Commodities are the lifeline to the global economy. We eat energy. Periods of strong demand often reveal strains in supply chains that lead to rapid price appreciation. Capital investment follows, with return expectations extrapolated from […]
On Thursday 22 December 2022, Luxembourg’s Ministry of Energy and Spatial Planning announced that, given the current energy crisis and price increases, the tripartite agreement of 28 September 2022 provides for measures aimed at countering […]
Forecasters warn a Sudden Stratospheric Warming (SSW) event could collapse a Polar vortex by mid-January across Britain and unleash ice, snow, and freezing temperatures. British news channel GB News quoted James Madden, forecaster for Exacta […]
By Grant Smith and Mark Cudmore, Bloomberg markets live reports and strategists Oil prices may have surrendered the bulk of this year’s gains, but the conditions are right to lure back bulls in the new […]
Home Clean fuel Reganosa upgrades Mugardos LNG terminal to operate all types of vessels Spanish LNG terminal operator Reganosa has upgraded the jetty at its Mugardos LNG import terminal in the port of Ferrol as part […]
RIYADH — The Energy Supplies Law, approved by the Saudi Council of Ministers on Tuesday, is expected to have several advantages that contribute to improving the efficiency of energy supply and promote a low-carbon circular […]
Home Fossil Energy Norway’s oil and gas player enters North Sea license with 50% interest Norwegian oil and gas company OKEA has signed a sale and purchase agreement (SPA) with compatriot DNO Norge to enter into […]
Global coal use jumped to a record high this year because of the sharp increase in natural gas prices. This prompted a wave of fuel switching away from NatGas by utilities for power generation, pushing […]
Finnish grid operator Gasgrid has chartered Exemplar for 10 years at a total cost of €460 million. The Exemplar floating storage and regasification unit (FSRU) arrived at the Finnish port of Inkoo on Wednesday and […]
Existing and prospective electricity customers in Chad, Liberia, Sierra Leone, and Togo will benefit from the new Regional Emergency Solar Power Intervention Project (RESPITE) approved today for a total amount of $311 million in International […]
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