HYCO1 and Malaysia LNG (MLNG) have signed a Memorandum of Understanding (MOU) to collaborate on the potential utilization and conversion of 1 Mmtpa of CO2. MLNG, a subsidiary of PETRONAS, is the CO2 supplier for the project. SourceContinue Reading
OPEC+’s audacious bid to punish its oil-quota cheats prompted a renewed plunge in crude on Wednesday, amid growing tensions with Kazakhstan. Kazakhstan Energy Minister Erlan Akkenzhenov appeared on Wednesday to reject pressure to bring output in line with OPEC+’s quota. SourceContinue Reading
UK Parliament Intervenes to Save British Steel | OilPrice.com Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Metal Miner – Apr 23, 2025, 2:00 PM CDT The UK government passed a...Continue Reading
Amid declining Russian oil imports and rising energy demand, India is ramping up investments across Africa’s oil, gas and renewables sectors. The shift comes as India’s crude oil imports from Russia fell to a two-year low in February 2025, prompting a renewed push to diversify its sources of energy. SourceContinue Reading
Last Mile Production, LLC, an independent oil and gas operator in West Texas, has reported transformative results following the deployment of Enovate AI’s 3-Clicks Digital Strategy in collaboration with B4ECarbon™. SourceContinue Reading
ExxonMobil has announced an agreement with Calpine Corporation, the nation’s largest producer of electricity from natural gas, to transport and permanently store up to 2 Mmtpa of CO2 from Calpine’s Baytown Energy Center near Houston. SourceContinue Reading
Space Tourism: Balancing Innovation with Environmental Concerns | OilPrice.com City A.M CityAM.com is the online presence of City A.M., London’s first free daily business newspaper. Both platforms cover financial and business news as well as sport and… More Info Premium Content By City A.M – Apr 23, 2025, 1:00 PM CDT The article presents a debate...Continue Reading
Iran Claims Latest U.S. Sanctions Show ‘Lack of Goodwill’ in Nuclear Talks | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 23, 2025, 12:30 PM CDT The latest U.S. sanctions on Iran suggest a “lack of goodwill and seriousness” from the United States in the...Continue Reading
The ongoing trade war is poised to deliver a negative shock to US growth, prompting the International Monetary Fund to slash its 2025 forecast earlier Tuesday. This gloomier outlook has sharpened our focus on the once high-flying industrial metals market—now showing signs of weakness—particularly the copper market. Goldman analyst Adam Gillard provided clients with a...Continue Reading
Record Wind Energy Installations Not Enough to Meet Renewables Goals | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Apr 23, 2025, 11:30 AM CDT The world installed a record-high wind power capacity last year, but this isn’t enough to meet the goal of tripling renewable...Continue Reading
