Valero Energy Reports First-Quarter Loss on lower Margins, Impairment Charges

(Reuters) – Valero Energy  reported a first-quarter loss compared with a year-ago profit on Thursday, weighed down by lower refining margins and around $1 billion in impairment charges related to its…

Weak Oil Prices, Limited Shale Acreage to Hit Energy M&A in 2025, Enverus Says

Weak oil prices, limited shale acreage to hit energy M&A in 2025, Enverus says HOUSTON, April 23 (Reuters) – The U.S. upstream oil and gas M&A market is bracing for…

India Cuts LNG Buying as Prices Climb

Indian energy importers have reduced the volume of liquefied natural gas they buy from abroad as prices trend higher. Instead, they are buying more oil products, Bloomberg reported. Two energy…

European Energy Costs Plunge Following Winter Peaks

Electricity prices in Europe are falling this spring from two-year highs in the winter of 2025 as natural gas prices fall and renewable power generation jumps. Expensive natural gas in…

EU Parliament Committee Backs Softer Gas Storage Rules

The energy committee at the European Parliament supported on Thursday the EU member states’ proposal to give more flexibility to the natural gas storage goals.  The EU is seeking greater…

USA Upstream M&A Hits $17B in 1Q

In a release sent to Rigzone by the Enverus team late Tuesday, the company’s subsidiary, Enverus Intelligence Research (EIR), revealed that U.S. upstream mergers and acquisitions (M&A) hit $17 billion…

  • Gas
  • April 24, 2025
Air Liquide helium sales in China still dampened by Russia supply

Industrial gas major Air Liquide is still experiencing what it calls ‘helium headwinds’ in Asia, and particularly China, with prices in the region having softened on cheaper helium reaching the…

  • Gas
  • April 24, 2025
Air Liquide helium sales in China still dampened by Russia supply

Industrial gas major Air Liquide is still experiencing what it calls ‘helium headwinds’ in Asia, and particularly China, with prices in the region having softened on cheaper helium reaching the…

  • Gas
  • April 24, 2025
Climeworks partners with Mitsui OSK Lines in first maritime link-up

Swiss direct air capture (DAC) company Climeworks has entered a strategic partnership with Japan shipping group Mitsui OSK Lines (MOL) – its first engagement in the maritime sector. The collaboration…

Sterling And Wilson Renewable Energy Reports Strong Revenues And Solid Order Inflows In Q4 And Full FY25

Representational image. Credit: Canva Sterling and Wilson Renewable Energy Limited (SWREL), a prominent India-based renewable engineering, procurement, and construction (EPC) company, has reported exceptional financial performance for the fourth quarter…