• Gas
  • June 16, 2025
Cryoport completes sale of courier business to DHL for $200m

Temperature-controlled solutions company Cryoport has completed the sale of its courier business, focused on focused on clinical trials, biopharma, and cell and gene therapies, to logistics provider DHL Group. First…

OPEC Sees Solid Second-Half of 2025 for World Economy, Trims 2026 Supply

(Reuters) – OPEC said on Monday it expected the global economy to remain resilient in the second half of this year despite concerns about trade conflicts and trimmed its forecast…

Breaking Down the G7 Summit in Kananaskis, Alberta – Who’s In and Who’s Out and What’s on the Agenda

The G7 Sign in Kananaskis, Alberta, Canada The 51st G7 summit, the 57th annual meeting of the organization , is being held from 16 to 17 June 2025 in Kananaskis, Alberta, Canada. This is the…

Baker Hughes Reports Normal Operations Despite Middle East Tensions

All of Baker Hughes Middle Eastern projects are operating as normal, the oilfield services giant’s chief executive Lorenzo Simonelli has told Reuters. “Currently, all of our employees are safe, and…

Israel-Iran Attacks Escalate on Fourth Day with No End in Sight

Israel and Iran exchanged fire for the fourth consecutive day on Monday, stoking fears of an all-out war with the potential to drag in others in the oil-rich region and…

  • Gas
  • June 16, 2025
Sumitomo enters biogas sector with Danish joint venture

Denmark-based Skovgaard Energy and Sumitomo Corporation have signed a joint venture in a bid to drive e-SAF and biogas production in the Scandinavian country. Under the North Sky brand, the…

Oil Prices Surge Over 8% as Iran Retaliates With Major Missile Strike on Israel

Brent crude surged more than 8% on Friday, peaking at a 13% intraday gain, after Iran launched a wave of missile strikes on Israel in retaliation for the Israeli Air…

Oil Prices Surge as Israel and Iran Target Each Other’s Energy Infrastructure

Brent crude futures opened more than 4% higher on Sunday evening, trading above $77 per barrel, as tensions between Iran and Israel erupted into open military conflict targeting critical energy…

ADNOC Led Consortium Bids to Take Over Australian Gas Giant

Australia’s Santos has said it would accept an $18.7-billion takeover offer made by a consortium led by Emirati Adnoc, which values the company’s stock at a 28% premium to its…