Huisman has designed a new harsh environment semi-submersible drilling rig that can be powered with onshore-produced hydroelectricity but also with floating wind turbines. The Dutch firm said that the new rig design was aimed at […]
Australian-listed Invictus Energy Ltd expects to start drilling its first exploration well for oil and gas in the northern part of Zimbabwe in the coming weeks, an official with the company’s Zimbabwean subsidiary said on […]
QatarEnergy said its newly formed QatarEnergy Renewable Solutions awarded an engineering, procurement and construction contract to Samsung C&T to build two solar PV plants with capacity to generate 875 MW of electricity, which will be […]
Oil prices could spike again by the beginning of 2023, says one analyst. “Domestically, whether it’s oil or it’s gas, these companies have very very limited incremental capacity at this time,” Truist Securities Managing Director […]
While we are being distracted by Ukraine, President Putin has advanced his geopolitical goals materially. Aided and abetted by President Xi, Putin is taking the Asian continent into his control. That mission is well on its […]
Natural gas prices around the world are skyrocketing, but prices in Europe make up the lion’s share. These currently match those of oil if it were sold for $ 410 a barrel. Four times the […]
PUTIN’s decision to let international observers into Zaporizhzhia nuclear plant to run safety inspections might indicate “common sense has penetrated into some areas of the Kremlin”. Former Secretary General of NATO Lord George Robertson reacted […]
Here we go again. This morning, the notoriously volatile natural-gas futures, which have taken down numerous hedge funds over the years, jumped to nearly $10 per million Btu and currently trade at $9.75, the highest […]
The Bulgarian government has decided to accept only one of the agreed seven liquefied gas supplies from the US company Cheniere, despite the price being almost €30 lower than that offered on European gas exchanges. […]
From NOT A LOT OF PEOPLE KNOW THAT By Paul Homewood This latest analysis from Timera dovetails with my piece on the broken electricity market yesterday: Europe’s power crisis overtaking gas crisis Europe is […]
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