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Economics

Methane hunters tap new technology to reshape policing of U.S. greenhouse emissions

Charlie Barrett walks through an oilfield in New Mexico's southeastern desert, where the air smells of rotten eggs and old pumpjacks sit among shrub oaks, and turns on an infrared camera that can detect emissions from oil and gas equipment.

Czechs take next step to eliminate Russian oil from Polish-owned refineries

The Czech Republic can cover its oil needs through shipments via the Transalpine Pipeline pipeline from 2025, Prime Minister Petr Fiala said after the country signed a deal to boost capacity along the link.

Oil rises on supply outlook, Saudi speculator warning

Oil rose supported by optimism the U.S. would avoid a debt default, a tighter market outlook and a warning from the Saudi energy minister to speculators that raised the prospect of further OPEC+ cuts to support the market.

SAR Technology Inc. contracts MECS for spent e-grade acid regeneration plant

SAR Technology Inc., located in Tainan, Taiwan, has contracted with MECS, Inc., a subsidiary of Elessent Clean Technologies, for the supply of MECS proprietary technology and equipment in support of a new spent acid regeneration plant.

GenH2 and ZeroAvia sign MoU to develop liquid hydrogen technologies for airports

GenH2 has executed an MOU with hydrogen-electric propulsion developer ZeroAvia to develop liquid hydrogen aviation infrastructure solutions for use in airport environments.

Syzygy Plasmonics selects Emerson to automate electrification of chemical production processes

Global technology and software company Emerson has been chosen by Syzygy Plasmonics to automate its innovative catalyst reactor technology that uses light instead of thermal energy, such as heat generated from burning fossil fuels, for chemical manufacturing.

Oil steady as U.S. default risk offsets demand outlook

Oil prices were steady as caution relating to U.S. debt ceiling talks dragged on optimism over demand later in the year and offset support from lower supplies from Canada and OPEC+ producers.

Europe's business jet industry aims for green rebrand

Europe's business jet sector is putting its greenest foot forward at its flagship annual conference this week as it faces a downturn in flights on the back of commercial aviation's rebound and growing pressure to become more sustainable.

Nigeria commissions Dangote refinery, seeks to end fuel imports

Nigeria commissioned Dangote Refinery amid hopes of transforming the country into a net exporter of petroleum products, but analysts said securing crude supplies could affect it achieving full production this year.

Bangladesh struggling to pay for fuel due to dollar shortage, letters show

Bangladesh is struggling to pay for imported fuel because of a dollar shortage, letters from the state petroleum firm show, with it warning of an "alarming decrease" in fuel reserves.