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U.S. Crude Oil Inventories Fall by 9 Million Barrels; Refinery Utilization Rate Reaches 91.0%

The U.S. Energy Information Administration (EIA) released its weekly inventory data for the week ending February 13, 2026, showing that U.S. commercial crude oi…

ConocoPhillips Considers Selling Permian Basin Assets Worth Approximately $2 Billion

ConocoPhillips is currently considering selling some of its assets in the Permian Basin to further streamline its investment portfolio. According to informed so…

Canadian Natural Gas Production Hits Record High, Surpassing 20 Billion Cubic Feet per Day for the First Time

According to the latest data released by the Canada Energy Regulator (CER), in November 2025, Canada's natural gas production reached a historic high, surpa…

Invenergy and Tallgrass Sign Supply Agreement for Arizona Natural Gas Power Plants

North American private independent power producer Invenergy announced an agreement with pipeline operator Tallgrass to develop three new natural gas power plant…

CORE Strategy Drives Significant Profit Growth for Materials Technology Group Umicore in 2025

2025 was a pivotal year for the materials technology group Umicore, with the company making positive progress in profit growth, capital control, and the recover…

UK's Carbon Neutral Fuels adopts Johnson Matthey and Honeywell technologies to advance Sustainable Aviation Fuel production

UK-based Carbon Neutral Fuels (CNF) has selected Johnson Matthey (JM) and bp's FT CANS technology, along with Honeywell UOP's Fischer-Tropsch Unicrackin…

Condor Paipa Geothermal Project in Boyacá, Colombia, Receives Exploration Permit

The Ministry of Mines and Energy of Colombia will grant the official exploration permit for the Condor Paipa Geothermal Project, led by the Dewhurst Group, loca…

University of Hawaii Conducts Wave Energy Technology Testing with TEAMER Project

The Testing and Expertise for Marine Energy Research (TEAMER) project is assisting the University of Hawaii in conducting a wave energy technology test. This te…

ENGIE Australia Acquires Full Ownership of Hazelwood Battery Energy Storage System Project

ENGIE Australia recently announced that it has fully acquired the Hazelwood Battery Energy Storage System located in Victoria, thereby gaining complete control …

Exus Renewables Commissions 53 MW Wind Projects in Poland

Recently, Exus Renewables has commissioned two new wind farms in Poland: Jastrowie (30 MW) and Okonek (23 MW), with a total installed capacity of 53 MW. This ma…

Scottish Carbon Removers Secures £1 Million Investment to Expand Modular Carbon Capture Technology Applications

Recently, a Scottish company called "The Carbon Removers," which focuses on capturing biogenic carbon dioxide from industries such as whisky production, has sec…

India's NITI Aayog Warns: Inefficient Waste Recycling System Leads to Loss of Business Worth Billions of Rupees

Recently, the Indian government think tank, the National Institution for Transforming India (NITI Aayog), warned that due to the inefficiency of the waste manag…

Akwa Ibom State Assembly in Nigeria Passes Resolution to Promote Public-Private Partnership in Building Waste Recycling Plants for "Turning Waste into Treasure"

The House of Assembly of Akwa Ibom State, Nigeria, passed a significant resolution urging the state government to collaborate with the private sector to establi…

Western Canada Select Crude Oil Discount Widens to Near One-Year High

The discount for Western Canada Select crude oil relative to the North American benchmark West Texas Intermediate futures widened to its highest level since Jul…

Chile Approves Battery Energy Storage Projects to Sell Carbon Credits, Driving Energy Transition

Chile has approved two battery energy storage system (BESS) projects to generate and sell carbon credits under a bilateral agreement with Switzerland and Articl…