Trump’s Energy Department Unveils Broad Rule Changes Aimed at Cutting Red Tape

(Reuters) – The U.S. Department of Energy on Monday proposed to eliminate or change more than 40 regulations and programs to align them with President Donald Trump’s efforts to relax…

NRG Energy to Buy $12 Billion Worth of Assets Amid Power Demand Supercycle

NRG Energy will buy a portfolio of gas-fired power generation facilities valued at $12 billion from LS Power Equity Advisors, as the Houston-based firm bets on the growing U.S. electricity…

Blackstone Is in Talks for New Mexico Utility Owner TXNM

By , , and Blackstone Inc. is in talks to acquire TXNM Energy Inc., the owner of New Mexico’s largest utility, according to people familiar with the matter. The private…

California Drivers Are Paying Up as Refineries Disappear

Governor Gavin Newsom’s latest outreach to the Golden State’s oil companies may be too late to arrest a steady decline in gasoline production. By Californians are accustomed to paying the…

US House Budget Bill Seeks More Than $1.5 Billion for Strategic Petroleum Reserve

A U.S. House committee released a budget proposal that includes more than $1.5 billion to replenish and maintain the Strategic Petroleum Reserve, and cancels a congressionally mandated sale, following huge…

Morgan Stanley Predicts Slump in Big Oil Profits

Earnings at the biggest international oil companies are set to slump later this year and in 2026, threatening the pace of buybacks, as a substantial oil market surplus would weigh…

Egypt to Boost LNG Imports as Soaring Demand Outpaces Local Supply

State firm Egyptian Natural Gas Holding Company (EGAS) has signed a 10-year agreement with Hoegh Evi to have it deploy a floating LNG import unit near Alexandria on the Mediterranean,…

China Bolsters Export Controls on Critical Minerals

China is bolstering export controls on the entire supply chain of critical minerals as it seeks to keep its dominant position in the sector. China’s relevant authorities will track the…

  • Gas
  • May 12, 2025
Korea pilot project will turn steel emissions into syngas

South Korean steel manufacturer Posco Holdings and chemical company LG Chem are to pilot carbon capture and utilisation technology that converts CO2 from steelmaking into synthetic gas for reuse in…

  • Gas
  • May 12, 2025
BASF produces green ammonia from Germany plant

Chemical giant BASF has begun producing green ammonia at its Verbund site in Ludwigshafen. The company is producing two new renewable ammonia grades – renewable ammonia and renewable ammonia solution…