Keppel and Partners Acquire Full Ownership of Cleantech Renewable Assets to Accelerate Growth in Asia’s Clean Energy Market

Keppel Ltd. together with Keppel Asia Infrastructure Fund and a co-investor, has completed the acquisition of the remaining 49% stake in Cleantech Renewable Assets Pte Ltd from Shell Singapore Pte…

  • Gas
  • November 5, 2025
Element Solutions to acquire EFC Gases & Advanced Materials

Specialty chemical technology firm Element Solutions has signed a deal to acquire Massachusetts-based high-purity rare gas technologies company EFC Gases & Advanced Materials (EFC). EFC works across the semiconductor manufacturing,…

API Reports Sizeable Crude Oil Build

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a sizeable build of 6.5 million barrels in the week ending October 31. Crude oil…

Oil Prices Drift Lower as Demand Weakness Weighs on Markets

Oil prices slipped modestly in early Asian trading on Wednesday, with the West Texas Intermediate (WTI) down 0.71% to $60.13 and Brent crude trading 0.62% lower at $64.04. The subdued…

Ovintiv Makes Second Montney Acquisition in a Year

Ovintiv will take over NuVista Energy, in which it is already a shareholder, in a deal worth $2.7 billion including debt. NuVista operates in the Montney shale play in Canada.…

  • Gas
  • November 5, 2025
Carbon Clean and Samsung E&A partner on carbon capture

UK point-source carbon capture firm Carbon Clean and EPC supplier Samsung E&A have formed an alliance to deliver modular and scalable carbon capture for industries worldwide. The partnership combines Carbon…

Russia in Talks with Turkey to Maintain Gas Flows

Russia and Turkey are in talks to keep up the volumes of gas supplies from Gazprom PJSC as they negotiate the renewal of two major pipeline supply deals, according to…

Wind Power Project Faces Setback in Northern Norway

Norway is rejecting an application for an 800-MW windfarm in its northernmost county Finnmark, citing irreversible impact on the wilderness and the traditional indigenous Sami culture.    NVE, the Norwegian Water…

Libya Announces New Onshore Oil Discovery

Libya’s National Oil Corporation (NOC) said on Tuesday its wholly-owned subsidiary Arabian Gulf Oil Company (ACOGO) has made a new oil discovery in the Ghadames basin in northwestern Libya, close…

Japan’s J-Power to Close Coal Plants by 2028

Japanese power company J-Power has announced plans to close two units at a thermal coal power plant by the end of fiscal 2028 as part of its commitment to reduce…