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Energy markets
Germany
EIB Backs Germany-UK Interconnector With €400M
Work to build the interconnector will start this year, connecting two of Europe’s largest energy markets for the first time
India
Firetrace Expands Into Chinese and Indian Markets
Firetrace International, a provider of fire suppression technology, has opened facilities in India and China, bringing its fire safety support to these rapidly …
LNG
Wood Mackenzie and Ball Corporation Introduce New Tool That Tracks Global LNG Liquefaction Train Statuses in Near Real-Time
Wood Mackenzie, Inc. a Verisk business, and Ball Corporation today announced the launch of Global LNG Liquefaction Monitoring – the first product arising from …
LNG
Oman’s LNG Output Surges to a Record 10.6 Million Tonnes in 2021
State-backed company's revenue rose to $3bn amid recovery of global energy markets
Natural Gas
Spain and Portugal Target Price Cap for Natural Gas to Combat Skyrocketing Inflation
Spiralling inflation has triggered a fresh round of state intervention in Europe, with both Spain and Portugal stepping into their domestic energy markets to cu…
LNG
Asian Gas Buyers Buzzle over Putin's Demand for Payment in Roubles
Asian importers of Russian gas were scrambling on Thursday after Russian President Vladimir Putin said "unfriendly" countries must pay for Russian gas in rouble…
Oil Price
Oil Settles Volatile Week Below US$105
In the past week, the price of US crude oil, which briefly topped US$130 a barrel amid concerns that the conflict in Ukraine will squeeze energy markets, eased …
Coal Price
Coal Use Rises, Prices Soar as War Impacts Energy Markets
The war in Ukraine is having a global impact on energy prices, not only driving the cost of oil higher, but also sending coal prices to record levels as demand …
Coal Price
Coal Prices Spike as Russia-Ukraine Crisis Escalates
The Russia-Ukraine crisis has shocked the coal and the broader energy markets, with spikes in Newcastle prices observed in recent days, says Wood Mackenzie, a V…
Australia
The Billionaire Attempting to Kill Australia’s Coal Industry
In all of the Paris Climate Agreement scenarios that could feasibly keep the world from heating by more than 1.5 degrees Celsius over pre-industrial averages, c…
Oil Price
U.S. Sanctions on Russia not Targeting Energy Markets
Actions the Biden administration took on Tuesday to punish Russia's economy over its aggression in Ukraine are not intended to hit global energy markets.
Oil Price
Asia's Energy Markets Watching for Russia-Ukraine Fallout
Asia is expected to face higher oil, gas and coal prices if Russia invades Ukraine and triggers sanctions and reprisals from the West, analysts say.
Xi and Biden Discuss Energy, Climate
The first virtual summit between US president Joe Biden and his Chinese counterpart, Xi Jinping, covered possible cooperation on stabilizing energy markets and …
Crude Oil
Opec+ Brought Stability to Oil Markets Through Its Policies, Saudi Energy Minister Says
The group delivered ‘more sustainability and more predictability’ to energy markets
Nuclear Policy
Nine EU Partners Reject French-led Electricity Reforms
Nine EU states, including Germany, on Monday rejected a French-led bid to reform Europe's wholesale energy markets as prices soar.
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