Europe’s energy watchdog has criticised the continent’s grid operators for being unprepared for the expected increase in renewable energy. The Agency for the Cooperation of Energy Regulators (ACER) warns that without changes to their plans, […]
bp has decided to drop its goal of reducing oil and gas production by 2030 as part of a new strategy under Chief Executive Officer Murray Auchincloss. This change marks a significant shift from the […]
Last week, LNG shipping rates also declined. “Spark30S Atlantic rates dropped for a second consecutive week, reducing by $6,250 to $51,500 per day,” Qasim Afghan, Spark’s commercial analyst, told LNG Prime on Friday. Image: Spark He […]
The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 25 LNG vessels is 94 Bcf. This compares to 22 shipments and 83 Bcf in the week […]
The South Asian country is looking for long-term energy supply deals with Moscow to support its rapid economic growth India’s oil imports from Russia rose in September as overall demand for hydrocarbons increased ahead […]
Alarmist officials endanger democracy by promoting energy transitions that may trigger a public uprising against authoritarian practices. I have frequently written over the last several years that the agenda of the climate-alarm lobby in the […]
Prime Minister Keir Starmer, along with Chancellor Rachel Reeves and Energy Secretary Ed Miliband, will announce a big plan for green energy investment in the North of England. This announcement, scheduled for tomorrow, aims to […]
Israel’s vowed reprisals on Iran, and likely escalation afterward, have jolted complacent energy markets. All eyes are on the scale and scope of Israel’s promised response to Iran’s large-scale missile barrage on Tuesday. Few eyes […]
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), September 2024 Note: The Electric Reliability Council of Texas (ERCOT) defines large flexible load as any facility drawing power from the grid with an expected peak demand capacity of 75 megawatts […]
This article was originally published by the New Jersey Monitor. After a scorching summer that saw electricity bills soar, experts told lawmakers Wednesday that they should eschew costly utility mandates, invest in technology like carbon […]
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