European Asset Manager Sells All Its Exxon Shares Over Climate Goals

A $570-billion German asset manager has sold all its shares in ExxonMobil as it has found the U.S. supermajor doesn’t have strong enough climate targets, a senior executive told the…

  • Gas
  • June 2, 2025
Indian Oil puts a cost to green hydrogen plant at northwest India refinery

The Indian Oil Corporation has finalised the cost estimate for its planned green hydrogen production plant at its Panipat Refinery and Petrochemical Complex in northwestern India. The plant is slated…

Delta Strengthens Climate Commitment With Strategic Renewable Energy Agreement Aimed At Accelerating Net-Zero Transition

Delta Electronics India, a leading provider of energy and power management solutions, has taken a significant step toward decarbonizing its operations by signing a long-term Power Purchase Agreement (PPA) focused…

  • Gas
  • June 2, 2025
Gas tech firm MSA Safety makes $200m acquisition

Global safety equipment and solutions provider MSA Safety has acquired German gas analysis technology company M&C TechGroup in a deal worth approximately $200m. The acquisition, completed on 7 May, is…

AM Green Partners with Rotterdam to Export 1 Million Tons of Green Fuels Annually

Gautam Reddy, CEO, AM Green Ammonia with Boudewijn Siemons, CEO, Port of Rotterdam during the MoU signing AM Green and the Port of Rotterdam Authority have signed a Memorandum of…

  • Gas
  • June 2, 2025
Hazer Group to advance hydrogen methane pyrolysis project in Japan

Australia’s Hazer Group is to develop a clean hydrogen and graphite project in Nagoya, Japan, using methane pyrolysis. Integrating with Chubu Electric’s LNG supply chain and infrastructure and Japanese utility…

OPEC+ Countries to ‘Implement Production Adjustment’ of 411K Bpd in July

A statement posted on OPEC’s website on Saturday announced that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman “will implement a production adjustment of 411,000 barrels per day”…

EOG Drops $5.6B on Big Bet on the Utica

EOG Resources is making a bold northeast push, announcing Friday it will acquire privately held Encino Acquisition Partners for $5.6 billion, including debt. The move positions EOG as a dominant…

EIA Paints Bearish Picture for Oil Market With Record Supply, Low Demand

U.S. crude oil production surged to an all-time high in March, reaching 13.488 million barrels per day, according to newly released monthly EIA data. That edges out the previous monthly…

  • Gas
  • June 2, 2025
US pulls $3bn in funding from 24 clean energy projects

Over $3bn of funding for 24 clean energy projects, mostly related to carbon capture efforts, has been axed by the US government. According to Reuters and Bloomberg, ExxonMobil’s Baytown project…