The Inflation Reduction Act of 2022 On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (IRA). The IRA reconciliation package includes $369 billion in funding and subsidies to support the transition […]
The UK will have to import almost all its gas and most of its oil from overseas suppliers unless billions of pounds are invested in new North Sea exploration and production facilities, a report from […]
The de facto buyers’ strike on Russian crude that began a month ago propelled oil prices to their highest levels in years. Now the real effects are starting to create a second wave of impact […]
The UK’s offshore energy industry has welcomed a speech by Boris Johnson warning that it would be “crazy” to shut down North Sea oil and gas production in the face of global shortages and price spikes. The […]
LONDON, March 16 (Reuters) – The London Metal Exchange had hoped to get the global market for nickel motoring again on Wednesday after a week in limbo. It didn’t work out as planned. The world’s […]
Russia will have to shut in some of its oil production as it will not be able to sell all the volumes displaced from European markets to other regions, with Russian crude production falling and […]
(Bloomberg) — Oil extended its rally as the U.S. and U.K. said they plan to ban Russian oil imports while oil giant Shell Plc announced it will also halt purchases from the country. Brent crude […]
Ukraine’s gas pipeline operator said on Sunday that the transmission of natural gas through its system was continuing “normally” and that it had not recorded a drop in pressure after an explosion in the area […]
ENB Publishers Note: Sanctions will not stop Putin. Sanctions only hurt the consumers, the poor, and the disproportionately impacted communities. The new China energy deal ensures cash flow. As another critical piece, Pakistan is completing […]
Energy Networks Association (ENA) has published Britain’s Hydrogen Blending Delivery Plan, setting out how all five of Britain’s gas grid companies will meet the Government’s target for Britain’s network of gas pipes to be ready to deliver […]
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