project

NextDecade, the company building the Rio Grande LNG plant, has secured funding of a total $3 billion for the expansion of its project, with over half of the money coming…

Oil Prices Rebound on China Tariff Delay

Crude oil prices rebounded today, after dipping on Monday, following the news that the U.S. will delay the imposition of tariffs on China by 90 days as negotiations continue. At…