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INTERVIEW: Lee Chun-Li – Taiwan Energy Administration
Taiwan's Ministry of Economic Affairs Energy Administration Deputy Director General sits down to talk power generation, renewable energy goals and if nuclear power has a future in Taiwan
Jindal Nuclear plans to build 18GWe of nuclear power generation capacity in India
Jindal Nuclear plans to build 18GWe of nuclear power generation capacity in India over the next two decades
Russian gas begins flowing to Slovakia via TurkStream
Russian natural gas has begun flowing to Slovakia via the TurkStream pipeline, Slovak newspaper Dennik reported on February 6, citing Vojtech Ferencz, chairman of the country’s national gas transmission system operator SPP.
Gazprom divests Austrian and Italian gas trading units to Dubai-based investment firm
Gazprom has sold its Austrian and Italian gas trading subsidiaries to Dubai-based investment firm EGH Gulf, established less than a year ago.
Iraq’s North Oil resumes production from Kirkuk wells
Iraq’s North Oil Co. has recommenced production from 35 wells in the Kirkuk region as part of a strategic effort to bolster output.
Poland plans to spin-off state-owned coal assets as energy transformation plans slowly gather momentum
Poland's Ministry of State Assets will present a comprehensive plan for the spin-off of coal assets from state-owned power companies to Parliament on February 13, as the government's energy transformationd plans gather pace.
Europe's economic woes made worse by looming trade war with US, says Goldman Sachs
Cyclical industries across Europe are in danger from the economic slowdown sweeping Europe, Goldman Sachs warned in a note on February 4. They were already reeling from years of a polycrisis, but now President Trump is threatening a trade war.
Ghana to scrap Gold-for-Oil programme, says energy minister
Venezuelan foreign minister brands US Secretary Rubio "obsessed" over leftist regimes
Venezuela lashed out at US Secretary of State Marco Rubio, branding him a “pathetic obsessed man” after he labelled Cuba, Nicaragua, and Venezuela as “enemies of humanity” and blamed them for the ongoing migration crisis in the region.
Germany looks to repurpose Nord Stream 2 for green gas project
German authorities are considering re-tasking the Nord Stream 2 pipeline to deliver green hydrogen or natural gas from Finland.
CPP reportedly weighing sale, IPO options for Encino
Canadian pension fund CPP Investments is reportedly weighing strategic options for what to do with Houston-based oil and gas producer Encino Acquisition Partners.
ONEOK, MPLX partner on Gulf Coast LPG export terminal
ONEOK and MPLX have agreed to build a new 400,000 barrel per day liquefied petroleum gas export terminal on the Texas Gulf Coast.
India signs MoU to advance decarbonisation efforts
India’s Ministry of Corporate Affairs-backed think tank, the Indian Institute of Corporate Affairs, has signed a Memorandum of Understanding with the Carbon Market Association of India to enhance the country’s carbon markets.
Iran’s South Pars Refinery 7 set to increase production
Iran’s South Pars Refinery 7 is on track to maximise production, according to the facility’s manager – Mehrdad Abdi – who said that output is expected to increase significantly by the end of March this year.
OPEC+ continues with production plan despite Trump’s demands
OPEC+ has decided to continue with its current oil production plans after a review meeting on February 2 despite calls from US President Donald Trump to lower crude prices.
Petrochemical output up 3.5% in Iran
A report from the Iranian government released February 2 has revealed that the country’s petrochemical production was able to reach 96.3mn metric tonnes from March 21 to December 20 2024 – an increase of 3.5% compared to last year.
Australia inaugurates first large-scale CCS project
“We have made history out at Moomba. It’s a first for Santos, a first for South Australia and a first for Australia in terms of large-scale, onshore CCS,” Santos CEO Kevin Gallagher said.
French TotalEnergies signs $820mn Iraqi solar power deal
France's TotalEnergies has signed an agreement with Basra Investment Commission to construct a 1,000-MW solar power plant in Iraq
South Australia to restart mothballed gas power generators to shore up security
The Australian Energy Market Commission approved a rule change last week allowing South Australia to restart mothballed gas power generators in the event of a supply shortage.
Iran prepared for Trump’s ‘maximum pressure’ campaign
US President Donald Trump on February 4 signed a memo to reinstate his “maximum pressure” campaign on Iran to drive the country’s oil exports down to zero and choke its revenue among others.
EU helps Moldova overcome energy crisis with €310mn financial package
New package announced after Russian Gazprom’s decision to stop gas exports to Moldova sparked an energy crisis.
NEOM food unit Topian signs SAR1.9bn Jazan aquaculture deal
NEOM food company Topian has signed a SAR1.9bn ($507mn) investment agreement with Jazan City for Primary and Manufacturing Industries to establish a major aquaculture project, during the Saudi International Marine Exhibition in Riyadh on Feb 4.
Serbia requests delay of sanctions on oil company NIS
Serbia has formally requested the US to delay sanctions on its Russian-owned oil company, Naftna Industrija Srbije, for a minimum of 90 days, citing concerns over the company’s critical role in regional energy stability.
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