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HomeInternational News

International News

Russia
Finance

Russia To Set Higher Oil, Gas Taxes To Plug Budget Deficit

September 23, 2022 Mariel Alumit

Russia will squeeze oil and gas producers for additional funds by assessing higher taxes, according to a new Russian draft budget. The move is telling both of the state of Russia’s oil and gas producers […]

Industry
Carbon Capture

Industry leaders back plans for zero-emissions aluminium, ammonia and steel

September 23, 2022 Mariel Alumit

More than 200 industry leaders have endorsed strategies from the Mission Possible Partnership (MPP) to decarbonise some of world’s hardest-to-abate, carbon-intensive industries in this decade. New plans released at New York Climate Week for production […]

Spain-France
International News

Spain-France gas pipeline capacity increased and available, Spain says

September 23, 2022 Mariel Alumit

IRUN, Spain, Sept 22 (Reuters) – The capacity of a Spain-France gas pipeline has been increased and can be used immediately if needed, Spain’s energy minister said on Thursday. Grid operator Enagas ENAG.MC said, however, the plan was to […]

CIL to ink pacts with BHEL, IOCL and GAIL to set up four coal gasification projects
International News

CIL to ink pacts with BHEL, IOCL and GAIL to set up four coal gasification projects

September 23, 2022 Stu Turley

“Coal India Limited (CIL), under the aegis of Ministry of Coal, will be inking three major Memorandum of Undertaking (MoU) on September 27,” the coal ministry said in a statement. New Delhi: State-ownedCILwill sign agreements […]

Coal phaseout in India could make electricity cost 40 per cent less by 2050
International News

Coal phaseout in India could make electricity cost 40 per cent less by 2050

September 23, 2022 Stu Turley

According to the study, some key Indian states could have 100 per cent sustainable energy by as early as 2035. Some of the coal dependent states such as Uttar Pradesh, Odisha, West Bengal, Maharashtra, Gujarat […]

Investment
ENB Pub Note

Nations must regulate, invest in clean energy to bring down costs: Report

September 23, 2022 Mariel Alumit

ENB Pub Note: If you hit your big toe with a hammer. Do you then hit your other big toe to make it feel like the other one? If the EU has already done this […]

Chancellor
ENB Pub Note

Chancellor announces new Growth Plan with biggest package of tax cuts in generations

September 23, 2022 Mariel Alumit

ENB Pub Note: Why can’t Biden take economics classes from Kwasi Kwarteng, the UK Chancellor? Fewer regulations, lowering taxes, and encouraging all forms of energy, including oil and gas, seem like a good plan. One […]

Libya
Crude Oil News

Libya’s Oil Output Inches Higher Despite Political Tensions

September 23, 2022 Mariel Alumit

Libya’s oil production rose by 3,000 barrels per day (bpd) to 1.186 million bpd on Thursday, according to the National Oil Corporation (NOC), as the African OPEC member exempted from the OPEC+ deal has seen a recovery […]

Powergrid Corporation looking to ramp up investments in energy storage projects
International News

Powergrid Corporation looking to ramp up investments in energy storage projects

September 23, 2022 Stu Turley

The idea is to benefit from the larger national ambition for renewable energy integration in the grid.New Delhi: State-ownedpowertransmission utilityPowergrid Corporationof India (PGCIL), is looking to ramp up focus on setting up energy storage projects […]

EU
Commodities

EU watchdog proposes emergency brake for energy markets

September 23, 2022 Mariel Alumit

LONDON (Reuters) -A temporary brake on gas and electricity derivatives when prices spike could improve how energy markets operate, the European Union’s securities watchdog proposed on Thursday, along with more fundamental changes over time. The […]

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