Oil-Rich University of Texas Wants to Cash In on AI, Crypto and Power

The system—with an endowment second only to Harvard’s—is diversifying into wind and solar energy at a fraught time for renewables. By A crypto data center in Pyote, Texas, on land…

EU Set to Allow More Flexible Natural Gas Storage Targets

Negotiators from the European Parliament and the EU member states have provisionally agreed to ease the bloc’s natural gas storage targets by allowing a 10 percentage point deviation in the…

Shell Set to Add 12 Million Tons of LNG Capacity by 2030

Shell expects to add 12 million tons of LNG capacity volumes by the end of the decade from projects currently under construction, a top executive at the world’s largest LNG…

  • Gas
  • June 11, 2025
Energy partners trial diesel generator carbon capture in Western Australia

Energy company Horizon Power has completed a three-month trial of carbon capture, utilisation and storage (CCUS) technology for diesel generators, in partnership with Melbourne-based start-up Kapture. The pilot, conducted in…

OPEC Chief Claims Oil Demand Growth Is Here to Stay

Crude oil demand will continue growing over the coming decades as the world’s population increases, the secretary-general of OPEC, Haitham Al Ghais, said this week, predicting a 24% cumulative rise…

German Startup Raises Record Funds to Advance Nuclear Fusion

Germany-based start-up Proxima Fusion on Wednesday announced the close of a $150 million financing, the largest private fusion investment round in Europe, as companies are looking to finally achieve the…

Hot Asian Summer Could Further Boost U.S. LNG Exports

Asia’s currently tepid LNG demand is set to become robust during the summer months as models suggest higher-than-usual temperatures across north Asia. A rise in Asian demand will support increased…

CleanChoice Energy Enters New York With First Two Solar Projects, Expanding Its Clean Energy Footprint In The Region

Representational image. Credit: Canva CleanChoice Energy, the first fully green energy company in the U.S. to integrate solar power generation and clean energy supply under one roof, has announced the…

  • Gas
  • June 11, 2025
UK backs Acorn and Viking CCS projects in Spending Review

The UK Government has formally announced its backing for two major carbon capture and storage (CCS) projects that could collectively capture and store over 15 million tonnes of carbon dioxide…

  • Gas
  • June 11, 2025
UK backs Acorn and Viking CCS projects in Spending Review

The UK Government has formally announced its backing for two major carbon capture and storage (CCS) projects that could collectively capture and store over 15 million tonnes of carbon dioxide…