Chevron-led Venture Makes Oil Discovery Offshore Nigeria

A joint venture operated by U.S. supermajor Chevron has made an oil and gas discovery offshore Nigeria as international majors bolster exploration amid the top African producer’s efforts to boost…

When the US Freezes, the Global LNG Market Catches a Cold

A view of the Freeport LNG facility in Quintana, Texas, U.S., June 23, 2025. REUTERS/Joel Angel Juarez  (Reuters) – An Arctic blast sweeping across the U.S. Northeast and Midwest has triggered a…

US Natural Gas Jumps Almost 20% as Arctic Blast Takes Hold

US natural gas jumped by almost 20% as freezing weather swept across much of the country, boosting heating demand and disrupting supplies. Get the Latest US Focused Energy News Delivered…

  • Gas
  • January 26, 2026
UK and Europe ports agree to study CCS, shipping and infrastructure

UK and European ports are to study the potential of carbon capture and storage shipping corridors between the UK and continental Europe. Two memoranda of understanding have been signed involving…

China Opens Lithium Market to Overseas Investors

China will open up futures markets for 14 commodities, including lithium carbonate and nickel, to foreign investors, Bloomberg reported today, citing a statement by the China Securities Regulatory Commission. The…

European Countries Pledge 100 GW of Interconnected Wind Capacity

A dozen European countries made a pledge today to build 100 GW of new wind power capacity as a means of reducing the consumption of oil and gas. For the…

India Bets on Cheaper LNG

India is in no hurry to sign long-term LNG delivery deals as the country’s price-sensitive buyers stall talks and wait for the coming supply glut to pressure sellers into agreeing…

  • Gas
  • January 26, 2026
Repsol approves 100MW green hydrogen plant

Madrid-based integrated energy firm Repsol will build a 100MW green hydrogen plant to supply its Bilbao refinery, after securing funds from the country’s recovery and resilience plan. Expected to be…

  • Gas
  • January 26, 2026
EU approves Russia gas ban by late 2027

EU countries have given their approval to ban Russian gas imports by late 2027, four years after the invasion of Ukraine. Countries approved the law in Brussels although Slovakia and…

Oil Prices Rise as Harsh Winter Disrupts US Output

Summary US winter storm disrupts crude production Geopolitical tensions with Iran add to market uncertainty Kazakhstan’s Caspian Pipeline resumes full capacity after maintenance (Reuters) – Oil prices edged higher on…