Lightning Strike Disrupts Gas Supply to Freeport LNG

Gulf South Pipeline Company has suspended gas deliveries to Freeport LNG after a lightning strike that damaged its pipeline, Reuters reported today, citing the company. There was no announcement regarding…

Venezuela Rations Energy With Shorter Work Days

The Venezuelan government has reduced the work week for public servants in the country in a bid to reduce energy consumption amid a weather-related supply crunch, Bloomberg has reported, citing…

UK Could Cover Half of Its Energy Needs With Local Oil and Gas

The UK could produce about half of the energy it consumes locally, in the North Sea, the energy industry association, Offshore Energies, said this week, as quoted by the Financial…

Scatec Signs 25-Year PPA for 120 MW Solar Plant in Tunisia, Partnering with Aeolus

Representational image. Credit: Canva Scatec ASA, a leading provider of renewable energy solutions, has signed a 25-year Power Purchase Agreement (PPA) with the Tunisian state utility, Société Tunisienne de l’Electricité…

Oil Rises for Fifth Day on Supply Concerns After Venezuela Tariffs

• Brent and WTI up 0.4% after gaining 1% on Trump tariffs• Trump says any country buying Venezuelan oil will face a 25% tariff• OPEC+ likely to raise oil output…

Goldman Sachs Expects Non-OPEC+ Production Growth to Slow With Decline in Brent Prices

The Wall Street bank estimates 2026 non-OPEC+ supply growth to decrease from 1.05 mb/d to 0.6 mb/d with 2026 Brent prices at $60 per barrel, and another 0.1 mb/d decline…

Stratas Advisors Thinks Brent Will Move Higher This Week

In a Stratas Advisors report sent to Rigzone by the Stratas team late Monday, the company revealed that, “for the upcoming week”, it thinks the price of Brent crude “will move…

  • Gas
  • March 25, 2025
Germany’s TÜV SÜD to operate new hydrogen test hub in Scotland

A new green hydrogen test facility is set to be developed in Aberdeen, Scotland. German-headquartered certification and testing firm TÜV SÜD has been appointed operator under a collaboration agreement with…

Trump: 25% Tariff On Anyone Who Buys Venezuelan Oil & Gas

U.S. President Donald Trump has announced that any country that buys oil or gas from Venezuela will pay a 25% secondary tariff on trades with the United States, Reuters reported…

Indian Refineries Slashing Spot Tenders as Russian Oil Flows Back

Indian refiners will issue fewer tenders for the purchase of crude oil on the spot market in the coming month as Russian supplies bounce back, Reuters has reported. Previously, Bharat…