• Gas
  • May 29, 2025
Helix targets US investors with listing on venture market

Helium development firm Helix Exploration is targeting US investors by listing on the OTCQB venture market from today [29 May]. Shares will trade under ‘HHEXF’, complementing its listing on the…

Saudi Aramco to Keep Tapping Debt Market After $5-Billion Bond Sale

Saudi Aramco plans to continue tapping the debt markets for more borrowings to fund growth, CEO Amin Nasser told Bloomberg TV after the world’s biggest oil firm issued a three-part…

Shell Boost Stake in Nigerian Deepwater as TotalEnergies Exits Bonga Oilfield

Shell will buy TotalEnergies’ 12.5% non-operated stake in the deepwater oilfield Bonga offshore Nigeria, where the UK-based supermajor plans to develop another major project. Shell’s subsidiary operating the Bonga oilfield,…

Japanese Utility Set to Sign LNG Supply Deal From U.S. Lake Charles Project

Kyushu Electric Power will sign a 20-year supply agreement to receive LNG from Energy Transfer’s Lake Charles export facility if its development proceeds as planned. The supply deal will be…

  • Gas
  • May 29, 2025
Podcast: What we learned from results season

There was a mixed picture in the late April and early May financial results from the industrial gas majors – but what united them was the need to focus on…

GE Vernova Lands Major Turbine Deal for Saudi Arabia’s 3 GW Qurayyah Power Project

Representational image. Credit: Canva GE Vernova announced it has received an order for five 7H-Class gas turbines—three 7HA.03 and two 7HA.02 units—for the Qurayyah Independent Power Plant (IPP) Expansion Project…

Texas Energy Leaders Unite for 120 MW Grid-Strengthening Battery Storage Project

Representational image. Credit: Canva Texas-based OCI Energy LLC, CPS Energy, and LG Energy Solution Vertech, the U.S. energy storage division of LG Energy Solution, have signed a Memorandum of Understanding…

Chevron to Cut Nearly 800 Jobs in Texas

The job cuts will be in Midland County, where Chevron has large operations in the Permian Basin, the top U.S. oilfield. The layoff date is July 15, according to the…

Oil Prices Climb as US Court Blocks Trump Tariffs

Brent crude futures climbed 78 cents, or 1.2%, to $65.68 a barrel. U.S. West Texas Intermediate crude advanced by 78 cents, or 1.3%, to $62.62 a barrel at 0405 GMT.…

DOWN BUT NOT OUT: OPEC Must Squeeze US Shale Much More to Win Oil Price War

(The opinions expressed here are those of the author, a columnist for Reuters.)*US drillers slow down operations following oil price drop *US oil output growth set to slow in 2025…