Aramco net income falls to $106bn but sees gas growth
Aramco has said it anticipates “significant upside” in natural gas volumes this year, after recording net income of $106bn in 2024, down from $121bn in 2023.
Aramco has said it anticipates “significant upside” in natural gas volumes this year, after recording net income of $106bn in 2024, down from $121bn in 2023.
Despite generous subsidies and soaring tech demand, the outlook for the specialty gas semiconductor sector is one of uncertainty. Dominic Ellis tells the story
UK energy-from-waste operator Enfinium is starting the first carbon capture and storage (CCS) pilot scheme in Wales – and it will be the first deployed in the wider HyNet industrial energy cluster.
The government of Ireland has approved a Floating Storage and Regasification Unit (FSRU) in order to boost the country’s energy security and gas emergency reserves.
World-leading Taiwanese semiconductor foundry TSMC is to invest an additional $100bn in semiconductor manufacturing facilities in Arizona, taking its overall investment in the state to $165bn.
Honeywell has agreed to buy Sundyne from private equity firm Warburg Pincus for $2.16bn in an all-cash deal which is expected to close in the second quarter.
Global electricity consumption is forecast to grow at close to 4% annually through to 2027 as power use climbs in a range of sectors, according to an International Energy Agency (IEA) report. This energy increase...
Helium One Global, a helium exploration company with project sites in the US and Africa, has been granted a mining licence for its flagship Rukwa Helium Project in Tanzania.
St1 Biokraft, a leading biomethane player in the Nordic region, has signed an agreement to acquire Sweden’s Södra Hallands Kraft Biogas for an undisclosed fee, increasing its production capacity by 25 gigawatt hours (GWh).
Issues surrounding hydrogen’s properties and cost make it difficult to justify as a mass-market solution for domestic heating, according to Suzanne Mattei, Energy Policy Analyst at climate action think tank The Institute for Energy Economics...