UK-based start-up, affiliated with the larger European energy group NatPower Group, has revealed plans to license three ‘gigaparks’ of large battery storage projects by next year, with ambitions to expand to ten more by 2025. […]
In a statement posted on its website recently, Saudi Aramco announced that it has awarded engineering, procurement, and construction (EPC) contracts worth $7.7 billion for a “major expansion” of the company’s Fadhili Gas Plant in […]
The expansion of the Trans Mountain oil pipeline is almost complete and the project is on track to start up on May 1 after the government-owned company finished a mountainous segment in British Columbia that had delayed […]
Exxon has warned that its first-quarter income figures will be affected by lower oil prices, Reuters has reported, citing a securities filing. Besides lower oil benchmarks, the company also pointed to weaker gas prices and a […]
The UK Government has launched the British Industry Supercharger to reduce energy costs for key sectors like steel, metals and chemicals. Measures aim to align UK businesses globally, offering exemptions from certain electricity costs and […]
Ofgem launched a Market Compliance Review (MCR) last year to examine involuntary prepayment meter practices in the energy sector, aiming to prevent wrongful installations. New regulations announced in November 2023 require compliance from all energy […]
U.S. ethane production, consumption, and exports established new record highs in 2023, according to data from our Petroleum Supply Monthly. Continued growth in ethane consumption in the global petrochemical sector and rising ethane recovery associated with […]
The EU’s emissions trading scheme sectors, industry and power, saw emissions drop by 15% in 2023, putting them on track for their 2030 targets, but experts question whether this was because of – or […]
Safety concerns are at the heart of opposition to a proposed carbon dioxide pipeline in central Illinois, which would connect an ethanol plant to a proposed sequestration site about six miles away. The pipeline […]
Abu Dhabi’s AD Ports Group has entered into a preliminary agreement with the General Company for Ports of Iraq (GCPI) to establish a joint venture to develop Al-Faw Grand Port and its economic zone. The […]
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