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HomeInternational News

International News

Oil
Crude Oil News

Oil Prices Climb as Crude Inventories Decline

August 7, 2024 Mariel Alumit

Oil prices climbed after the EIA reported a surprise crude oil inventory draw, reversing an earlier decline caused by concerns about a recession. Gasoline and distillate inventories saw builds, following earlier estimates of larger increases. […]

DET
Imports

Germany’s DET gets 100th LNG cargo

August 7, 2024 Mariel Alumit

State-owned German LNG terminal operator DET has received in total of 100 LNG cargoes at its two FSRU-based LNG terminals in Wilhelmshaven and Brunsbüttel. DET announced the milestone cargo in an emailed statement sent to […]

China’s gas imports
Imports

China’s gas imports up in July

August 7, 2024 Mariel Alumit

Natural gas imports during the last month reached about 10.86 million tonnes, rising 5.3 percent compared to 10.30 million tonnes in July 2023, the data from the General Administration of Customs shows. China paid about […]

Aramco
Big Oil Companies

Aramco CEO: LNG is ‘on our radar screen’

August 7, 2024 Mariel Alumit

“LNG is on our radar screen. We are making big investments globally in LNG,” Nasser said on Tuesday during Aramco’s H1 results call. Saudi Arabia’s Aramco made its first international investment in LNG last year […]

Ocean Temperatures
Climate Crisis

New Study: CO2 Effects On Global Ocean Temperatures ‘Impossible’ To Measure

August 7, 2024 Mariel Alumit

Scientists do not even mention CO2 concentration changes as a factor in ocean temperatures and warming. A new study reveals the limit of the greenhouse gas-induced longwave radiative impact extends only to the ~10 μm […]

Ireland
International News

‘Ireland to miss renewable energy target by two years’

August 7, 2024 Mariel Alumit

Ireland and Northern Ireland are expected to miss their goal of generating 80% of electricity from renewable sources by 2030. Forecasts from Cornwall Insight show that only 70% of the power grid will be renewable […]

carbon credits
Finance

The pros and cons of carbon credits and choosing your portfolio

August 7, 2024 Mariel Alumit

As the VCM grows and supports even more projects globally, the range of available credits also expands – although most relate to carbon emissions reduction activities. While this growth gives you more options, it also […]

Shell
Energy Storage

Shell secures UK’s first long term tolling deal for battery

August 7, 2024 Mariel Alumit

Shell Energy has signed a seven-year tolling agreement with BW ESS and Penso Power for the Bramley Battery Energy Storage System (BESS) under development in Hampshire, UK. This agreement is the first long term tolling […]

Former nuclear power plant
International News

Former nuclear power plant to transform into green energy hub

August 7, 2024 Mariel Alumit

A masterplan has been unveiled for Chapelcross, aiming to turn the former nuclear power plant site into a Green Energy Hub. The development will focus on hydrogen production, advanced manufacturing and creating energy and enterprise […]

UK energy
CO2 & GHG

UK energy giants push for EU carbon market link

August 7, 2024 Mariel Alumit

The UK risks losing up to £8 billion in government revenue over the next six years if it does not integrate its emissions trading scheme (ETS) with the EU’s, according to a new report by […]

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