Oil Prices Steady as Market Assesses Reports of Possible US Sanctions on Russia, Venezuela Blockade

Summary US prepares more Russian energy sanctions if Moscow rejects peace deal, Bloomberg reports Venezuela’s PDVSA resumes loading after cyberattack, most exports on hold Trump announced blockade of tankers under…

EIA Sees 2.2 Million Barrel Per Day Glut in 2025

World petroleum and other liquid fuels production will outweigh consumption by 2.24 million barrels per day in 2025. That’s according to the U.S. Energy Information Administration’s (EIA) latest short term…

EIA: Brazil, Guyana, Argentina Driving 2026 Oil Output Growth

Brazil, Guyana, and Argentina are set to be major drivers of non-OPEC oil supply growth in 2026, accounting for half of the expected 0.8 million barrels per day (b/d) increase…

Venezuela May Have to Start Shutting Oil Wells Soon

Venezuela may be forced to start shutting in oil production as it runs out of storage space amid the U.S. tanker blockade, Bloomberg has reported, citing unnamed sources. According to…

US to install 36% more wind turbines in 2025 than previous year

The United States is expected to add more than 7 GW of wind installations in 2025, a 36% increase over the previous year, and the five-year outlook remains unchanged quarter-over-quarter…

AMEA Power Commissions Tunisia’s First 120 MWp Utility-Scale Solar Project In Kairouan

Representational image. Credit: Canva AMEA Power has successfully commissioned a 120 MWp solar photovoltaic power plant in the Kairouan Governorate of Tunisia, marking a major step forward in the country’s…

Druk Green Power Corporation Invites Bids For 120 MWp Wobthang Solar PV Project In Bhutan

Representational image. Credit: Canva Druk Green Power Corporation Limited (DGPC) has invited bids for the design, supply, installation, testing, and commissioning of the 120 MWp Wobthang Solar PV Power Plant…

  • Gas
  • December 18, 2025
Flowserve buys Greenray Turbine Solutions for $72m

Industrial machinery supplier Flowserve has strengthened its profile in the industrial gas turbines sector after buying UK-based Greenray Turbine Solutions for $72m. Flowserve forecasts that the acquisition will add around…

Lucknow RWA Leads Community Solar Adoption Under PM Surya Ghar Yojana

A residential welfare association (RWA) in Lucknow has successfully implemented a community solar rooftop project, marking a significant step toward clean and self-reliant energy adoption in urban housing societies. The…

ERC Reaffirms Support for Off-Grid Electrification as Meralco Commissions Philippines’ Largest Microgrid Project on Cagbalete Island

The Energy Regulatory Commission (ERC) Chairperson and Chief Executive Officer Francis Saturnino C. Juan has reaffirmed the agency’s commitment to supporting the full electrification of off-grid areas following the ceremonial…