UK Withdraws $1.1 Billion Support for Mozambique LNG Project

The UK government has decided to withdraw a $1.1-billion loan guarantee for TotalEnergies’ Mozambique LNG project as risks have increased and it is no longer in the interest of the…

BHP’s $53 Billion Takeover Bid for Anglo American Fails

BHP Group’s last offer to acquire Anglo American was for about $53 billion (£40 billion) in the late-November blitz in which the mining giant sought to derail an Anglo American-Teck…

COMMENTARY: Europe’s Drilling Comeback Challenges US Energy Pledges

By LONDON, Dec 1 (Reuters) – European countries are loosening their strict opposition to new oil and gas drilling, reversing years of climate-driven resistance to fossil fuels as governments seek…

Targa to Buy Rival Permian Pipeline Operator for $1.25 Billion

By Natural gas pipeline operator Targa Resources Corp. reached a deal to buy smaller rival Stakeholder Midstream for $1.25 billion in cash. The move expands Houston-based Targa’s ability to ship…

There’s Too Much Oil. Who Are the Winners and Losers?

Oil prices have been falling as the market faces the prospect of a growing surplus. This year is set to culminate in the first major glut since 2020. The International…

Shell and Equinor JV Launches UK’s Top North Sea Producer

Oil and gas majors Shell and Equinor have completed the transaction to combine their offshore UK oil and gas operations in a 50/50 joint venture, Adura, which will be UK’s…

Private Equity Pours $1.45 Billion Into UK Renewable Energy

UK energy company Low Carbon has raised as much as $1.45 billion (£1.1 billion) from CVC Capital Partners and other investors as private equity firms are increasingly backing renewables operations.  …

TotalEnergies Sells 40% Stake in Nigerian Offshore Project to Chevron

TotalEnergies will sell a 40% stake in two exploration licenses offshore Nigeria to Chevron, as part of an ongoing discussion of global exploration opportunities between the two companies, the French…

  • Gas
  • December 1, 2025
Norway cruise line sets sail with bioLNG

Norway cruise line Havila Voyages is powering one of its ships with 200 cubic metres of liquefied biogas (bioLNG) supplied by Barents Naturgass at Polarbase in Hammerfest. Over the course…

  • Coal
  • December 1, 2025
Data Centers and the Grid: Key Insights from POWER’s Inaugural Data Center POWER eXchange Summit

POWER breaks down the top insights from Data Center POWER eXchange, its unique one-day summit curated by POWER’s editorial team and convened to examine the collision between accelerating data center…