Latest Stories

India seemingly on track to miss another solar target

2 June 2023

According to India's own figures, the government of Prime Minister Narendra Modi is looking increasingly likely to miss either its 40 GW of solar installations per year target, or its 2030 total renewables goal of 500 GW of installed capacity.

Records set across Asia as seaborne coal imports continue to rise

2 June 2023

In all, 78.38mn tonnes of thermal coal is listed as having been sent to ports across the continent, say Belgium-based data analysts Kpler; the highest level of coal imports into Asia since early 2017, when Kpler first started to keep records.

Nepal to benefit from large-scale Indian hydro project

2 June 2023

The Investment Board Nepal (IBN) last week finally gave approval to long-standing development plans co-sponsored by Satluj Jal Vidyut Nigam (SJVN) India, a state-owned entity under the Ministry of Power and the state government of Himachal Pradesh.

PANNIER: Precarious balancing act for ‘everybody’s friend’ Central Asia

2 June 2023

West might talk tough on Russia sanctions enforcement, but it may have to settle for half-hearted promises from region.

Security probe of Norwegian gas pipelines finds nothing suspicious

2 June 2023

Inspections conducted on Norway's offshore gas pipelines in the aftermath of the Nord Stream explosions have not uncovered any suspicious findings, according to an executive from Equinor, providing the first official update on the security sweep.

Exxon, Chevron reportedly in advanced talks to drill in Algeria

2 June 2023

US energy majors ExxonMobil and Chevron are in advanced talks with Algeria, expecting to sign a contract with Algeria’s state oil group Sonatrach, that would allow the two energy companies to drill for the first time in the country.

Trillion launches fifth Black Sea well

2 June 2023

Canada’s Trillion Energy has commenced production from its fifth well in the ongoing drilling campaign in the Black Sea, it said this week. The drilling operations took place in a natural gas field off the coast of Turkey.

Indonesia, with Chinese backing, to enter EV battery market

2 June 2023

In a recent article in The Straits Times titled “Indonesia set to become EV battery battleground”, the claim was made that “the competition is between the longer-range nickel-based battery and the cheaper, iron-based battery.”

Hammerfest LNG suffers gas leak

2 June 2023

Equinor announced on May 31 that a gas leak at the Hammerfest LNG plant in Norway had been successfully stopped and the process of normalisation has commenced. However, the company has not said when production at the facility will resume.

European gas outlook improves, but further winter risks ahead

2 June 2023

Natural gas prices have fallen to levels not seen in two years, and the continent looks increasingly well-positioned to make it through next winter, given the fast rate at which gas storage volumes are being replenished.

TotalEnergies will start gas production from the Absheron field in the coming weeks

2 June 2023

Production of the first gas from the Absheron field in the Azerbaijani sector of the Caspian Sea will begin in a few weeks, said Jean-Luc Guiziou, senior vice president for Europe at TotalEnergies.