• Gas
  • February 18, 2025
Enagás doubles down on hydrogen with €3bn bet

Spanish gas grid operator Enagás plans to invest €4.035bn in renewable energy by 2030, with over three-quarters earmarked for hydrogen infrastructure. The move comes amid a slump in Spanish gas…

  • Gas
  • February 18, 2025
Arizona’s Senate bill 1444 advances to streamline helium exploration

Senate Bill 1444, which would streamline helium exploration in Arizona while preventing contamination of aquifers, has moved one step closer to becoming law, having passed the Senate Natural Resources Committee…

  • Gas
  • February 18, 2025
EAF steelmaking to start in Port Talbot in 2027

Port Talbot is set for a new lease of life after plans for Electric Arc Furnace steelmaking were approved today. The £1.25bn investment, which includes £500m government funding, will preserve…

US Aims to ‘Get Out of The Way’ of Oil and Gas, Says Energy Secretary

 U.S. Energy Secretary Chris Wright said on Monday his top priority was for the government to “get out of the way” of the production of oil, gas and coal, adding…

Oil Prices Extend Gains After Ukraine Drone Strike Hits Kazakh Supply

Summary Kazakhstan transit volumes could drop by 30%, says Transneft Investors watch for progress in Ukraine-Russia peace talks OPEC+ output plans also in focus (Reuters) – Oil extended gains on…

Diamondback Energy to Expand Permian Presence with $4.08 Billion Deal

(Reuters) – Oil and gas company Diamondback Energy said on Tuesday it would buy certain units of EnCap-backed energy producer Double Eagle in a cash-and-stock deal for about $4.08 billion. The…

US Energy Secretary Attacks ‘Sinister’ Net Zero Goals, Singling Out Britain

US Flag U.S. Energy Secretary Chris Wright on Monday called a pledge to achieve net zero carbon emissions by 2050 a “sinister goal”, and criticized the British government’s attempts to…

RBC, JPM Start Coverage on Venture Global With Bullish Rating on Rising LNG Demand

** JPM starts coverage with “overweight” rating and $25 PT; RBC starts coverage with “outperform” and $20 PT ** Shares of VG up at 1.88% at $16.26 premarket ** Both…

Venture Global LNG to Start Commercial Operations in April at Calcasieu Pass Louisiana Plant, Company Says

Long-term customers including Shell and BP have been notified of the start of commercial operations, the company said. Venture Global’s failure to move to commercial operations years after it started selling the…

LNG Tanker Braves the Red Sea

A liquefied natural gas carrier has braved the Red Sea for only the second time since last June after the Yemeni Houthis launched an offensive against most vessels perusing the…