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Natural Gas
Snam Will Invest €10BN by 2026 to Boost Italy’s Gas Infrastructure
The Italian gas grid operator Snam has unveiled its 2022-2026 strategic plan, in which it plans to boost Italy's role in Europe’s gas system with new …
Natural Gas
Sonatrach Eni: Sign Two Strategic Agreements on Increasing Natural Gas Supply and Reducing Emissions
Toufic Hokkar, president and CEO of Sonatrach Group, and Claudio Descalzi, general manager of Eni, signed two strategic memorandums of intent in Algiers on Mond…
Natural Gas
Turkmenistan Resumes Gas Supplies to Uzbekistan
TASHKENT, Jan 23 (Reuters) - Turkmenistan resumed gas supplies to Uzbekistan on Jan. 21 and their volume is gradually rising, Uzbek pipeline operator Uztransgaz…
Oil Price
Oil Prices Retreat in Thin Trade, but China Outlook Offers Support
Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. REUTERS/Stringer/File P…
Off-Grid
Pakistan Suffers Major Power Outage After Grid Failure
A man starts a generator outside his shop during a country-wide power breakdown in Karachi, Pakistan January 23, 2023. REUTERS/Akhtar SoomroISLAMABAD, Jan 23 (R…
Crude Oil
Russian Seaborne Crude Exports Rebound to Two-Month High in January, Report Says
A ship in the Baltic Sea on the natural gas pipeline Nord Stream 2 from Russia to Germany. An EU and G7 price cap on Russian oil has aimed to reduce Moscow&rsqu…
Nuclear Fuel
Rosatom Installed the Vessel of the Unique Russian Research Reactor – MBIR – in the Design Position
On January 18, 2023, the vessel of the world's largest multipurpose fast neutron research reactor (MBIR) was installed in its designed position at the const…
Wind Turbine
Dellner Expands Czech Manufacturing Hub
Dellner Bubenzer Group recently expanded its Czech facility, which is specifically used to manufacture products for onshore and offshore wind turbine applicatio…
Oil Exploration
All-Systems-Go for Equinor to Deploy Shelf Drilling Rig at North Sea Oil & Gas Field
Norwegian state-owned energy giant Equinor has received consent from the country’s offshore safety regulator to use one of Shelf Drilling’s jack-up …
Nuclear Equipment
French Nuclear Fleet Failure, Drought and War to Blame for Record Power Prices in 2022
Last year Europe saw very high levels of wholesale power prices, driven by gas prices that repeatedly broke all-time high records since the start of the Ukraine…
Oil & Gas Trade
OPEC Stands by 2023 Oil Demand Forecast Amid Improving Outlook in China
Opec says it is holding to its forecast demand for crude this year despite forces arraying against it. ReutersOpec stuck to its global oil demand forecast for t…
South Korea
South Korean President: Country Needs More Nuclear Power
South Korean President Yoon Suk Yeol said his country’s push to be carbon-neutral by 2050 must include construction of more nuclear power generation, in a…
Hydrogen Production
Making Hydrogen Will Consume 2% Of Total Global Renewable Capacity Growth by 2027
25 countries plus the EU have announced big ambitions for renewable hydrogen production. But how much renewable energy will be needed to make the H2 over the ne…
Electricity Trade
Drop in Power Price Predictions up to 2030 but Prices to Remain Above Pre-2021 Levels for Next Decade
New data from Cornwall Insight has shown a drop in our predictions for power prices up to 2030 as Europe secures alternative energy supplies, compensating for r…
Emissions Trading System
EU ETS and CBAM: What the Big Update to Emissions Trading Rules Means for Europe’s Key Sectors
The EU’s Emissions Trading Scheme is a vital part of the region’s decarbonisation plans. Simon Göss at carboneer digs into the new rules coming…
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