EU Members Remain Deeply Divided Over 2040 Climate Targets

The EU summit this week is debating how to bridge the divide within the bloc regarding interim 2040 emission-reduction targets as the European Union insists on becoming a net-zero area…

  • Gas
  • October 23, 2025
Gulf Cryo starts first carbon capture facility in UAE

Dubai-based Gulf Cryo has opened the first high-purity carbon capture facility in the UAE. Developed in partnership with RAK Ceramics in the northern emirate of Ras Al Khaimah, the plant…

  • Gas
  • October 23, 2025
Gulf Cryo starts first carbon capture facility in UAE

Dubai-based Gulf Cryo has opened the first high-purity carbon capture facility in the UAE. Developed in partnership with RAK Ceramics in the northern emirate of Ras Al Khaimah, the plant…

  • Gas
  • October 23, 2025
EU carbon storage ‘won’t hit 2030 target,’ says Wood Mackenzie

The EU’s ambitious carbon storage targets – set in mid-2024 under the Net Zero Industry Act (NZIA) – face a significant shortfall, according to new analysis from research consultancy Wood…

Williams Pumps $1.9 Billion into Woodside’s Louisiana LNG Venture

U.S.-based Williams will spend $1.9 billion on the development of LNG facilities and a pipeline for Australian gas producer Woodside Energy’s $17.5 billion liquefied natural gas project in Louisiana, the…

Fresh USA Sanctions Reignite Strong Upside Momentum in Oil

In a Skandinaviska Enskilda Banken AB (SEB) report sent to Rigzone by the SEB team on Thursday, SEB Commodities Analyst Ole R. Hvalbye outlined that “fresh U.S. sanctions reignited strong…

Oil Prices Surge 6% as Trump Sanctions Russian Energy Giants

Oil prices skyrocketed in early Asian trading on Thursday after President Trump announced new sanctions on Russia’s two largest oil producers, Lukoil and Rosneft, marking the first Ukraine-related sanctions of…

Strong Natural Gas Demand Boosts Kinder Morgan’s Q3 Performance

Strong natural gas demand boosted the bottom line of Kinder Morgan in the third quarter, with the company reporting a 16% increase in earnings per share. “With historic growth in…

JERA to Buy $1.5 Billion Worth of U.S. Shale Gas Assets

Japan’s power generation major JERA will pay $1.5 billion for natural gas assets in the Haynesville basin, the company said today, in line with plans to boost its exposure to…

  • Gas
  • October 23, 2025
Industrial gases underpin test-firing of India 3D-printed rocket

India space startup Agnikul Cosmos (Agnikul) has successfully test-fired two fully 3D-printed semi-cryogenic rocket engines ahead of an upcoming orbital mission. The company posted on X (formerly Twitter) a video…