Analysts Offer Prediction for Next OPEC+ 8 Meeting

In a report sent to Rigzone by the Standard Chartered team on Tuesday, analysts at the company, including Standard Chartered Bank Commodities Research Head Paul Horsnell, offered a prediction for…

Echogen Power Systems Chosen To Power Europe’s First Grid-Scale Pumped Thermal Energy Storage System In Slovakia

Representational image. Credit: Canva Echogen Power Systems has announced that its strategic partner, Westinghouse Electric Company, has signed a Memorandum of Understanding (MoU) with Vodohospodárska Výstavba (VVB) to plan the…

  • Gas
  • August 1, 2025
Higher Canada tariffs applied as US moves on 92 countries

The US has raised Canada tariffs to 35% from today [1 August], a 10% increase, and introduced new levies on 92 countries overall. The charges relate to Canadian exports not…

FRV Teams Up With Envision To Develop H2 Cumbuco Green Hydrogen Project In Brazil Using 100% Renewable Energy

Fotowatio Renewable Ventures (FRV), a part of Jameel Energy, has announced a strategic partnership with Envision Energy to advance its green ammonia project, H2 Cumbuco, located at the Port of…

  • Gas
  • August 1, 2025
First centrifugal on board carbon capture system launches 

Maritime solutions provider Carbon Ridge claims to have launched the first on board centrifugal carbon capture system on a commercial vessel. The installation of the fuel-agnostic system took place on…

  • Gas
  • August 1, 2025
ArcelorMittal partners on hydrogen steelmaking project in Brazil

Steel producer ArcelorMittal has said it will explore the development of a clean hydrogen project at its Juiz de Fora plant in Brazil. The company has partnered with US-based clean…

Asia Steps Up US WTI Oil Imports as Middle East Prices Rise

WTI’s arbitrage has been wide open to Asia for the past week for cargoes arriving in early November, said June Goh, a senior analyst at Sparta Commodities. U.S. producer Occidental…

Oil Steadies as Concerns About Tariff Impacts Vie With Russian Supply Threats

(Reuters) – Oil prices were little changed on Friday after falling more than 1% in the previous session as traders digested the impact of new higher U.S. tariffs that may…

Blackstone Emerges as Frontrunner to Buy Enverus

Summary Blackstone may pay around $6 billion for Enverus Veritas Capital also showed interest in Enverus Enverus owner H&F has been running sale process in recent weeks (Reuters) – Blackstone…

Exxon, Chevron Profits to Drop to Lowest Point Since Pandemic, Analysts Say

(Reuters) – Top U.S. oil producers Exxon Mobil and Chevron are expected to report their lowest earnings in four years when they release second-quarter results on Friday, as weaker oil…