Latest Stories

Canada backed in its dispute with US over solar panel tariffs

17 February 2022

A dispute resolution panel has backed Canada in its challenge to US solar panel tariffs. Canada, the US and Mexico are members of a trade pact.

2021 was “transformation year” for US offshore wind – trade group

17 February 2022

A new report describes 2021 as “a transformational year that kickstarted the US offshore wind industry, sparking supply chain investment and transforming it into a national industry.”

Iberdrola to invest more than $10bn in offshore wind in Massachusetts

17 February 2022

Iberdrola, the Spanish energy company, says it will invest more than $10 billion in three offshore wind farms off Massachusetts.

VP says Guyana may use unassigned blocks to establish NOC

17 February 2022

Guyana’s government may establish a national oil company on the basis of unassigned blocks in the country’s offshore zone, according to Vice President Bharrat Jagdeo.

Petrobras reiterates commitment to gas market liberalisation

17 February 2022

Brazil’s national oil company Petrobras has reiterated its commitment to fostering competition in the natural gas sector, even as it remains the country’s leading supplier of gas.

Ecopetrol CEO says his company is ready to go to court to enforce its legal right to explore

17 February 2022

Felipe Bayon, the CEO of Colombia’s national oil company Ecopetrol, has said that he is ready to push back if Gustavo Petro becomes president and calls a halt to new hydrocarbon exploration.

Gasoline shortages and unexpected consequences

17 February 2022

Nigeria’s attempt to avoid labour unrest and consumer discontent by keeping its gasoline subsidy in place indefinitely backfires.

Iran needs to decide within days whether to accept revised nuclear deal says France

17 February 2022

Tehran’s chief negotiator says “we are closer than ever to agreement”. But Iranian top diplomat proposes US Congress issues statement to UN stating Washington’s abiding commitment to a restarted JCPOA.

Slovenske Elektrarne reaches deal with government to avert windfall tax

16 February 2022

Partly state-owned power company agrees to supply electricity to households at prices significantly lower than the current market prices until 2024.

Slovenia records biggest drop in CO2 emissions in EU in 3Q21

16 February 2022

Despite the effect of the economic rebound between the third quarters of 2020 and 2021, the long-term trend of EU greenhouse gas emissions displays a steady reduction towards the EU targets.