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LNG

Asian LNG Prices Stable but Rises Expected on Colder Weather

Asian spot liquefied natural gas (LNG) stabilised this week but is expected to rise over the coming weeks as below-normal temperatures across much of north-east…

2022 Will Be A Critical Year for Wind Power

Both GE and Siemens lost out on revenue from wind power last year, so what’s happening in the world of wind and can we expect better results this year?

Hydropower Plant

Swiss Sustainability Fund Guides Hydropower Developers Towards Sustainability

​The sustainability fund is patronized by the Swiss government. Apart from the sovereign’s backing, the fund has the support of a few other eminent institutes…

Energy Transition

“Australia Is Falling Behind:” Clean Energy Investment Shackled by Outdated Rules

​Some of the world’s largest investors in clean energy projects have called on Australian regulators to hurry up and remove outdated energy market rules that …

LNG

U.S. Supplies Give China Muscle to Become Major Force in Global LNG Trade

Chinese firms are set to become a major trading force in the global liquefied natural gas market in coming years, thanks to liberalisations at home and recently…

Oil Price

Asia Stocks Skid on Ukraine Fears, Oil at 7-year Peak

Asian shares sagged on Monday as warnings that Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro.

Offshore Wind Power

Eni Acquires 20% Stake in Dogger Bank C Offshore Project in UK

Italian oil and gas company Eni has acquired a 20% stake in the Dogger Bank C offshore wind project in the UK following the completion of agreements with SSE Re…

Saudi Arabia

Aramco Shares Switch May Boost Saudi Renewables

Saudi Aramco, the world's largest oil-exporting company, transferred 4% of its shares to the kingdom's Public Investment Fund, which is expected to use the proc…

Natural Gas

‘Poland’s Gas Plans Will Stop Net Zero Aims’

A new report claims Polish plans for new gas projects will cost taxpayers £3.3bn and make the 2050 target for reaching net zero an impossibility.

South Africa

President Ramaphosa Calls for Expansion of South Africa’s Upstream Oil and Gas Industry

The President of South Africa, H.E. Cyril Ramaphosa, announced that the government would continue to support the development of the southern African country’s …

Oil & Gas Supply

Cutting Russia’s Oil Flow To Europe Would Be A Disaster

The Russia-Ukraine crisis has put the energy market on high alert for possible disruptions of Russian energy supplies to Europe.

Hydrogen Project

India’s Reliance Aims to Be World’s Leading Blue Hydrogen Producer

Reliance Industries, led by Mukesh Ambani, Asia’s richest man, aims to be among the largest producers of blue hydrogen at “competitive cost” in its green ene…

Oil Price

Opec+ Supply Shortfall Could Push Oil Prices Higher, IEA Says

An oil supply shortfall from Opec+ group of countries may lead to a tighter market and push prices higher, according to the International Energy Agency.

Oil Price

Oil Prices Pump over 3% on Supply Concerns over Ukraine Crisis

Oil prices rose for an eighth straight week amid growing concerns about supply disruptions as a result of intensifying geopolitical tensions in eastern Europe a…

Natural Gas

Equinor Posts US$15bn Earnings on High Gas Prices

Equinor capitalised on high prices for gas and liquids by posting earnings of US$15bn and recording free cash flow of US$25bn in Q4 2021.