• Gas
  • March 4, 2025
Honeywell buys Sundyne in $2.16bn deal

US technology and engineering company Honeywell has agreed to buy Sundyne from private equity firm Warburg Pincus for $2.16bn in an all-cash deal which is expected to close in the…

Oil Down on OPEC+ Output Increase, Tariffs Start and US Pause on Ukraine Aid

Summary • OPEC+ to proceed with planned April oil output increase• US tariffs on Mexico, Canada took effect on Tuesday• China announces 10-15% hikes to import levies on US products…

NO TARIFFS WANTED Says Statement by U.S. Conference of Mayors on U.S. Tariffs on Canada and Mexico

WASHINGTON, March 3, 2025 /PRNewswire/ — With tariffs now  on Canadian and Mexican goods and the potential impact on the American economy, the U.S. Conference of Mayors’ (USCM) Executive Committee…

South Korea Expressed Interest in Alaska Gas Pipeline Project, Yonhap Says

South Korea, a leading fossil fuel importer, has expressed interest in participating in a $44 billion gas pipeline in Alaska in the form of a joint development between South Korea,…

Shell Overhauls Executive Team, Integrated Gas and Upstream Director to Leave

(Reuters) – Shell’s Director of Integrated Gas and Upstream, Zoe Yujnovich, will step down at the end of the month after more than a decade with the oil major, it…

Trade Wars Erupt as Trump Hits Canada, Mexico, China With Steep Tariffs, Canada Immediately Retaliates

U.S. President Donald Trump’s new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with a doubling of duties on Chinese goods to 20%, launching new…

US Natural Gas Prices Jump about 5% to 26-Month High on Record LNG Flows

Front-month gas futures for April delivery on the New York Mercantile Exchange were up 18.5 cents, or 4.5%, to $4.307 per million British thermal units (mmBtu) at 8:50 a.m. EST…

Hedge Fund Claims Clean Energy Sector Is “Dead for Now”

Hedge Fund Claims Clean Energy Sector Is “Dead for Now” | OilPrice.com `; document.write(write_html); } Breaking News: ByIrina Slav– Mar 04, 2025, 1:24 AM CST There is currently no money…

OMV and ADNOC Strike Deal to Create New Chemicals Giant

OMV and ADNOC Strike Deal to Create New Chemicals Giant | OilPrice.com `; document.write(write_html); } Breaking News: ByIrina Slav– Mar 04, 2025, 2:41 AM CST Austria’s OMV and Abu Dhabi’s…

U.S. Pauses All Military Aid to Ukraine

The White House has suspended all military aid to the Ukrainian government following the Friday spat between the two heads of state, media have reported, citing unnamed sources close to…