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Finance

£2bn green electricity link approved to connect Scotland and England

November 18, 2024 Mariel Alumit

A £2 billion funding package has been approved for Eastern Green Link 1 (EGL1), a subsea and underground electricity cable connecting Scotland to northern England. The 196 kilometre high-voltage link will carry 2 gigawatts (GW) […]

Geopolitical

Germany’s Scholz reveals details of Putin call

November 17, 2024 Andy Del Prado

The Russian president’s stance on Ukraine has not changed, the chancellor told reporters German Chancellor Olaf Scholz has disclosed the details of his phone call with Russian President Vladimir Putin, noting that there was no […]

Geopolitical

Biden approves Ukrainian strikes deep inside Russia with US missiles – NYT

November 17, 2024 Andy Del Prado

The reported decision by the outgoing American president would signify a major policy change US President Joe Biden has reportedly authorized Ukraine to use long-range American missiles to strike targets inside Russia’s pre-2014 borders, according […]

Big Oil Companies

BP, Venture Global to supply LNG to Bulgargaz in January and February

November 17, 2024 Andy Del Prado

Bulgargaz previously sought two LNG cargoes for delivery during January and February 2025. The company recently announced that 19 international companies have expressed interest in participating in its latest tender for two LNG cargoes. This […]

Climate Crisis

Bulgaria spearheads COP29 initiative to bring down electricity prices

November 17, 2024 Andy Del Prado

  A Bulgarian-led initiative to bring down electricity prices by improving energy interconnection in the region of southeastern Europe was backed by eight countries at COP29 in Baku on Wednesday (13 November). The project was […]

Climate Crisis

The German economy’s rude awakening

November 17, 2024 Andy Del Prado

  Amidst political reshuffling at home and heightened economic headwinds coming from the other side of the Atlantic, key voices in Germany’s economy no longer sugarcoat the bleak melange of stagnation, dependency and structural decline […]

Electrical Generation / Utilities

Japan’s Jera launches second LNG unit at Goi power plant

November 17, 2024 Andy Del Prado

The power firm and LNG trader said on Thursday that the power station’s unit 2 had begun commercial operation. Jera said the new unit with a generating capacity of 780 MW uses an LNG-fired gas […]

Commodities

US Breaks Dependence on Gasoline Imports – depending on what part of the country your located

November 17, 2024 Clark Savage

In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig into […]

Geopolitical

Xi reveals Beijing’s four red lines to Biden

November 17, 2024 Andy Del Prado

The Chinese leader has warned the US president against trying to hold back the country’s economic development Chinese President Xi Jinping has laid out four sets of limits that the US should not cross, for […]

ENB Pub Note

Trump Picks Oil Field Services Boss Chris Wright as Energy Secretary

November 16, 2024 Clark Savage

ENB Pub Note: President Trump has committed to lowering our energy bills by 50%, and he is well on his way to doing that by selecting Chris Wright as Secretary of Energy. Chris is the […]

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