European Union ambassadors have reached an agreement on a new package of sanctions against Russia, including a price cap. The political agreement on the price cap contains measures to soften the impact of the sanctions […]
The operator of the Nord Stream gas pipeline from Russia to Germany is unable to inspect damaged caused to the two-string link because it has not yet received the relevant approvals, it said late Oct. […]
The number of LNG carriers being used as floating storage globally has hit a record high as oil majors, commodity traders and other energy companies hold onto LNG cargoes and vessels ahead of peak winter […]
The world’s largest and, more importantly, most efficient clean compressed air energy storage system is up and running, connected to a city power grid in northern China. The clean energy revolution will require huge amounts […]
Deep-rooted problems with France’s nuclear-heavy energy strategy are raising serious questions about its winter preparedness. A long-standing source of national pride, France generates roughly 70% of its electricity from a nuclear fleet of 56 reactors, […]
A new record forecast for LNG exports shows the importance of bringing on new gas supply to Australia’s economy, with strong international demand for its resources helping governments fund public services and infrastructure while underpinning […]
Record-breaking electricity prices across Europe are damaging the continent’s attempts to build a reliable low-carbon supply chain and reach its decarbonization targets, as solar and battery manufacturers face mounting costs. Rystad Energy research shows that […]
The UK is keen on speeding up the buildout of offshore wind farms in its territorial waters, a goal that was more firmly set in the new Growth Plan that contains a list of offshore […]
Norway-headquartered Aker Solutions and the construction company Balfour Beatty have signed a Memorandum of Understanding (MoU) to deliver end-to-end design and construction services to the UK offshore wind industry. Under the MoU, the partners will […]
Exxon Mobil Corp. on Oct. 4 signaled strong third quarter operating profits on the heels of the prior quarter’s all-time high as earnings from natural gas offset weaker refining and chemicals, according to a securities […]
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