Sempra Infrastructure and JERA Announce Sale and Purchase Agreement for U.S. LNG from Port Arthur LNG Phase 2

HOUSTON, July 31, 2025 /PRNewswire/ — Sempra Infrastructure, a subsidiary of  (NYSE: SRE), and JERA Co., Inc. (JERA) today announced a 20-year sale and purchase agreement for the supply of 1.5 million…

Shell Defies Expectations With Strong Q2 Earnings

Shell (NYSE: SHEL) posted better-than-expected earnings for the second quarter, as reduced expenses and higher marketing margins partly offset lower oil and gas prices and weaker trading results. Shell on…

Non-Oil Growth Drives Saudi Economic Expansion in Q2

Saudi Arabia’s economy expanded by nearly 4% in the second quarter from a year earlier, thanks to rising non-oil economic growth and the return of growth in the oil sector…

  • Gas
  • July 31, 2025
Air Products faces earnings headwinds as helium downturn persists

Industrial gas major Air Products has warned that weakness in the helium market will continue to weigh on earnings, with the gas’s exposure to LNG supply and shifting demand dynamics…

  • Gas
  • July 31, 2025
Air Products faces earnings headwinds as helium downturn persists

Industrial gas major Air Products has warned that weakness in the helium market will continue to weigh on earnings, with the gas’s exposure to LNG supply and shifting demand dynamics…

  • Gas
  • July 31, 2025
Adriatic LNG closes for maintenance in August

The Adriatic LNG Terminal will stop production and injection of gas into the Italy national grid from Friday (1 August) and gradually reopen towards the end of the month. The…

U.S. Gives Chevron Green Light to Return to Venezuela

The Trump administration granted Chevron a sanction exemption for its operations in Venezuela but only on the condition that no money from these operations would go to the Venezuelan government,…

U.S. Steps Up Sanctions on Chinese Imports of Iranian Oil

The U.S. has sanctioned a fourth oil import terminal in China for receiving Iranian oil cargoes as the State Department expanded sanctions against entities involved in trade with Iran. The…

  • Gas
  • July 31, 2025
Air Products CEO reaffirms Gulf Coast blue ammonia potential

Air Products is confident blue ammonia from the US Gulf Coast will be “very competitive” in Europe, according to its CEO Eduardo Menezes. The industrial gas major recently to 2028/29,…

  • Gas
  • July 31, 2025
Air Products CEO reaffirms Gulf Coast blue ammonia potential

Air Products is confident blue ammonia from the US Gulf Coast will be “very competitive” in Europe, according to its CEO Eduardo Menezes. The industrial gas major recently to 2028/29,…