Energy trader Vitol has extended its existing liquefied natural gas (LNG) supply deal with Korea Middle Power (Komipo). The original SPA was signed in 2011. Deliveries started in 2015, with Vitol supplying Komipo with over […]
The European Union just passed a directive requiring ESG mandates for European businesses. ESG, of course, stands for environmental, social and governance standards. Or in the fine print — definite corporate action concerning climate change; […]
FRANKFURT, May 28 (Reuters) – Siemens Energy’s (ENR1n.DE), opens new tab wind turbine division Siemens Gamesa is planning to cut 4,100 jobs, or around 15% of its workforce, the unit’s Chief Executive Jochen Eickholt said in an […]
The UK currently holds the title of having the most expensive diesel in Europe, despite implementing a 5p-per-litre fuel duty cut in March 2022. New data from the RAC reveals that the average price of […]
Iberdrola, through its subsidiary Ailes Marines, has announced the completion of the Saint-Brieuc offshore wind farm, making it the second operational offshore wind farm in France and the first in Brittany. With all 62 wind […]
Data source: U.S. Energy Information Administration, Petroleum Supply Monthly Annual U.S. biodiesel imports doubled from 2022 to 2023 to 33,000 barrels per day (b/d) and continued to rise in the first two months of 2024, according to […]
Greeks are going to the ballots for the EU elections fuming over skyrocketing prices, especially of food and fuel, which have sparked an intense political debate among parties over how to stem the seemingly […]
New Jersey Governor Phil Murphy has announced that a settlement was reached between state agencies and Danish offshore wind developer Ørsted over two cancelled offshore wind projects in the state. Ørsted said last October that […]
UAE’s energy giant Adnoc has selected two South Korean shipbuilders to build six liquefied natural gas (LNG) carriers following a tender. LNG Prime was the first to report in January this year, citing shipbuilding sources, […]
Golar LNG’s unit Macaw Energies will deploy its first small-scale liquefaction unit next month at a flare gas site in Texas for live testing and commercial use, according to Golar LNG’s CEO Karl Staubo. Golar […]
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