Iraq Devalues Dinar 14.5% as Hormuz Disruption Drains Oil Revenue
South Korea Unveils $747 Billion Plan to Break Its Fossil Fuel Habit
Shell’s Refining Margin Jumps 75% as Fuel Supplies Dry Up
Norway Plans to Tap $63.7 Billion From Its Oil Fund in 2027
IEA Discusses G7’s 100 Million-Barrel Oil and Diesel Release
UK compressed gases body appoints new CEO
Chevron, Shell and BP Pull Workers From the Gulf Ahead of Hurricane
Australia’s High Court Blocks Major Coal Mine Expansion Over Emissions
QatarEnergy Secures $3 Billion Loan From Chinese Banks as LNG Exports Stall
Europe’s Fuel Squeeze Is Turning Into a Q3 Windfall for Equinor
TotalEnergies to Conserve 100,000 Hectares of U.S. Forests Through Carbon Partnership with NativState
TotalEnergies has signed an agreement with NativState, an Arkansas-based forest carbon project developer, to conserve forests threatened by land conversion and intensive timber harvesting. The partnership covers 13 Improved Forest…
ArcLight Acquires Advanced Power, Launches $5 Billion Push to Build 20+ GW of U.S. Energy Infrastructure
Representational image. Credit: Canva ArcLight Capital Partners has acquired Advanced Power, a leading U.S. power developer and manager, and committed an initial $1 billion in equity to build new power…
JKSH and NREDCAP Ink $4B Pact to Develop 3 GW Green Ammonia Facility in Andhra Pradesh
Representational image. Credit: Canva In a major development for India’s green hydrogen ambitions, JK Srivastava Hynfra (JKSH) — a joint venture between Poland’s Hynfra and the JK Srivastava Group —…
What to Watch in Oil Markets This Week
Oil prices moved higher in early Asian trade on Monday after the U.S. and EU reached a tariff agreement, averting a major trade war. The framework sets U.S. tariffs on…
UN Calls on Australia to Get Serious About Net Zero
Australia should “go for what’s smart by going big” on net zero, a senior climate change official from the UN said today, urging the country to accelerate its energy transition…
Climeworks rolls out DAC pilot project in Saudi Arabia
Swiss direct air capture specialist Climeworks has launched a live demonstration of its DAC testing unit at the KAPSARC site in Riyadh, Saudi Arabia. The project, sponsored by the Saudi…
Climeworks rolls out DAC pilot project in Saudi Arabia
Swiss direct air capture specialist Climeworks has launched a live demonstration of its DAC testing unit at the KAPSARC site in Riyadh, Saudi Arabia. The project, sponsored by the Saudi…
Doosan Fuel Cell starts mass market production with Ceres in South Korea
Doosan Fuel Cell has started mass market production of fuel cell stacks using Ceres’ solid oxide technology in South Korea. The launch is a milestone for Ceres, as Doosan is…
Energy deals worth $750bn underpin EU–US trade deal
Europe is to make “significant purchases” of US liquefied natural gas, oil and nuclear fuels totalling $750bn under a wide-ranging trade deal which was signed in Scotland yesterday. The deal…
Gevo sells first carbon credits from North Dakota CO2 storage site
Renewable chemicals company Gevo has sold its first carbon removal credits to a global financial and technology company. The carbon credits – known as CO2 removal certificates, or CORCs –…
