Ups

LNG

Latvia Mulls Options for Its Own LNG Terminal

Investors from the United States and the Middle East are among at least four groups expressing an interest in construction of a Liquefied Natural Gas (LNG) term…

Hydrogen Production

A Gas Giant Maps out Its Hydrogen Plan

The market for the clean-burning fuel will take a long time to develop. That may give incumbents like Air Liquide an advantage over startups.

Oil Price

India's Energy Dilemma: Is Cheap Russian Oil Worth Tensions with West?

India, Asia’s third-largest economy, faces a dilemma. It hopes to increase imports of Russian oil, currently an abundant source in a tight market, but the move…

Oil Price

Oil Expected to Stay Above $100 Amid Russia-Ukraine Crisis and Demand Push

The upside will remain limited above the $130 per barrel mark, while the $100 per barrel will be an important support to watch.

Crude Oil

US Shale Investors Worry over Impact of Output Jump

US shale oil investors are concerned that quickly ramping up production to capture soaring crude prices could upset confidence in the steady growth business mod…

Oil Exploration

Opportunities Still Exist in Kenya’s Oil, Gas Sector

Last week Kenya announced for sale 35 oil and gas exploration blocks mostly in the natural gas prone coastal Lamu Basin. This is an indication of revived upstre…

Oil Price

Goldman Sachs ups 2022 Brent Crude Oil Spot Price Forecast to $135/bbl

Goldman Sachs Research has raised its 2022 & 2023 Brent spot price forecast to $135/bbl & $115/bbl, up from $98 and $105/bbl respectively amid geopolitical tens…

Oil & Gas Trade

Hundreds of NGOs Call for Import Ban on Russian Oil, Gas

Hundreds of civil society groups and NGOs Friday called on governments worldwide to "reject and ban any import of fossil fuels from Russia" in order to cut off …

India

Accelerated Wind Energy Development in India Could Add 31.2GW Capacity by 2026

Accelerated wind energy development scenario in India would result in the installation of almost 31.2 gigawatts of wind capacity between 2022 and 2026, with a p…

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 …

Hydropower Plant

Invitation to Tender Issued for Coire Glas Main Construction Contracts

Six groups have been invited to submit tenders for construction of the proposed pumped hydro storage scheme at Coire Glas, on the shores of Loch Lochy near Inve…

Indonesia

Kuwait's Kufpec Discovers Gas, Condensate in Indonesia

Kufpec, the foreign upstream arm of Kuwait's state-owned KPC, today announced a gas and condensate discovery in the Anambas block in the Natuna Sea north of Ind…

Oil Exploration

Japan’s Inpex to Start Domestic Exploratory Drilling

Japanese upstream firm Inpex is planning to start exploratory drilling offshore the country's western Shimane and Yamaguchi prefectures in a search for oil and …

Electricity Transmission

Four Groups After EIS Contract for Panama’s 4th Power Transmission Line

Panamanian state power transmission company Etesa’s second call for bids to draft the environmental impact study for the country’s fourth main transmission li…

Solar Cell

Solar Batteries: How Renewable Battery Backups Work

Get the basics on how batteries store the sun's energy.