Oil Rebounds on Trump Threats on Russian Crude Buyers

Summary Oil prices rebound amid supply disruption concerns API crude draw data supporting prices, analysts say (Reuters) – Oil prices rebounded from the previous session’s five-week low on Wednesday, as…

NRG Energy Beats Quarterly Profit Estimates, Inks 295 MW Deal to Power Data Centers

By Reuters Reuters) – NRG Energy  beat Wall Street estimates for second-quarter profit on Wednesday, as the utility got a boost from surging power demand and improved retail margins in its…

Suncor Beats Expectations With Q2 Results

Canadian oil heavyweight Suncor Energy reported higher-than-expected earnings for the second quarter, booking a net result of $820 million and returning over $1 billion to shareholders in the period. The company…

YPF Set to Buy TotalEnergies’ Shale Assets

Argentina’s energy company YPF is nearing a deal for the acquisition of shale assets in the country owned by French supermajor TotalEnergies, Bloomberg has reported, citing unnamed sources in the…

EPA Set to Cancel $7 Billion in Solar Project Grants

The U.S. Environmental Protection Agency (EPA) plans to terminate $7 billion in federal grants for solar power projects in low-income communities, the New York Times reports, as the Trump Administration…

Analyst Says ‘Uncertainties Remain’ at BP Bumerangue Find

BP’s disclosure of the Bumerangue discovery points to a potentially material find, though uncertainties remain regarding its size and commercial viability. That’s what Obo Idornigie, Welligence SVP, Energy Trends and…

Boviet Solar ranked among top 10 financially stable solar PV manufacturers in Sinovoltaics’ 2025 report

Representational image. Credit: Canva Boviet Solar Technology Co. Ltd., has been named one of the top 10 most financially stable solar PV manufacturers in the third edition of Sinovoltaics’ 2025…

  • Gas
  • August 6, 2025
Globe valves to underpin safe and scalable liquid hydrogen production, says OPW white paper

Globe valves are expected to remain a core enabling technology for the liquid hydrogen (LH2) market as it scales up to meet demand for clean fuels, according to a new…

Strong Crude Draw Jolts Oil Prices

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, shrinking by 4.2 million barrels in the week ending August 1. Analysts had…

India’s Power Giants Are Tapping Coal Inventories as Demand Slides

Indian power generators are using more coal from inventories rather than buying new supply from Coal India amid a decline in demand for coal-powered generation. The decline resulted from higher…