Asia’s LNG Imports Slump as China and India Pull Back
Tepid demand from China and lower purchases from price-sensitive buyers such as India dragged down Asia’s LNG imports in October from a year earlier, while Europe’s buying remains solid as…
BP Exceeds Profit Estimates Driven by Upstream Recovery
BP (NYSE: BP) on Tuesday reported stronger-than-expected earnings for the third quarter as higher output, field start-ups, and improved refining margins offset weaker oil prices and trading result. BP booked…
Ukraine Boosts EU Electricity Imports After Grid Attacks
Ukraine’s imports of electricity from the European Union surged to a 2025 high in October as Russia intensified attacks on the power grid to wreak additional havoc as temperatures drop.…
SM Energy, Civitas Announce $13B ‘Transformational’ Combo
SM Energy Company and Civitas Resources Inc announced, in a joint statement released Monday, a “$12.8 billion transformational combination delivering superior stockholder value”. The companies noted in the statement that…
Oil Slips on Oversupply Concerns, Stronger Dollar
(Reuters) – Oil prices fell over 1% on Tuesday as OPEC+’s decision to pause output hikes in the first quarter next year along with weak manufacturing data and a stronger…
Kimmeridge Calls for Overhaul at Coterra, Says 2021 Merger a Failure
Activist investor Kimmeridge on Tuesday called on Coterra Energy to overhaul its leadership and strategy, saying the 2021 merger of Cabot Oil & Gas and Cimarex Energy has failed to…
LNG is a “destination not transition fuel”
Rising demand for liquefied natural gas (LNG) means it is a “destination rather than transition fuel”, delegates attending ADIPEC in Abu Dhabi heard today. In a panel discussing natural gas…
Topsoe to supply technology for Texas green ammonia plant
Houston-based green fuel specialist Synergen Green Energy has contracted technology and solutions company Topsoe to supply ammonia loop technology, catalysts, and supporting equipment for its first green ammonia plant in…
Nigeria to Boost Oil Production to 2 Million Bpd by 2027
Nigeria’s national oil company is set to increase oil production to 2 million barrels daily over the next two years, its executive vice president for upstream said. By 2030, NNPC…
Atlas Copco acquires MKG in Brazil
Global compressed air and vacuum solutions specialist Atlas Copco has acquired Brazil-based process filtration solutions company MKG Equipamentos. MKG was founded in 2002 and designs, manufactures, and distributes industrial filtration…



US Loans 45.2 Million Barrels of Strategic Reserve Oil in First Batch Since Iran War
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