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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…
Wind Farm
Masdar, CPPIB Among Those Seeking Stake in Iberdrola’s 1.4 Billion-Euro German Wind Farm
Abu Dhabi's Masdar and Canada Pension Plan Investment Board (CPPIB) are weighing binding offers for a 40% stake in Iberdrola's German offshore wind farm in a de…
OPEC
OPEC+ May Keep Production Quota Unchanged at Next Week’s Meeting
The OPEC+ group will decide at the meeting next week whether they should keep production targets steady, or a small output hike, eight anonymous OPEC+ sources t…
Wind Farm
Nordex Awarded Contract by a Consortium Comprised of Helen Oy and åLandsbanken Wind Power Fund for 148-MW Wind Farm in Finland
Premium Service of N163/5.X wind turbines for 35 years. Plans for first-time use of hybrid tower developed in-house with hub height of 168 metres.
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