• Gas
  • October 30, 2025
Shell Q3 profits beat forecasts with LNG strong

Shell recorded a $5.4bn third quarter profit, beating forecasts, which was largely driven by $12.2bn in cashflow from operations. CEO Wael Sawan said strong operational delivery drove higher liquefaction volumes,…

Oil Giants Plan Production Boost

(Update) October 29, 2025, 4:36 PM GMT: Updates with companies’ reporting schedule in seventh paragraph. The world’s biggest oil companies are expected to press ahead with plans to accelerate production…

Kuwait to Invest $4 Billion in Oil Exploration by 2030

Kuwait Oil Company, the national oil firm of one of OPEC’s biggest Gulf producers, plans to invest as much as $3.9 billion (1.2 billion Kuwaiti dinars) in exploration drilling by…

Constellation, Xpansiv team up to launch emission-free energy certificate trading

The utility – which lays claim to being the USA’s largest producer of emissions-free energy, with the nation’s largest nuclear fleet – will offer emission-free energy certificates from its clean…

European Investment Bank finance for Olkiluoto upgrades

The upgrades are part of Teollisuuden Voima Oyj’s (TVO) long-term investment programme and are needed under Finnish and European Union legislation. The financing follows a EUR75 million loan agreement in April…

First decontaminated steel from Chernobyl released for reuse

Before being cleared for release the materials “were fragmented, decontaminated, and then thoroughly checked at the Free Release Facility FRM-03 using gamma-spectrometric monitoring”, Chernobyl Nuclear Power Plant (ChNPP) said. The power…

Automated control system for first Turkish unit delivered

The automated process control system (APCS) was manufactured by Rosatom Automated Control Systems Joint-Stock Company, Rosatom’s APCS and Electrical Engineering Division. The delivery consisted of 42,000 pieces of equipment weighing…

NANO progresses North American projects

NANO completed its acquisition of Global First Power on 22 October. This followed NANO’s acquisition in January of intellectual property and other rights in the USA and Canada of Ultra…

Greenland’s Jameson Land basin holds 13 Bbbl oil potential, new report finds

An independent petroleum reserves and resources evaluation has confirmed world-class hydrocarbon potential in Greenland’s Jameson Land basin, identifying more than 13 billion barrels of prospective recoverable oil resources across 58…

Tesla Eyes Internal CEO Candidates if Musk Leaves Over Pay Vote

The EV maker has a ‘range of different alternatives out there,’ including having more than one person run the company By Kara Carlson and Miguel Ambriz Tesla Inc. is prepared…