• Gas
  • April 11, 2025
Abu Dhabi firm enters US gas market with SoTex HoldCo investment

Abu Dhabi sovereign investment firm Mubadala Energy has bought a 24.1% stake in Kimmeridge’s SoTex HoldCo, which owns Kimmeridge Texas Gas and Commonwealth LNG – marking its first major investment…

  • Gas
  • April 11, 2025
UK ocean carbon capture trial scrapped over viability concerns

A controversial ocean carbon capture experiment in St Ives Bay, Cornwall, in the UK has been cancelled by the company involved as commercially unviable. Planetary Technologies, a Canadian firm, had…

Energiequelle Unveils Finland’s First Hydrogen Project, Marking Major Milestone In Clean Energy

Energiequelle has received planning consent for its Oulu Green Hydrogen Park project in Finland. This development marks the company’s first public hydrogen project in the country. The project is set…

OPEC Output Hikes, Trade Wars Have US Oil Producers Wary of ‘Drill Baby Drill’

Summary Oil at $55 a barrel, down from $78 before Trump inauguration US oil rig count expected to drop if crude stays below $60 Tariffs will hike costs for steel…

US Energy Secretary Says We Can Stop Iran’s Oil Exports

U.S. Secretary of Energy Chris Wright speaks to the media, outside of the West Wing of the White House, in Washington, D.C., U.S., March 19, 2025. REUTERS/Kent Nishimura/File Photo April…

Ten Trading Days That Shook Financial Markets

Grim Financial Markets The pain, said Shuntaro Takeuchi, was 10 out of 10. Not in the portfolio of Japanese stocks he runs out of Palo Alto, California, but in his…

Trump Admin Boosts Gulf Oil and Gas Reserves Estimate

The U.S. Department of the Interior has revised upwards the oil and gas reserves contained in the U.S. section of the Gulf of Mexico, which the Trump administration renamed the…

Oil Prices Are on Course for Another Weekly Slump

Crude oil prices were on track to book their second consecutive weekly loss as markets reel from Trump’s tariff offensive, although they stabilized somewhat after the U.S. president announced a…

USA Crude Oil Inventories Rise by 2.6MM Barrels WoW

U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), increased by 2.6 million barrels from the week ending March 28 to the week ending April 4,…

  • Gas
  • April 11, 2025
Mitsubishi begins hydrogen-based iron manufacture demo

Japan’s Mitsubishi Corporation is participating in a demonstration project for the development of a hydrogen-based fluidised bed fine ore reduction (HYFOR) process and electric smelting furnace in partnership with Mitsubishi-owned,…