Eni Keeps Buybacks by Cutting Capex and Costs Amid Oil Price Slide

Amid the oil price crash and macro headwinds, Eni SpA (NYSE: E) on Thursday reduced its capital expenditure plans for 2025 and vowed to cut more costs as it maintained…

Oil Prices Rebound on Hopes of U.S.-China Tariff De-escalation

Oil prices rose early on Thursday, recouping some of Wednesday’s losses, after signs emerged that there could be some tariff and trade talks between the United States and China.   As…

US Clashes With Allies on Energy Security Vision at IEA Summit

By Ed Miliband during the International Summit on the Future of Energy Security in London. Photographer: Chris J. Ratcliffe/Bloomberg At this week’s flagship international summit on energy security, the clashing…

Morgan Stanley Infra Partners Eyes $2 billion Permian Pipelines Sale, Sources Say

(Reuters) – Morgan Stanley Infrastructure Partners is exploring the sale of its majority stake in Brazos Midstream II, with a deal expected to value its holding at more than $2…

Chevron Revives Exploration Efforts in Namibia

Chevron plans to begin drilling an exploration well offshore Namibia, where several international majors have found huge oil and gas resources in recent years.  Chevron Namibia Exploration Limited considers drilling…

Weak Demand Set to Drag China’s LNG Imports Down by 20%

China continues to witness weak demand for liquefied natural gas and its LNG imports in April are estimated to be 20% lower than the volumes imported in the same month…

Indian Energy Exchange Reports Record Performance for FY25 and Q4FY25

Representational image. Credit: Canva Indian Energy Exchange (IEX) has announced its audited financial results for the financial year and fourth quarter ending March 31, 2025, delivering record volumes and robust…

  • Gas
  • April 24, 2025
Australia agrees first biomethane feed into natural gas network

It’s been a big month in Australia’s biomethane sector with the Australian Gas Infrastructure Group (AGIG) signing an agreement to connect the first biomethane project into its South Australian gas…

TRUMP’S ENERGY PRIORITY: Trump Emergency Move Aims to Cut Approval Times for Energy Projects to 28 Days

(Reuters) – The Trump administration on Wednesday said it would implement an emergency permitting process for energy and mining projects on federal lands, slashing approval times that typically take months…

Oil Regains Ground After 2% Drop on Potential OPEC+ Output Increase

Summary Potential accelerated OPEC+ output increases weighs on market Kazakhstan to prioritise national interest in oil output US-China trade war could halve China’s oil demand growth (Reuters) – Oil prices…