India and China reduce electricity emissions to mitigate US coal overdrive
Researchers say that India and China have 'cut emissions by accelerating the deployment of clean energy,' offsetting the?growing? coal use in America and limiting global growth in pollutants related to climate change. According to a CREA report published this month, power sector emissions in China and India, which accounted for 93% the increase in carbon dioxide discharges from the decade up until 2024, decreased simultaneously for the first 52 years. "The drop in emissions in China in 2025 will be a sign for things to come. Both countries added record amounts of clean-power generation in the last year.
Officials claim that Indonesian President did not consult the energy ministry before revoking China's hydro permit.
Eniya Listeiani Dewi said that the Indonesian energy ministry had not been consulted before the President Prabowo decided to revoke a permit for a 'China-backed'?hydroelectric plant on Sumatra Island. The government announced on Tuesday that 28 companies had their permits revoked for environmental violations. These were alleged to have worsened the deadly floods of last year in Sumatra. The companies include PT North Sumatra Hydro Energy (NSHE), which operates the Batangtoru Hydropower facility. The company is owned by China's SDIC Power Holdings Co. Ltd.
Indian Diesel Exports to West Africa Jump as EU Bans Russian Derived Fuel
India stopped exporting diesel to the European Union this month due to the European Union's ban on fuel derived from Russian crude and instead sent a record amount to West Africa, shipping data from Kpler and Vortexa showed, while Turkey's diesel exports to the EU slowed in recent months.The developments highlight that the EU policy, aimed at punishing Russia over its 2022 full-scale invasion of Ukraine, is prompting a further reordering of intercontinental oil flows, forcing India’s oil refineries to seek new markets…
US natgas Futures Soar 119% in Five Days as Freezing Wells Cut Output to Two-Year Low, Short Covering
In Supply According This This According Met These If The Week Week Residential 33.7 44.6 36.8 28.4 29.9 U.S. Power Plant 35.2 39.1 35.6 34.4 32.5 U.S. Industrial 26.7 28.4 27.2 25.3 26.0 U.S. Plant Fuel 5.3 4.9 5.1 5.3 5.2 U.S. Eastern Gas (old 40.00 8.36 3.74 2,79 2.96 Dominion South). ICE U.S.
Tanzanian minister: Tanzania will sign $42 billion mega LNG Project before June
A senior government minister said on Monday that Tanzania is expecting to sign a deal before June for its $42 billion project to build a liquefied gas plant. Production will begin in eight years. Equinor & Shell are the joint operators for this mega-gas project. It aims to unlock 47.13 trillion cubic foot of natural gas reserves. Exxon Mobil, Pavilion Energy, Medco Energi, and Tanzania's National Oil Company TPDC, are also partners. Proposed government changes to an agreement reached in financial 2023 slowed down the development.
Ecoceres CEO: New Malaysian plant nearing full capacity at new biofuels firm Ecoceres
Ecoceres, a biofuel producer in Malaysia, said that its new plant for converting used cooking oil to sustainable aviation fuel was running at nearly full capacity. The plant is located at Tanjung Langsat, Johor Bahru, near Singapore, and produces up to 420,000 tons of SAF per year, as well as hydrotreated vegetable oils, also known as renewable fuels, as well as bio-naphtha. Ecoceres 'CEO Matti Lievonen stated at the inauguration of the plant that it is operating at 95% capacity. Ecoceres - jointly owned by Hong Kong City Gas Company Towngas and U.S. based Bain Capital -?exported their first SAF cargo in December to Europe.
Darwin LNG begins shipments on the Kool Blizzard with its first cargo
Ship-tracking data revealed that the Darwin liquefied gas plant (DLNG), operated by Australian oil producer?Santos since restarting operations, had exported its first shipment. The shipment is currently heading to Sakai in Japan. Darwin LNG stopped shipments at the end of 2023, as its previous gas supply, the Bayu Undan Field in the Timor Sea was running out. The Barossa project, owned by Santos and SK E&S and JERA, is now supplying the plant with natural gas. The Kool Blizzard, a tanker that left the Darwin LNG facility in Australia's Northern Territory (Australia) on January 25th, picked up the first cargo after the restart.
As Europe Premium widens, LNG tankers divert their eastbound route
Shiptracking data shows that traders are taking advantage of higher gas prices in Europe compared to Asia by diverting two LNG tankers originally bound for Asia towards Europe and Turkey. The fall in temperatures in northern hemisphere is boosting the heating demand in Asia and Europe, and driving up prices. On Thursday, the price of Asian LNG futures was $11.22 per million British Thermal Units (mmBtu), based on S&P Global Energy Plts Japan-Korea Marker. The benchmark front-month contract for the Dutch Title Transfer Facility hub was closed on Thursday at 38.22?euros per megawatt, or $13.17/mmBtu.
UAE utility withdraws Yemen and transfers solar energy plants to the government
Global South Utilities, based in Abu Dhabi, has handed over two solar power plants to Yemen's Public Electricity Corporation. This was after the?Yemeni government requested that all?Emirati firms leave the country. GSU informed Public Electricity Corporation in a letter of January 22 that all maintenance and operations teams had been evacuated from the Aden Solar Power Plant, with a capacity of 120 Megawatts (MW), as well as the 53 MW Shabwa solar plant. GSU stated that "Global South Utilities didn't suspend operations unilaterally" or "abruptly".
As Europe Premium widens, LNG tankers divert their eastbound route
Shiptracking data shows that traders are taking advantage of higher gas prices in Europe compared to Asia by diverting two LNG tankers originally destined for Asia towards Europe and Turkey. The fall in temperatures in the northern hemisphere is boosting heating demand. Prices are rising?in both Asia and Europe, and regional competition for LNG supplies is increasing. On Thursday, the price of Asian LNG futures was $11.22 per 100,000 British thermal units. The benchmark front-month contract for the Dutch Title Transfer Facility hub was closed on Thursday at 38.22 Euros per megawatt hour, or $13.17 per MMBtu.
Australia now offers three new offshore wind licenses
The government announced on Friday that Australia had offered offshore wind licenses for projects off the coast of Western Australia's southern coast. These projects could bring 4 gigawatts (GW) of clean energy to the state's isolated power system. The offer comes after several other offshore wind project on the east coast Australia have been pulled in the last 18 months, slowing down the sector's progress. The state has extended the subsidy for a coal mine by five more years, citing energy security. Bunbury Offshore Wind was awarded two final feasibility?licenses…
Oman signss power contracts worth $2.6 billion with Qatar's Nebras, and Korea Western Power
The Omani state-run news agency reported that Oman's Nama Power & Water Procurement had signed agreements with two consortiums, one led by Qatar's Nebras Energy while the other was headed by Korea Western Power. These agreements were for power generation projects. The agency said that the agreements were power purchase agreements for combined-cycle?turbine gas power projects in Misfah?and Duqm. It added that the Misfah combined-cycle projects will use advanced technology to increase fuel efficiency and reduce emissions. They are expected to help support grid stability and economic growth in Oman.
Sources say that during Starmer's visit, Britain and China will revive the 'Golden Era business dialogue'
Three sources familiar with this initiative have confirmed that the British and Chinese governments will be aiming to revive "golden age" business dialogues when Keir Starmer, Prime Minister of Britain, visits Beijing next Monday. Top executives from both countries are 'invited' to participate. AstraZeneca is among the British companies that will join a restructured "UK-China Chief Executive Council" according to sources who are both Chinese as well as British. The original idea for the council came from then-Prime Minster Theresa May in 2018 and then-Premier Li Keqiang, during a period that both sides called "a golden age" of relations.
Engie signs first-ever biomethane deal with Pepsi UK
Engie announced on Wednesday that it had won a 10-year contract to supply biomethane to PepsiCo UK. This is the first?deal of its kind between a biomethane manufacturer and a?food?industry?player in Britain. The utility company said that PepsiCo UK would buy 60 gigawatt-hours of biomethane per year from Engie’s newly built anaerobic digester in Northern England. It is expected that the facility will start operating in the second half 2027, and it will supply renewable gas equal to the annual consumption for about 5,000 households.
In Indonesia, environmental laws result in the loss of permits for a gold mine and a power plant owned by China.
The Indonesian government revoked permits for 28 companies, including a China-backed hydropower station and a gold mining unit operated by the conglomerate Astra International. This was in response to accusations that environmental violations had worsened floods last year. In late November, cyclones caused floods and "landslides" on the island Sumatra. The flooding and "landslides" destroyed homes and forced over a half-million residents to flee their homes. Environmental experts say the destruction was exacerbated by deforestation rampantly carried out to make room for mines and plantations.
In Indonesia, environmental laws result in the loss of permits for a gold mine and a power plant owned by China.
The Jakarta government revoked permits for 28 companies on Tuesday. They were accused of environmental violations that worsened the floods in 'last year. Floods and landslides caused by a cyclone on the island Sumatra late in November killed over 1,200 people and destroyed homes. Over a million people were displaced. Environmental experts say the destruction was exacerbated by deforestation rampantly carried out to make room for mines and plantations. The President Prabowo revoked on Tuesday the permits of 28 companies involved in forestry and oil palm, cocoa and power generation as well as mining.
Australian state approves Kimberley fracking plan, drawing anger
The state's environmental protection agency approved a controversial fracking proposal in Western Australia's remote, ecologically sensitive Kimberley region on Tuesday. This angered environmental campaigners. Bennett Resources, an American-based private subsidiary, Black Mountain Energy, presented its Valhalla Plan in 2021 for fracking?upto?20 wells. Later, it increased the amount water needed per well from 40 to 100 millions litres. A report by an Independent Expert Scientific Committee commissioned by the Federal…
Origin Energy, Australia's coal-fired power station in NSW, will continue to operate until 2029
Origin Energy announced on Tuesday that it will extend the operation all four?units?of its Eraring Power?Station?toApril 2029 to support energy supplies in New South Wales. Eraring's 2,880-megawatt coal-fired power plant was scheduled to close in August 2027. A December report from the Australian Energy 'Market Operator (AEMO), however, said that Sydney could experience blackouts if the plant is retired as planned. Australia aims to meet 82% of its energy needs with'renewable sources' by 2030. Origin CEO Frank Calabria…
Masdar and Engie, both from the UAE, reach financial closure on the 1.5 GW Khazna Solar Project
Masdar, a UAE-based company, and Engie, a French company have completed a 1.5-gigawatt project in Abu Dhabi. They secured financing from seven banks including the?Abu Dhabi Islamic Bank? and?Credit Agricole Corporate? and?Investment Bank?. According to the companies, this group includes KfW IPEX as well as BNP Paribas and HSBC. Abu Dhabi's Emirates Water and Electricity Company awarded Engie and Masdar this project in October. The companies signed a 30-year Power Purchase Agreement. The partners will finance, design, build, and operate the plant in the Al Khazna region of Abu Dhabi. They will install nearly three million 'panels.
According to a consultant, India's leading renewable state will need more coal by 2036.
According to a government report, Rajasthan will require 4,400 megawatts by 2036 in order to "meet the rising electricity demand" despite India's leading renewable energy producer adding more?"clean energy" as it retires older thermal plants. According to a letter from the Central Electricity Authority (a think-tank of the federal ministry of power), the earlier estimate of 1,900MW coal-fired energy for Rajasthan has been more than doubled. The document revealed that Rajasthan was preparing to retire 1,350 MW of its old coal-fired power plants. Central Electricity Authority has not responded to a request for comments on the letter.