TopGlobal Pump & Valve Powerhouse Meets in Wenzhou!
Join the 2025 China Wenzhou Int’l Pump & Valve Fair—the crown jewel of Wenzhou Pump & Valve Industry Week! From cutting-edge exhibitions to high-level forums, factory tours, and global buyer matchmaking, this is where the industry unites.Oct…
EC Conditionally Approves ADNOC’s $17-Billion Acquisition of Covestro
The European Commission has approved with conditions the $17-billion acquisition by Abu Dhabi National Oil Company (ADNOC) of Germany’s chemicals giant Covestro, the EU’s executive arm said on Friday, following an investigation into foreign subsidie…
Why Big Oil Is Still Gushing Profits Despite Low Oil Prices
Oil markets have been volatile over the past couple of weeks, driven by a series of geopolitical developments including new U.S. sanctions on Russian energy, coupled with a fragile cease-fire in Gaza. Oil prices remain well below recent highs, with bo…
Alaska’s Mega-Pipeline Gets a Second Chance in the Trump Energy Era
Baker Hughes (NYSE:BKR) has taken a decisive role in reviving one of America’s most ambitious energy projects. The Houston-based oilfield services firm has signed definitive agreements with Glenfarne Alaska LNG LLC, a subsidiary of Glenfarne Energy T…
Oil Prices Edge Higher as U.S. Shutdown Nears End, Oversupply Caps Gains
Oil prices steadied on Monday as Washington moved toward ending a 40-day government shutdown, offering a modest boost to demand expectations but leaving markets weighed by oversupply signals and still plenty of uncertainty. On Monday at 1:42p.m. ET, W…
Europe's LNG Demand Surge Flips Global Gas Market
Asia has been the driver of global demand for liquefied natural gas for years now, with its fast-growing economies guzzling energy at elevated rates. This year, however, has seen this change. Asian demand for LNG is weakening—but Europe’s is on a su…
The Hydrogen Economy Is Here, But Challenges Remain
Much of the hydrogen discourse over the past decade has been aspirational: visions of a clean hydrogen economy, deep decarbonization of industry and transport, and futuristic power systems built around electrolysis. In many of my earlier pieces on Oil…
U.S.-Venezuela Tensions Intensify Regional Energy Risks
U.S.-Venezuela tensions are again rippling through energy and security markets, prompting President Donald Trump to rule out immediate military strikes while maintaining a buildup of American naval assets in the Caribbean. His comments followed report…
Supermajors Bet Big on Long-Term Oil Demand
The world’s largest international oil firms are ramping up production even as crude prices have weakened this year and global supply growth continues to outpace the demand increase, setting the stage for a glut in the coming months. The European maj…
Petronas Keeps the Gas Flowing as Malaysia Burns More Coal
Liquefied natural gas has once again become trendy. After several years under attack from environmentalists, even the EU has accepted that natural gas, in whatever form it can get it, is going to stay in the energy mix for quite a while yet. The U.S. …
North Sea Energy Firm Falls Into Administration Amid Mounting Crisis
North Sea oil and energy services group Petrofac has appointed administrators, putting thousands of jobs at risk.The company said it took the decision after one of its customers, TenneT, terminated its relationship over a 2GW energy programme in the N…
Petronas Keeps the Gas Flowing as Malaysia Burns More Coal
Liquefied natural gas has once again become trendy. After several years under attack from environmentalists, even the EU has accepted that natural gas, in whatever form it can get it, is going to stay in the energy mix for quite a while yet. The U.S. …
Washington’s Oil Sanctions Rattle Asia’s Energy Security
The U.S. federal government this week declared sanctions on two of the largest Russian crude oil exporters, Rosneft and Lukoil, which together account for about half of the country’s total outflows. Oil prices jumped, traders got excited—then prices…
Oil Rig Count Incher Higher Amid Oil Price Rally
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday.The total rig count in the US rose this week to 550, according to Baker Hughes, down 35 from this…
















