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Natural Gas
Wave of LNG Tankers Is Overwhelming Europe in Energy Crisis and Hitting Natural Gas Prices
60 liquified natural gas vessels are slow sailing or anchored around Northwest Europe, the Mediterranean, and the Iberian Peninsula, according to MarineTraffic.…
Oil Price
Portugal’s Galp Quarterly Profit up 16% On Higher Oil Prices, Better Margins
Portuguese oil and gas company Galp Energia reported a 16% increase in adjusted third-quarter profit on Monday, thanks to soaring oil prices and a near-doubling…
Electricity Transmission
EIB Invests Nearly Half a Billion Euros in Major German Grid Expansion Plan
The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity …
Carbon Emissions
IEA: Global CO2 Emissions to Grow, but by a Fraction of 2021’s Increase
IEA said it expects CO2 emissions to increase by nearly 300 million metric tons in 2022, to a total of 33.8 billion metric tons.
Solar Power Plant
South Africa's Gold Fields Bets on Solar to Cut Costs and Carbon
A new solar power plant at Gold Fields' (GFIJ.J) South Deep mine near Johannesburg, will supply 24% of its electricity.
Hydrogen Production
Goldman Sachs: Hydrogen Generation Could Grow Into $1 Trillion per Year Market
The EU plans to install 40 gigawatts of electrolyzers within its borders and support the development of another 40 gigawatts of green hydrogen in nearby countri…
Can Grid Expansion Keep up With Surge in Solar Power Generation?
Solar power generation to surge in the near to medium term.
Methane Levels Near Nord Stream Leak Area Found to Be 1,000 Times Higher Than Normal
The scientific expedition to the Nord Stream leak from the University of Gothenburg has arrived back home.
Natural Gas
Energean Begins Tests at Disputed Israel-Lebanon Border Gasfield
Lebanon and Israel have engaged in on-off indirect talks since 2020 to delineate their Mediterranean border
Oil&Gas Drilling
UK Launches Licensing Round for New Oil and Gas Projects
Nearly 898 blocks and part blocks could potentially be developed under the new awarded licenses
Wind Power to Grow Nearly 2% Between 2022 and 2031: Report
This is equivalent to 25.6 gigawatts of new installed capacity.
Natural Gas
Natural Gas Markets to Remain Tight in 2023 as Russia Cuts Supply, IEA Says
Global gas consumption will decline by nearly 1% in 2022
Energy Storage Battery
TagEnergy’s First UK Battery Storage Facility Becomes Operational
Global clean energy enterprise TagEnergy’s first UK battery storage facility has commenced operations following completion of construction at the 20 MW/40 MWh …
Wind Turbine
Siemens Gamesa Will Cut Nearly 3,000 Jobs
Renewable energy giant Siemens Gamesa announced it will cut nearly 3,000 jobs as the company tries to turn around its financial fortunes.
Carbon Emissions
Changes to UN Aviation Emissions Deal Near Approval -Officials
Changes to a flagship U.N. aviation emissions agreement are closer to being approved after an airline trade group walked back objections on Wednesday.
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