BPCL said on Friday the deal with Adnoc Trading, a unit of Adnoc Gas, is “designed as a medium to long-term agreement, allowing BPCL to broaden its LNG sourcing portfolio and thus ensure competitive and […]
Donald Trump’s insistence that Europe shares more of the burden for its own defence is an opportunity, Emmanuel Macron said on Friday, as France pushes for a Europe-first approach in the EU’s defence industry […]
Germany’s stance on the EU’s upcoming Clean Industrial Deal calls for looser state aid rules and deregulation, according to a document seen by Euractiv. First revealed by Contexte, the document lays out Germany’s position […]
Russia has said that liquified gas supplies to the South Asian country could increase despite sanctions Russia is increasing liquefied natural gas production and exports despite sanctions and could expand shipments to India, First Deputy […]
The marine energy business unit of French shipbuilder Chantiers de l’Atlantique, Atlantique Offshore Energy, has won contracts to carry out preventive maintenance on two substations for future French offshore wind farms. The multi-year maintenance contracts […]
The UK has announced the Clean Industry Bonus (CIB), a new incentive scheme looking to increase investments in the offshore wind sector and push the country closer to its goal of decarbonising its energy system […]
By Wolf Richter for WOLF STREET. The summary could go something like this in terms of the past three years: More workers (employment +7.79 million, or +5.0%, BLS data), earning more money (average hourly earnings +13.4%), boosted total […]
Assisting Kiev’s war effort without US support will be a blow to the bloc’s budget, Bloomberg economists have warned The EU is facing extra costs of $3.1 trillion over the next decade if it wants […]
By Wolf Richter for WOLF STREET. As has been the case for many months, today’s Producer Price Index for January included big up-revisions of the prior month, driven by a whopper up-revision for services which account for two-thirds […]
Despite soaring solar and wind power installations, China launched construction of as many as 94.5 gigawatts (GW) of new coal power projects in 2024, the highest level since 2015, new research showed on Thursday. China also approved […]
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