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The United States has cemented its position as the world's leading exporter of Liquefied Natural Gas (LNG) over the past couple of years, thanks to surging natural gas demand in Europe and Asia. U.S. LNG exports hit a record 111 million tons in 2025, surpassing 100 million metric tons for the first time, driven by high utilization and new capacity additions from projects like Plaquemines LNG. But this could be just the beginning of the U.S. LNG boom: the EIA has predicted that U.S. LNG export capacity will more than double by 2029, with an estimated…
Several automakers are investing heavily in robots in a bid to further automate operations in the future. It does not seem to matter that the current generation of humanoid robots works at a slower pace than humans, as automakers still view these machines as more cost-efficient for their factories. While Elon Musk invests heavily in Tesla’s Optimus Robots, Hyundai has big plans for incorporating robots in its United States operations in the coming years. A recent estimate by Barclays suggests that the current humanoid robot market has a value…
The oil and gas sector is continuing to consolidate after years of ‘merger-mania’, with ramifications for the entire energy sector and wider economy. But a recent report reveals that the spate of mergers and acquisitions that has characterized the fossil fuels industry over the last decade is not as widespread as it may seem, but rather concentrated among a few key players. A newly released report from the consulting firm Bain & Co found that, within the oil and gas sector, “fewer companies are doing more of the deals…
Iran's Islamic Revolutionary Guard Corps (IRGC) Navy says it has seized two vessels near Farsi Island allegedly carrying large quantities of smuggled fuel, the country's Students' News Agency (ISNA) reported Thursday - at a moment the nation's military has its "finger on the trigger" amid threats from the Trump White House and Israel. More than one million liters of diesel were discovered aboard the ships, according to the IRGC Navy's public relations office, and the seized 15 foreign crew members have been handed over…
India’s largest state-owned refiner, Indian Oil Corporation (IOC), saw its net profit surge four times for the quarter ended December 31 compared to a year earlier as falling crude oil prices boosted refining margins. Indian Oil reported on Thursday a standalone net profit of $1.34 billion (121.26 billion Indian rupees) for the October-December quarter, which is the third quarter of its 2025/2026 fiscal year ending on March 31, 2026. That’s a fourfold jump compared to the net profit of $318 million (28.74 billion rupees)…
