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Norway

Norway Oil Firm Okea to Initiate Dividend, Buy North Sea Assets

Norwegian independent petroleum firm Okea announced its first dividend payment on Monday and separately said it agreed to buy a portfolio of mostly oil-producin…

Natural Gas

BMW Exploring Energy Investments to Reduce Dependence on Natural Gas

BMW is exploring new investments in solar, geothermal and hydrogen energy to lower its dependence on natural gas warning an embargo on Russian gas would bring t…

Australia

Newly-Appointed Australian PM Anthony Albanese Wants to ‘End Climate Wars’

Mr Albanese, who was sworn in as the country’s 31st prime minister this morning, said the new government in Australia ‘represents a change’.

LNG

EMA Wants 2 More Term LNG Importers

​The Energy Market Authority (EMA) has issued a request for proposal as it seeks to appoint two more term Liquefied Natural Gas (LNG) importers for Singapore. …

Thailand

Thailand to Turn To Renewable Energy Amidst Gas Supply Challenges

​Thailand is seen turning to its renewable energy sector for a steady electricity supply as its natural gas power sector faces supply challenges amidst politic…

Joe Biden

Biden’s ‘Nuclear Deterrence’ Remarks Send Shock Waves

United States President Joe Biden sent shock waves on his first Asian trip by committing to "nuclear deterrence" for the Republic of Korea, wider military exerc…

Hydrogen Production

Denmark’s Topsoe Plans Europe’s Largest Electrolyser Plant

Danish engineering group Topsoe plans to build Europe's biggest plant making electrolysers - machines that produce the green hydrogen considered a cornerstone o…

LNG

Norway’s Hammerfest LNG Plant Extends Outage Until May 27

Norway's Hammerfest LNG plant is now expected to restart on May 27, four days later than the previous plan and further delaying operations since a fire in 2020,…

Natural Gas

Iran Seeks to Revive Gas Project With Oman Ahead of Raisi Visit

Iranian Oil Minister Javad Owji met Oman’s foreign and energy ministers in Muscat and discussed reviving a project to develop a shared gas field that’s been s…

Nuclear Power Plant

EDF: Hinkley Point C Nuclear Plant Delayed and Costs to Soar by £3BN

Costs have been estimated to range between £25bn and £26bn and the nuclear plant in Somerset is expected to start operating a year later than planned – now i…

Energy Storage Battery

Shanghai Electric Hails UK, Japan and Bangladesh Milestones

Energy solutions provider Shanghai Electric continues to ramp up progress of its construction undertakings around the world amid global uncertainty.

LNG

Natural Gas Prices Under Pressure From Soaring U.S. Demand

U.S. natural-gas prices have hit their highest level in 14 years as North American producers scramble to replenish supplies with demand soaring and storage leve…

Carbon Emissions

Could Hydrogen Be the Victor in Uk’s Hydrogen vs. Electric Truck Probe?

The UK government has launched a £200 million investigation into the future of its road freight.

OPEC

Five Major Challenges Facing the Energy Industry

Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head…

Offshore Wind Power

EDF to Deploy Underwater Drones to Inspect Offshore Wind Farms

Underwater robots will autonomously carry out maintenance work for offshore wind turbines.