Iberdrola Raises Quarterly Revenue to $14.6 Billion

Iberdrola SA has reported EUR 12.86 billion ($14.62 billion) in revenue for the first quarter (Q1), up 1.5 percent from the same three-month period last year. However, net profit fell…

  • Gas
  • May 7, 2025
Video | Challenges and considerations when storing hydrogen and ammonia

James Watt, Hydrogen and Carbon Capture Consultant at WSP, discusses what the key considerations to take are when storing hydrogen or ammonia, on gasworld’s Hydrogen & Ammonia: Cracking the Future…

B.Grimm Power Showcases Sustainable Vision at IGNITE Thailand-Korea Business Forum 2025

Representational image. Credit: Canva B.Grimm Power marked a significant milestone at the IGNITE Thailand-Korea Business Forum 2025 in Seoul, as Chairman Dr. Harald Link presented the company’s guiding philosophy, “Doing…

  • Gas
  • May 7, 2025
Europe sets out new Russian gas restrictions

Europe is to stop new contracts with suppliers of Russian gas (pipeline and LNG) and existing spot contracts will cease by the end of 2025. The measures aim to ensure that…

  • Gas
  • May 7, 2025
Elcogen and Casale team up on green ammonia and Power-to-X projects

Finnish technology manufacturer Elcogen and integrated Swiss engineering firm Casale are teaming up on prospective green ammonia and Power-to-X (P2X) projects. Under a memorandum of understanding, Elcogen will explore integrating…

EU and Saudi Arabia Unite for a Resilient Energy Future: Bridging Policy and Practice for Sustainable Growth

Representational image. Credit: Canva The King Abdullah Petroleum Studies and Research Center (KAPSARC), in collaboration with the Delegation of the European Union (EU) to the Kingdom of Saudi Arabia, hosted…

  • Gas
  • May 7, 2025
Air Products eyes cash flow recovery after restructure and write-downs

After a bruising second quarter that saw Air Products plunge to a , the industrial gas major is now betting on a return to financial stability, outlining plans to become…

Why Is the Oil Price Rising?

Tuesday May 06, 2025 – Rigzone talks to Tamas Varga, an analyst at PVM Oil Associates, and Rebecca Babin, a senior equity trader for CIBC Private Wealth in New York. 

US Natgas Prices Fall on Market Talk That Freeport LNG Export Plant in Texas Shut

(Reuters) – U.S. natural gas futures prices declined on Tuesday on market talk that U.S. liquefied natural gas company Freeport LNG’s export plant in Texas is shut. Officials at Freeport…

Marathon Petroleum Sinks to Q1 Loss Amid Low Refining Margins

Marathon Petroleum (NYSE: MPC), the biggest U.S. refiner by volumes, on Tuesday reported a loss for the first quarter as weak refining margins continued to depress profits and high turnaround…