Early Winter Ice Halts Arctic LNG Deliveries to China

Sanctioned LNG vessels carrying liquefied natural gas from Russia’s sanctioned Arctic LNG 2 project are running into early winter ice on the Northern Sea Route and deliveries to China from…

Eni and Petronas Forge Major Southeast Asia Upstream Joint Venture

Italy’s energy giant Eni and Malaysian state oil and gas firm Petronas are combining their upstream assets in Indonesia and Malaysia in a new, equally-owned joint venture, the Italian company…

  • Gas
  • November 3, 2025
Plug Power to supply 2GW of electrolysers for Uzbekistan eSAF

US-based hydrogen solutions provider Plug Power will deliver up to 2GW of its electrolyser systems to support development of sustainable aviation fuel, eSAF, and green diesel by Australian firm Allied…

  • Gas
  • November 3, 2025
Europe to invest €2.9bn in industrial carbon reduction projects

The European Commission is to invest €2.9bn in funding 61 carbon reduction projects. The funding will come from the Innovation Fund, using up to €40bn in revenues from the EU…

OPEC+ 8 Decide to Implement Output Adjustment

A statement posted on OPEC’s website on Sunday revealed that Saudi Arabia, Russia, Iraq, the United Arab Emirates (UAE), Kuwait, Kazakhstan, Algeria, and Oman “decided to implement a production adjustment…

  • Gas
  • November 3, 2025
Industry wary of CO2 supply not matching evolving demand

About half the industrial gas industry sees a risk of carbon dioxide supply becoming too stretched over the next decade, as demand arising from new uses grows and supply is…

Exxon and Chevron Cut Divergent Paths as Global Oil Glut Looms

By North America’s two dominant oil companies are carving divergent paths as the global crude market staggers toward what’s widely expected to be a hefty supply glut. Exxon Mobil Corp.…

Oil Prices Steady Despite OPEC+ Plans to Pause Output Increases

Summary OPEC+ agrees to small output increase in December Plans to pause production increases in the new year Russia’s Tuapse port hit by Ukraine drone attack Supply outlook and Asian…

Indian Refining Giant Switches From Russian to Emirati Crude

Bharat Petroleum, one of the largest refiners in India, has bought a cargo of Emirati Upper Zakum crude, as it seeks alternatives to Russian oil, Reuters has reported, citing unnamed…

Chinese Oil Buyers Reduce Russian Purchases

Chinese refiners are canceling Russian oil cargos and adopting a wait-and-see attitude after the latest U.S. sanctions on Russia’s oil industry. Bloomberg reports, citing traders, that state-owned majors including Sinopec…