Ørsted Posts Massive $262 Million Q3 Loss As Offshore Challenges Mount

Ørsted, the world’s largest offshore wind developer, reported on Wednesday a loss for the third quarter amid soaring impairment charges as the offshore wind industry faces backlash in the United…

ADNOC: Oil Demand to Remain Above 100 Million Barrels Past 2040

Global oil demand will continue to grow in the coming decades and remain above 100 million barrels per day (bpd) in 2040 and beyond, ADNOC’s Upstream CEO Musabbeh Al Kaabi…

  • Gas
  • November 5, 2025
Portable gas safety tech on show at German trade fair

US-based MSA Safety will this week showcase its multi-gas detector technology at the A+A International Trade Fair & Congress in Düsseldorf, Germany. It will be the first time the six-gas…

  • Gas
  • November 5, 2025
Portable gas safety tech on show at German trade fair

US-based MSA Safety will this week showcase its multi-gas detector technology at the A+A International Trade Fair & Congress in Düsseldorf, Germany. It will be the first time the six-gas…

  • Gas
  • November 5, 2025
Green hydrogen with smart system powers Australia cotton project

Australian hydrogen developer Hiringa Energy has received US-made solar power technology that will help supply renewable energy to its low-carbon cotton project in New South Wales. Once installed the new…

Oil Steady Amid Weak Economic Data, Equity Markets

Summary Weaker data in the US, China fuel demand concerns Russia suspends fuel exports at Black Sea refinery US dollar index holds at three-month high (Reuters) – Oil prices were…

Australia’s Woodside Bets Big on LNG Boom With 2032 Growth Plan

Australia’s Woodside Energy expects its sales of crude oil and natural gas to rise by some 50% by 2032, driven by growing demand for energy, especially in Asia. Growing at…

Germany Burns More Gas as Renewables Falter Ahead of Winter

Germany is generating electricity from gas-fired power plants at the highest rate since 2021, slowing EU-wide efforts to refill gas storage ahead of peak demand season. Reuters’ Gavin Maguire reports…

Iraq Cancels Lukoil Cargoes as U.S. Sanctions Bite

Iraq’s state oil marketing company SOMO has canceled three crude loadings from Russia’s Lukoil this month after the U.S. sanctioned the second-biggest Russian oil producer last month, market sources have…

  • Gas
  • November 5, 2025
Analysis: How AI is changing industry and energy

With its deep pockets and vaulting ambition, the UAE is rarely behind the curve when it comes to global trends. In tune with that, this week’s Adipec exhibition may well…