Eig

Crude Oil
U.S. Sells Oil from Emergency Reserve to Marathon, Equinor, Others
The United States has sold a 10.15 million barrel batch of oil from the Strategic Petroleum Reserve to eight companies, the Department of Energy said on Friday.…
Switzerland
GE to Supply Reserve Power to Swiss Federal Office
GE Gas Power has secured an order from the Swiss Federal Office of Energy (SFOE) for the rental of eight of its trailer-mounted gas turbine units.
Energy Transition
RWE Commits to Early Coal Phase-Out, but at What Cost?
RWE has committed to ending lignite-based electricity generation in 2030, eight years ahead of schedule.
Gas Turbine
Boost for Mitsubishi Power Ammonia Gas Turbines in Singapore, Indonesia
MHI announced it is partnering with another Singapore industrial heavyweight to explore the feasibility of an ammonia-fired gas turbine in the same region.
Natural Gas
Egypt’s Natural Gas Exports Value Increases 13-Fold in Eight Years
Country exported $8bn worth of natural and liquefied gas in the 2021-2022 fiscal year, compared with $600m in 2013-2014
Crude Oil
Brent Crude Slides Below $85 a Barrel as Dollar Surges
Brent crude fell below $85 a barrel Monday, as recession fears weighed and the U.S. dollar surged.
Natural Gas
German Jan-July Gas Import Costs Surge 164% As Imports Drop 25.5%
The July statistics from Germany's foreign trade office BAFA are the fifth to reflect the impact of the war in Ukraine, which began on Feb. 24, and Western sanc…
Natural Gas
Hungary Warns Against Further EU Sanctions on Russia
Hungary’s Foreign Minister Peter Szijjarto is warning that further EU sanctions on Russia would only hurt the bloc’s members.
Natural Gas
Uniper Weighs Nationalisation Amid Energy Market Turmoil
German gas importer Uniper is flirting with nationalisation as the company suffers the longstanding financial consequences of the war in Ukraine.
Natural Gas
Germany Edges Closer to Nationalisation of Ailing Gas Importer Uniper
Uniper, government weighing bailout options
Iran
Optimism About An Iran Nuclear Deal Is Waning
The EU’s foreign affairs and security policy chief, Josep Borrell, is currently “less optimistic” that the negotiating parties could reach an agreement to re…
Oil Price
Oil Prices Ease as Russia Output Increases
Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on…
Oil & Gas Supply
Europe’s Efforts to Shield Households From Soaring Energy Costs
Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the s…
Hydrogen Production
ScottishPower Weighs 100MW Green Hydrogen Hub at Port of Felixstowe
Iberdrola subsidiary ScottishPower and port operators Hutchison Ports are investigating the opportunity to build a 100MW green hydrogen production facility at t…
Hydrogen Production
Green Hydrogen Plant to Decarbonize UK’s Largest Freight Port
The Iberdrola group is planning to build a large green hydrogen plant at the port of Felixtowe (England) which will contribute to the decarbonisation of the lar…

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Eig

U.S. Sells Oil from Emergency Reserve to Marathon, Equinor, Others

GE to Supply Reserve Power to Swiss Federal Office

RWE Commits to Early Coal Phase-Out, but at What Cost?

Boost for Mitsubishi Power Ammonia Gas Turbines in Singapore, Indonesia

Egypt’s Natural Gas Exports Value Increases 13-Fold in Eight Years

Brent Crude Slides Below $85 a Barrel as Dollar Surges

German Jan-July Gas Import Costs Surge 164% As Imports Drop 25.5%

Hungary Warns Against Further EU Sanctions on Russia

Uniper Weighs Nationalisation Amid Energy Market Turmoil

Germany Edges Closer to Nationalisation of Ailing Gas Importer Uniper

Optimism About An Iran Nuclear Deal Is Waning

Oil Prices Ease as Russia Output Increases

Europe’s Efforts to Shield Households From Soaring Energy Costs

ScottishPower Weighs 100MW Green Hydrogen Hub at Port of Felixstowe

Green Hydrogen Plant to Decarbonize UK’s Largest Freight Port