In a significant pivot for one of Europe’s renewable energy frontrunners, the Netherlands has announced plans to reduce its offshore wind capacity targets by up to 40%, scaling back from an ambitious 50 gigawatts (GW) […]
In a bold yet unilateral move, the European Union has rolled out its 18th sanctions package against Russia and Belarus, slashing the price cap on Russian crude oil from $60 to $47.60 per barrel. This […]
In a world where oil prices are currently languishing below $70 per barrel, with analysts predicting they could average in the mid-$60s for the remainder of 2025, it’s easy to assume a bearish outlook dominates […]
In a bold, but horrifically bad idea, may move to pressure Russia into ending its war with Ukraine, President Donald Trump has threatened to impose 100% secondary tariffs on countries purchasing Russian oil and gas if […]
In a move that has heightened tensions in one of the world’s most critical energy corridors, Iranian authorities have seized a foreign oil tanker in the Gulf of Oman on suspicion of fuel smuggling. The […]
NFE said on Tuesday that its unit has executed a five-year agreement for the deployment of the 138,350-cbm Energos Winter with state-owned EGAS. The FSRU will operate at EGAS’ LNG import terminal located at Damietta, […]
The Russian Arctic LNG 2 project, a flagship liquefied natural gas (LNG) initiative operated by Novatek on the Gydan Peninsula, appears to be pushing forward despite heavy Western sanctions. Recent vessel-tracking data indicates that loadings […]
In a series of escalating attacks that underscore the fragile security in Iraq’s oil-rich regions, drone strikes have targeted multiple oilfields in the semi-autonomous Kurdistan area, leading to the shutdown of up to 200,000 barrels […]
Germany’s Friedrich Vorwerk announced the award for the pipeline from Gasunie Germany in a statement on Tuesday. The order for the 86 km long pipeline has a “total volume in the mid-range of hundreds of […]
South Korea’s HD Hyundai Heavy Industries is eyeing a strategic leap into North Africa, as it seeks to secure long-term operating rights for Morocco’s flagship Casablanca shipyard. The latest global expansion effort comes at a […]
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