Chevron Makes First Foray Into Lithium With Smackover Deals

By Chevron Corp. made its first foray into lithium with two acreage deals in northeast Texas and southwest Arkansas aimed at building a domestic “commercial scale” business. Get the Latest…

World’s Top Oil Trader Sees Lower U.S. Output in 2025

U.S. oil production is set for a slight drop this year amid weaker prices, the chief executive of the world’s largest independent oil trader, Vitol Group, said on Tuesday.  “With…

China Continues to Stockpile Crude Oil

China’s crude oil stockpiles likely grew at an elevated rate for the third consecutive month in May, which could allow Beijing to purchase lower volumes over the next weeks amid…

Banks Boost Fossil Fuel Financing for The First Time since 2021

The world’s biggest banks raised their combined financing for fossil fuels by more than one-fifth last year, bucking a falling trend since 2021 amid a backlash against net-zero policies, especially…

  • Gas
  • June 17, 2025
Russia LNG checks to rise as EU gets tough

The European Commission has set out legislation to phase out Russian gas by the end of 2027 and will step up tracing and monitoring to minimise circumvention with liquefied natural…

  • Gas
  • June 17, 2025
New Zealand utility moves on biomethane after positive studies

New Zealand North Island energy distributor Powerco has completed two feasibility investigations into upgrading biogas to biomethane for use in its gas network. In April 2024, Powerco launched initiatives with…

Oil Prices Rise as Iran-Israel Conflict Escalates

Summary Brent and WTI benchmarks up more than 2% War risk continues to underpin market IEA global oil supply forecast revised upwards (Reuters) – Oil prices were driven higher on…

SolarBank Advances Nova Scotia’s Green Energy Plans With New 2.4 MW Solar Power Project In Sydney

Representational image. Credit: Canva SolarBank Corporation, a North American energy infrastructure developer and asset owner, has announced plans to develop a 2.4 MW DC ground-mounted community solar power project in…

Oil Prices Up 2% as Israel-Iran Conflict Intensifies

Crude oil prices are flat in early trading in the absence of news that oil supply from the Middle East has suffered from the hostilities between Israel and Iran. Prices…

Iraq’s May Oil Exports to U.S. Surge Past 5 Million Barrels

Iraq’s crude oil exports to the United States surged past 5 million barrels in May, marking Baghdad’s highest monthly volume to U.S. refiners so far this year, according to Iraqi…