• Gas
  • December 5, 2025
UMC and Polar Semiconductor tie up to scale US chip production

Global semiconductor foundry United Microelectronics Corporation (UMC) and US-based Polar Semiconductor are to collaborate on delivering scalable eight-inch production of wafers for use across automotive, data center, consumer electronics, and…

Oil Tanker Rates Skyrocket by 467% Amid Shipping Chaos

The daily rates for chartering a vessel to transport commodities have surged this year, with oil tanker rates skyrocketing by 467%, as shippers of a growing commodity supply are grappling…

U.S. Waiver Lets Lukoil Stations Abroad Keep Operating Despite Sanctions

The Treasury Department has quietly issued an exception to its own Russian sanctions list, allowing transactions with Lukoil-branded gas stations that are outside Russia through April 29, 2026. On paper,…

US Extends Reprieve for Lukoil Fuel Stations Outside Russia

The Trump administration extended a waiver for Lukoil PJSC’s gas stations outside of Russia, allowing them to continue operations until late April 2026.  The measure by the US Treasury Department’s…

  • Gas
  • December 5, 2025
Gorgon Stage 3 reaches financial close

Chevron Australia and the Gorgon Joint Venture Participants have taken a final investment decision (FID) on the Gorgon Stage 3 LNG development off the northwest coast of Western Australia. The…

US Congress Repeals Biden-Era Limits on Oil and Gas in Alaska Refuge

Congressional lawmakers on Thursday voted to repeal a Biden-era policy that limited the amount of land in an Alaska wildlife refuge that could be leased for oil and gas development.…

US Natural Gas Futures Edge Up to 35-Month High on Cold Snap and Near-Record LNG Export Flows

(Reuters) – U.S. natural gas futures edged up about 1% to a 35-month high on near-record flows of gas to liquefied natural gas (LNG) export plants and as extreme cold…

UK’s new nuclear ambitions ‘have only just begun’

“The work we are doing to drive forward Hinkley Point C, Sizewell C and our SMR programme will together bring more nuclear capacity onto the grid than in the last…

Brazilian development bank gauges consultancy interest in uranium expansion

State-owned Indústrias Nucleares do Brasil (INB) launched the Pró-Urânio programme in 2024 “with the aim of expanding and accelerating the exploration of new deposits, and which will involve BNDES (Brazilian…

First nuclear fuel delivered for Kudankulam unit 3

The fuel assemblies, manufactured in Russia at the Novosibirsk Chemical Concentrates Plant, for the VVER-1000 reactor, were flown by cargo plane. In total seven flights will be required to deliver…