• Gas
  • January 2, 2026
SOL Group to acquire Haemopharm Biofluids

Italy-based industrial gas company SOL Group has signed a preliminary agreement to acquire Haemopharm Biofluids, a manufacturer of infusible pharmaceutical and dialysis solutions. The transaction will be carried out through…

  • Gas
  • January 2, 2026
Hydrogen-ready plants key to Singapore’s long-term decarbonisation

Diversified LNG imports, strategic storage, and hydrogen-ready repowering requirements will raise Singapore’s gas-based capacity from around 10.38GW in 2024 to approximately 14.82GW by 2035, according to GlobalData research. Despite solar…

Will Saudi Arabia/UAE Tensions Over Yemen Threaten OPEC Status Quo?

The latest flare-up between Saudi Arabia and the United Arab Emirates over Yemen looks dramatic on the surface, but OPEC cohesion, not missiles or militias, is what ultimately matters to…

Investor Hesitation Stalls India’s Offshore Oil Push

India has once again kicked the can down the road on its biggest oil and gas licensing round, extending the deadline for bids under OALP-X to February 18. It is…

First Kursk II unit connected to the grid

The power unit’s capacity will be gradually increased in steps, with safety tests and checks, to 35-40%. This will be followed by a lengthy period of increasing it to 100%. The VVER-TOI…

Operating permit issued for South Korea’s Saeul 3

The unit, formerly known as Shin Kori Unit 5, is an APR1400 pressurised water reactor with an output of 1,400 MW and a 60-year design life. Korea Hydro & Nuclear Power…

Duke Energy submits early site permit application for nuclear project

An early site permit – or ESP – is an optional process to confirm a site’s suitability for new nuclear generation: possession of such a permit reduces the risk of…

Oil Prices Log Steepest Annual Drop Since 2020 – See the Key Events That Have Affected Oil Prices in 2025

Summary Brent set to post longest annual losing streak to date UAE withdraws forces from Yemen in conflict with Saudi Arabia Oversupply offsets geopolitical risks, sanctions on producing countries US…

US Oil Production Hit Record High in Oct, EIA Says

U.S. oil production hit a record high in October, according to the Energy Information Administration on Wednesday. Output rose by 31,000 barrels per day to 13.87 million bpd. Get the…

US Targets Crude Oil Tankers, Firms in New Venezuela-Related Sanctions, Treasury Website Shows

The United States on Wednesday imposed sanctions on four companies it said were operating in Venezuela’s oil sector as well as associated oil tankers, as President Donald Trump’s administration increases…