Tariff Uncertainty Forces Engie to Reassess American Energy Ventures

French energy giant Engie has started to slow down approvals for new renewable energy projects in the United States, due to heightened uncertainty about supply chain costs amid the tariff…

Top Japanese Refiners Step Back From Low-Carbon Investments

Japan’s biggest oil refiners are following the latest trend among Big Oil to return to focus on fossil fuel supply. The top oil refiners in Japan have recently announced lower…

Eni In Talks to Sell 20% of Its $13-Billion Low Carbon Unit Plenitude

Eni has launched exclusive talks with investment fund Ares Alternative Credit Management to potentially sell 20% in its low-carbon energy business Plenitude, which has an enterprise value of over $13.4…

IEA Sees Oil Demand Growth Slowing on Economic Headwinds

Economic headwinds and record electric vehicle sales are set to materially slow down global oil demand growth for the rest of the year, the International Energy Agency (IEA) said on…

  • Gas
  • May 15, 2025
BCGA event: Small-scale hydrogen ‘could cut construction emissions’

The opening morning of the British Compressed Gases Association annual conference shone the spotlight on construction, which is a sector that remains central to decarbonisation. On stage at the Worsley…

  • Gas
  • May 15, 2025
BCGA panel flies the flag for global cooperation and partnership

The British Compressed Gases Association annual conference had a distinctly international flavour in Manchester today. The opening panel discussion featured Rich Gottwald, President and CEO of the [US] Compressed Gases…

  • Gas
  • May 15, 2025
BCGA event: UK vulnerable on CO2 ‘as policy holds back biogenic potential’

The UK is becoming increasingly reliant on imported carbon dioxide, leaving the industrial gases sector vulnerable. In part that is because homegrown biogenic CO2 sources remain underutilised due to policy…

Oil Slides 3% on Expectations for US-Iran Nuclear Deal

Summary Trump says US close to securing Iran nuclear deal US crude stockpiles rose last week IEA slightly upgrades 2025 oil demand growth forecast (Reuters) – Oil prices fell by…

Saudi Oil Price War Looks Like Unspoken Gift to Trump

Saudi Crown Prince Mohammed Bin Salman speaks with U.S. President Donald Trump on the day of the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Summary OPEC+ strategy…

IEA Predicts Slower Oil Demand Growth for the Rest of 2025, Met with Jump in Supply

Summary IEA adjusts 2025 global demand growth forecast higher by 20,000 bpd IEA hiked 2025 global supply growth forecast by 380,000 bpd IEA sees lower oil prices hitting U.S. shale…