Constellation skips first earnings call since spinoff
Constellation Energy, the U.S.'s largest nuclear power company, missed its quarterly investor call for the first since it went public three years ago. Constellation didn't immediately respond to an inquiry for comment. Analysts were surprised by the lack of a phone call.
Taiwan Environment Minister Eyes Insurance Funds to Help with Green Transition
Peng Chiming, the Environment Minister, said that Taiwan hopes to receive more than $1 billion from insurance funds in order to finance its green energy transition and reduce carbon emissions as part of climate change goals. Taiwan is eager to prove that it's a responsible…
Taiwan buys Alaskan Natural Gas to avoid US Tariffs
The economy ministry announced on Monday that Taiwan was "quite interested in" natural gas from Alaska, and would continue to evaluate the feasibility of purchasing it. This is as the government tries to reduce the trade surplus and avoid tariffs with the United States. Donald Trump, the U.S.
Data shows that Russia's LNG exports in January fell by 5%.
LSEG's preliminary data on Monday showed that Russia's LNG exports in January were down 5% compared to a year ago, at 2.75 million metric tonnes. Exports of LNG were down by 10% compared to December. Due to U.S. sanctions over the conflict in Ukraine, Russia has been unable to increase LNG exports.
Senate Democrats question EPA's blocking of federal grants committed
Senate Democrats asked the newly confirmed Environmental Protection Agency administrator Lee Zeldin on Friday to explain why his agency frozen federal funds already committed to grantees. They claimed the agency had violated federal law. Democrats in the Senate Environment…
Germany builds up LNG import terminals
Germany is expanding its natural gas import options to replace Russian supply, a drive intensified by the latest suspension of Russian flows via Ukraine and U.S. President Donald Trump targeting Europe with liquefied natural gas exports.Plans also include shore-based regasification…
Germany builds LNG import terminals
Germany is increasing its natural gas imports to replace Russian supplies. This drive has been intensified due to the recent suspension of Russian gas flows via Ukraine, and U.S. president Donald Trump's targeting Europe with LNG exports. Here are some details about the…
Italian government appeals Sardinia's law restricting green projects
The Italian government filed a complaint against a law that was passed by the regional government of Sardinia in December, which placed strict limits on the development and implementation of renewable energy projects on the island. The cabinet announced the appeal late on Tuesday…
Trinidad and Tobago auctions 26 deepwater oil and natural gas blocks at the largest ever auction
Official notices state that Trinidad and Tobago offered 26 offshore oil and natural gas blocks on Tuesday in its largest ever auction of deepwater exploration and production areas. In order to fully utilize its gas processing capability, the twin-island Caribbean nation…
Freeport LNG restores Quintana Island Plant after Outage
Freeport LNG announced on Monday that its plant in Quintana, Texas has resumed full operation following an outage caused by unstable electricity from its supplier Center Point Energy last week. Last Tuesday, the third largest U.S. supplier of super-cooled gas halted its…
NextEra advances toward Iowa nuclear plant restart
NextEra Energy CEO John Ketchum said on Friday that the company has been in contact with regional grid operators about a potential restart of the Duane Arnold Nuclear Power Plant located in Iowa. Nuclear power in the United States has been on the decline for decades, but…
European firms exposed as Trump targets US offshore wind
U.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.Former President Joe Biden supported the offshore wind industry…
Portugal imports more US and Nigerian LNG in order to stop Russian supplies
The Portuguese government plans to buy more liquefied gas (LNG), mainly from the United States, and Nigeria to replace its already diminishing Russian supplies. This was announced by Environment Minister Maria da Graca Carvalho on Tuesday. Data from the electricity and gas grid operator REN show that Portugal will import 49…
Indonesia will offer carbon credits to foreign buyers in the near future
The carbon exchange in Indonesia announced that Indonesia will begin offering carbon credits to international buyers as early as next week. This is to raise money to support efforts to reach its carbon neutrality goal. Indonesia, an archipelago that has the third largest rainforest in the world…
Egypt rushes solar energy to catch up as gas prices soar
Egypt, with its few clouds, vast deserts, and well-developed electrical grid, has everything it needs to expand solar energy generation. It is only now that Egypt has begun to take advantage of these resources, as the price of imported natural gas has risen. Last year…
BOEM Advances Offshore Wind Leasing in Guam
In support of the current administration’s goals to deploy 30 gigawatts (GW) of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) today announced the publication of a Call for…
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 plan to decarbonise their power grid which relies mainly on natural gas for generation.
Data shows that Russia's LNG exports in 2024 will increase by 3%.
LSEG's preliminary data on Saturday showed that Russia's LNG exports increased by 3% to 32 million metric tonnes in 2024, with about half of it going to Europe. China, the largest Russian importer, imported more than 7 millions tons of super-cool gas. In Europe, the Russian LNG exports were mainly delivered to France this year…
Iranian Oil Prices to China Spike as Shipping Sanctions Bite
The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctions have tightened shipping capacity and driven up logistics costs, trade sources and analysts said.Rising prices for Iranian oil as well as Russian crude are raising costs…
Denmark Issues Offshore Wind Permit
The Danish Energy Agency has granted a construction permit for 240-megawatt (MW) Jammerland Bugt offshore wind farm, which is expected to start operating in 2029, developer European Energy said on Tuesday.The project is located in the Bay of Jammerland, on the western…
