Latest Stories
Cheniere signs LNG supply agreement with China’s ENN
Cheniere Energy has entered into a long-term LNG sale and purchase agreement with ENN LNG (Singapore), a wholly owned subsidiary of China’s ENN Natural Gas.
Another blow to EastMed as Cyprus favours simpler export option
The EastMed gas pipeline project, which has been discussed for over decades, looks even less likely to materialise after the new government in Cyprus now says it favours the development of a shorter link from Israel.
Ithaca warns of policy risks to UK energy security
The UK's energy security is at risk as a major oil and gas producer, Ithaca Energy, warns of potential shortages and overreliance on imports as a result of the opposition Labour Party’s proposed ban on new oil and gas exploration in the North Sea.
Wood Mackenzie: US, Japan will struggle to hit ambitious hydrogen targets
The US and Japan will struggle to hit their respective ambitious hydrogen targets. That is because continued high production costs and a lack of infrastructure will test recently published strategies in both countries, said the consultancy.
Spanish biogas association says government needs more ambitious targets
The leading opposition party, People's Party, is advocating for nuclear power plant extensions and potential support for biogas, while the ruling Socialist Party favours more wind and solar energy.
European gas prices remain elevated amid warm weather
European gas prices remain elevated versus levels seen for most of this month, amid abnormally warm weather sweeping most of north-west Europe, despite high inventories and ample LNG supply.
Denmark postpones man-made energy island in North Sea
Denmark has delayed the tender for a North Sea energy island planned for at least 3 GW of offshore wind because of the rising costs of the project.
Bolivian gas exports to Argentina down more than 50% y/y in May
Bolivian natural gas deliveries to Argentina were down by more than 50% year on year in May, according to official data.
Turkey remains top destination for Russian diesel exports
Turkey is set to be the top destination for Russian diesel exports again this month, with trader comments and Refinitiv Eikon data also showing the country’s own shipments will increase following the completion of seasonal refinery maintenance.
‘Steel in the water’ at US’ first large offshore wind farm
The first monopile foundation has been installed at the 132-MW South Fork Wind site off New York. The project will be the US’s first commercial-scale offshore wind farm when it is completed later this year.
European gas traders turn to Ukraine's massive underground storage facilities as EU inventories fill up
European gas traders are looking to Ukraine’s 10bn cubic metres of underground storage facilities as EU inventories are currently filling up, Ukraine Business News reported on June 28.
Uganda, South Sudan sign power export agreement, will develop 308-km transmission line
The 400-kV Olwiyo-Juba transmission line (138 km on the Ugandan side and 170 km in South Sudan) will run from a substation in northern Uganda, which is already operational at 132 kV.
Final turbine installed at Scotland’s largest offshore wind farm
Seagreen Wind Farm, a joint venture between SSE Renewables and French oil supermajor TotalEnergies, achieved another landmark this week as the last of the 114 wind turbines was installed.
Pollution from Western Balkan coal power plants surged in 2022
Energy crisis distracted governments from the need to phase out consumption of coal and other polluting fuels, says Bankwatch report.
PetroNor to sell stakes in Sinapa, Esperança blocks offshore Guinea-Bissau to Petromal subsidiary
PetroNor E&P (Norway) has agreed to sell its stake in two exploration licences offshore Guinea-Bissau to a special purpose vehicle owned by Apus Energy DMCC.
Eni sells non-core Congolese assets to Perenco
Italy’s Eni has arranged to sell its equity stakes in several non-core assets in the Republic of Congo (ROC) to the Norwegian company Perenco.
Poland's Orlen taps BP's Norwegian oil for its refineries
Poland’s state-owned energy company Orlen has reached a deal with BP to acquire up to 6mn tonnes (44mn barrels) of oil from the UK major’s fields off Norway over the next year, it said on July 27.
Indonesia’s Pertamina, Malaysia’s Petronas to replace Shell in Masela project
The state energy companies of Indonesia and Malaysia are negotiating to take over Shell’s 35% stake in the offshore Masela project, according to Indonesian Energy Minister Arifin Tasrif.
India gets cosy with the US on nuclear power use, future NSG membership
Prime Minister Narendra Modi of India and President Joe Biden of the US reiterated both nations’ commitment to nuclear power as a key resource in meeting energy needs and the green transition.
QatarEnergy seeks buyer for stake in Italy’s Adriatic LNG terminal
State-owned petroleum company QatarEnergy is looking to offload its stake in Italy’s biggest LNG import terminal, according to sources briefed on the sale, Energy Intelligence reported on June 26.
Invenergy secures another $1bn from Blackstone
Invenergy, the renewables developer, owner and operator, has received an approximately $1bn equity investment from funds managed by Blackstone Infrastructure Partners.
First power at Israel’s largest renewable energy project
First power has been generated from the 207-MW Genesis Wind project, the largest renewable energy project in Israel. It is being developed by Enlight Renewable Energy of Tel Aviv. It is co-owned by Enlight and Aviram.
Follow us online