Around 120 discoveries were made in 2024, but most were small, unlike major finds in previous years. High-impact drilling is expected in Suriname (Korikori), Cyprus (Elektra), Libya (Area C), and South Africa (DWOB). Oil majors […]
SANTIAGO, Chile (AP) — Power was restored to most of Chile’s 19 million people Wednesday after the country’s most disruptive blackout in 15 years, the government said, as authorities lifted a strict curfew imposed when […]
Wealthy countries’ push for green subsidies harms the global poor, relying on unsustainable resources and ignoring the needs of billions in energy poverty. The few wealthy countries of Germany, Australia, Great Britain, New Zealand, other […]
Biden’s Keystone XL cancellation has dealt lasting damage to U.S. energy, jobs, and trust in government—damage not easily undone. President Donald Trump turned heads with his call for restarting the Keystone XL Pipeline. While the […]
Italy’s Eni and Malaysia’s Petronas plan to establish a joint venture company to oversee selected upstream assets in Indonesia and Malaysia. The two firms announced on Thursday an exclusive memorandum of understanding to progress detailed […]
Under the SPA, Osaka Gas will buy up to 0.8 million metric tonnes per annum of LNG. Moreover, LNG cargoes will be shipped to the destination ports of Osaka Gas and its Singapore-based subsidiary, Osaka […]
According to its 2024 results report released on Thursday, Eni sold 9.8 bcm (7.2 million tonnes of LNG) in 2024. Full-year LNG sales rose 2 percent compared to 9.6 bcm in 2023. Moreover, Eni sold […]
In 2024, the company secured new orders for 126 vessels valued at $14.6 billion. This is 324 percent more than its target of $4.5 billion for the 2024 financial year, “fueled by strong demand for […]
Norway is turning away from electricity interconnection as its governing coalition collapses over disagreements over energy co-operation with Europe. Most of the Storting now agrees there should be no more interconnectors while several parties want […]
Today Net Zero Watch has published a new report I’ve written on the risks of blackouts in the GB power market. The report was primarily drafted late last year but sections were re-written after the near-miss on 8 January […]
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