Renewables Hit Record 58% Share of Germany’s Power Consumption

Renewable energy accounted for a record-high 58% of Germany’s electricity consumption in the first half of 2026, up from 55.8% for the same period last year, the latest estimates by…

Oil Falls Over 1% as Markets Await Outcome of Iran-US Talks, US Stocks Data

Tehran says U.S. team to meet mediators in Doha, not with Iranian officials U.S. crude inventories fell by 6.1 million barrels last week, API data showed July 1 (Reuters) –…

South Bow, Bridger to Develop New Oil Pipeline From Wyoming to Cushing, Oklahoma

Canada’s South Bow and U.S.-based Bridger Pipeline plan to jointly develop a new oil pipeline from Guernsey, Wyoming, to Cushing, Oklahoma, the companies told Reuters on Tuesday. The project will…

  • Gas
  • July 1, 2026
UK waste-to-energy carbon capture project advances

By 26 min ago 3 min read A UK waste-to-energy carbon capture project has moved a step closer to construction after engineering consultancy Afry secured a design contract for the…

  • Gas
  • July 1, 2026
Resonac adds second specialty gas production site as AI grows

By 31 min ago 2 min read Japan’s Resonac is expanding production of high-purity hydrogen fluoride gas used in semiconductor manufacturing as AI investment and hyperscale data centre expansion drive…

  • Gas
  • July 1, 2026
Nippon Sanso deepens Hysytech partnership through investment

By 43 min ago 2 min read European industrial and medical gases company Nippon Sanso has expanded its investment in Italy-based engineering company Hysytech, bringing the business into its On-Site…

Oil Prices Reflect Optimism That Hormuz Has Yet to Justify

Crude oil prices ended the second quarter of the year with the steepest decline since 2020, with Brent shedding close to 40% on optimism about a peace deal between the…

Shell Offloads 50% Stake in Na Kika Platform for $1.7 Billion

Shell has struck a deal to sell a 50% stake in the Na Kika oil platform and related assets to Talos Energy and Ridgewood Energy, with the price tag at…

America Bets $50 Billion on Coal and Gas Power as Electricity Demand Soars

U.S. companies are set to spend some $50 billion on power generation from coal and natural gas this year, the International Energy Agency has said, as quoted by the Financial…

Goldman Sachs Warns Oil Inventory Rebuild Won’t Prevent 2027 Supply Glut

The coming global race to rebuild depleted oil inventories will not be enough to offset a massive glut that’s coming to the market next year, as traffic through the Strait…