• Gas
  • January 16, 2026
Mitsubishi buys Aethon US gas assets for $5.2bn

Japan’s Mitsubishi Corporation has finalised a deal to buy all of Aethon’s US gas and pipeline assets, including the Haynesville reserves, for $5.2bn. It is expected to close in the…

Halliburton Looking Forward To A Swift Return To Venezuela

Oilfield services company Haliburton (NYSE:HAL) says it expects to make a quick return to Venezuela, with company CEO Jeff Miller saying the company could be active in the South American…

Russian Oil and Gas Revenue Falls to Lowest in 5 Years

Russia’s revenues from its oil and gas industry, vital to financing its war in Ukraine, dropped to a five-year low in 2025 as crude prices slumped and gas exports declined.…

US Energy Chief Says US Getting 30% Higher Price for Venezuelan Oil Than Venezuela Did Weeks Ago

U.S. Energy Secretary Chris Wright said on Thursday the U.S. is getting a 30% higher price for Venezuelan crude oil than Venezuela got before U.S. special forces captured President Nicolas…

US Shale Producers Devon Energy and Coterra Energy in Merger Talks, Sources Say

Devon Energy and Coterra Energy are exploring a potential merger, in a deal that could create one of the largest independent U.S. shale producers, people familiar with the matter said.…

China starts construction of innovative nuclear project

Xuwei Phase I was among 11 reactors approved by China’s State Council in August 2024. China National Nuclear Corporation (CNNC) plans to build two 1208 MWe (net) Hualong One units…

New York governor sets out vision for nuclear backbone

The initiative is one of more than 200 included in the newly released , which says: “As New York transitions to a zero-emission electric grid, the State must ensure reliable and…

Project Phoenix report backs SMR use in Slovakia

The Project Phoenix study, carried out by Sargent & Lundy with Slovakia’s Ministry of Economy and nuclear energy operator Slovenské elektrárne,  aimed to assess the country’s readiness and potential to host…

NASA, DOE aim for nuclear reactor on moon by 2030

NASA and the US Department of Energy (DOE) said they have recently signed a memorandum of understanding to solidify their collaboration and advance the “vision of American space superiority” set…

China Leads Global Coal Power Additions Despite Renewables Push

China continues to nearly single-handedly prop up global coal consumption and new coal-fired power generation, despite being also the world’s leading investor in renewables and battery storage.  China is set…