EU rules could overheat a gas market already on fire: Bousso
European policymakers who are worried about rising energy prices have already shot themselves in two feet. Two rules designed to manage the gas market of the region run the risk instead…
PacificLight Power builds a hydrogen-ready gas powered plant in Singapore
PacificLight Power said that it received approval on Friday from the Singapore Government to build a hydrogen-fueled gas power plant at Jurong Island. The project is part of the city's…
Top five contrarian commodity scenarios for 2025: Russell
In 2025 it may be worth being a contrarian, since the year ahead could be one of most volatile ever, especially in commodities. Donald Trump is back, threatening to disrupt the global trade flow with a wall on imports.
Top five contrarian commodity scenarios for 2025: Russell
In 2025 it may be worth being a contrarian, since the year ahead could be one of most volatile ever, especially in commodities. Donald Trump is back, threatening to disrupt the global trade flow with a wall on imports.
Japan selects two groups to participate in the third round of offshore wind power
In a third round of major public auctions, the Japan's land and industry ministries selected, on Tuesday, two consortiums as operators for offshore wind blocks, including one that included energy giant BP.
Kansai electric, a Japanese company, has invested in Iberdrola’s offshore wind project worth 1.3 billion euros.
The company announced on Friday that Japan's Kansai electric power Co had agreed to purchase a 49 percent stake in Iberdrola’s Windanker offshore project in Germany. This agreement…
TWMA Appoints Group Commercial Director
Drilling waste management specialist, TWMA, has announced the appointment of Jonathan Parkes as its new Group Commercial Director. This strategic hire comes as the Aberdeen-based company…
Putin's decree: Gas prices to fall on a milder outlook
The Dutch and British wholesale prices of gas fell slightly on Friday morning, due to a more milder forecast for the weather since mid-December. Also, Russian President Vladimir Putin…
US natgas exports to LNG plants are on track to reach a 9-month high
According to data provided by financial firm LSEG, the amount of gas going to seven large U.S. liquefied gas export plants is on track to reach a new nine-month record on Thursday.
Vattenfall invests 5 billion euros in Germany’s clean energy market
Vattenfall, a Swedish energy company, wants to invest in Germany five billion euros ($5.34billion) in climate-friendly products over the next few years. Robert Zurawski, German Finance Chief…
Spots fall as wind and nuclear power rise
European prompt electricity prices fell on Tuesday, as the wind power supply is expected to increase from levels which caused a rise in previous trading sessions. "Residual loads are lower…
Singapore is ready to grant licenses of 30 years for the importation of low-carbon energy
Singapore will grant import licenses for 30 years to companies that invest billions in low-carbon energy projects. The head of Singapore's energy regulator announced this on Wednesday.
Singapore approves the import of solar power from Australia via an undersea cable
SunCable, the project's owner, announced on Tuesday that Singapore's energy regulator has given conditional approval to a multi-billion-dollar project to pipe solar electricity 2,672 miles (2…
Germany strengthens domestic wind energy industry
Germany plans to provide state guarantees for the production of wind energy, it announced on Thursday. This is part of a package that aims to boost Germany's wind industry, amid concerns…
Grid operators claim that Britain will have enough energy this winter to meet the needs of its citizens
The UK's electricity and Gas Grid Operators expect enough supplies this winter with more power imported and domestic production available than last season and high gas storage in Europe, said they on Tuesday.
Macquarie will take a minority stake in D.E. Shaw's green power arm could be worth up to $1.73 billion
Macquarie Group’s asset management division has acquired a minority stake of the green energy arm of U.S.-based investor D.E. The Australian company announced on Tuesday that it would…
CNOOC China says fossil fuels are crucial for the near future
CNOOC Ltd, a Chinese offshore oil and natural gas company, believes that fossil fuels will continue to be a stabilising force in the global energy market for a long time. The company…
Shell and PetroChina expand Surat coal-seam gas project in Australia
Shell and PetroChina announced on Monday that they have decided to expand their Surat coal-seam gas project in Queensland. This comes amid calls from the British oil giant for increased…
Inside the Red-Hot Offshore Wind Energy Market
As the traditional offshore oil and gas markets continue to struggle, the renewable offshore wind market is hot and getting hotter.As the cumulative maritime, offshore, port and logistics…
US Energy Firm Payouts to Oil Investors Top Exploration Spending for First Time
Top U.S. energy companies last year paid out more of their earnings to shareholders than they invested in new oil and gas fields for the first time, according to a report released on…
