Latest Stories

Europe's gas tank storage reaches an all-time high just before the winter's heating season starts

17 October 2023

Total gas reserves in the European Union have surged to an all-time high just as the heating season begins, according to Gas Infrastructure Europe (GIE), an industry group representing European gas operators.

Putin's birthday gift: Russia kicks off gas supplies to Uzbekistan via Kazakhstan

17 October 2023

Russia officially launched natural gas deliveries to Uzbekistan via Kazakhstan on October 7, taking advantage of a squeeze in Central Asian gas supply to partly offset its loss of market share in Europe.

Regulators deal blow to 4 GW of wind projects off New York

17 October 2023

Some 4 GW of offshore wind projects in New York are in limbo after state regulators unanimously rejected a bid by developers of the four projects to increase their contract by an average of almost half.

Russian oil output edges up in September

17 October 2023

Russian oil production rose marginally in September, by 10,000 barrels per day month on month to 9.48mn bpd. Output surpassed the OPEC+-agreed target by 30,000 bpd.

GULF signs Power Purchase Agreement with EGAT to develop industrial waste-to-energy plants

17 October 2023

Gulf Energy Development Public Company Limited, has officially signed a Power Purchase Agreement with the Electricity Generating Authority of Thailand to develop two industrial waste-to-energy projects.

Iran’s petchem output to hit 78mn tonnes this year, says NPC chief

16 October 2023

Iran is expected to produce 78mn tonnes of petrochemical products by the end of the current Persian calendar year (March 19, 2024), the CEO of the National Petrochemical Co. (NPC) said.

Estonia seeks to postpone biomethane-powered bus production final deadline beyond 2030

16 October 2023

EU climate ministers discussed on October 16 whether to end the production of new biomethane-powered urban buses by 2030, but Estonia’s stance is clear – postpone the deadline in the country by at least five years.

IEA declares end to "Golden Age of Gas"

16 October 2023

The energy crisis triggered by Russia’s invasion of Ukraine effectively marks the end of the 10-year Golden Age of Gas, the International Energy Agency said in its medium-term gas market report this month.

Green India struggles in September, but solar looks to bounce back

16 October 2023

Recent data made public by India’s Central Electrical Authority points to last month being the worst performing September since 2018, with just 268.77 MW of renewables added to the grid.

Investors eager to drive offshore power projects in Vietnam

16 October 2023

New investors are showing strong interest in launching ambitious offshore power projects in Vietnam.

European gas prices soar to two-month high

16 October 2023

European natural gas prices spiked last week, nearing levels not seen in two months, with the market in the grip of geopolitical concerns, renewed shortage fears and cold weather.