Iranian scientists have developed the technical know-how to produce rapid gas detection kits, making Iran the third country to achieve this feat. The kits, known for their low cost and high quality, are now being exported due to their efficiency in quickly detecting gases in the oil, gas, and mining …
Read More »Russia Plans to Reconnect Zaporizhzhia to National Grid
Russia intends to reconnect the Zaporizhzhia Nuclear Power Plant (ZNPP) to the national power grid when circumstances permit, local Russian media reported on Sunday. RIA Novosti reported on Sunday that Russia intends to reconnect the Zaporizhzhia Nuclear Power Plant (ZNPP) to the national power grid when circumstances permit. The report …
Read More »Iraq still Negotiating with Mediator to Ensure Turkmen Gas Delivery
In light of the electricity crisis facing the country due to the recent reduction in Iranian gas supplies, Iraq revealed on Sunday the latest developments related to its gas deal with Turkmenistan, which it has been pursuing for almost a year. The Iraqi Ministry of Electricity firmly denied the allegations …
Read More »Asia Dominated Global IPO Landscape in 2024
Asian stock markets continued to surge in popularity in 2024, outperforming the languishing UK market in IPOs. Throughout this year, Asia has dominated on stock exchange floats, with over 600 IPOs throughout the year, more than two thirds of the 867 floats globally in 2024, according to data from Globaldata. …
Read More »Sanctioned Russian LNG Cargo Stranded at Sea
The shadow fleet of liquefied natural gas carriers transporting blacklisted Russian LNG has encountered a major setback, with at least one ship’s cargo traveling around the world, finding no buyers as the cargo was deemed too risky. Bloomberg reports that an LNG carrier called “Pioneer,” carrying a sanctioned shipment of …
Read More »U.S. Oil, Gas Drillers Hold the Line during Holiday Week
The total number of active drilling rigs for oil and gas in the United States stayed the same again this week, according to new data that Baker Hughes published on Friday, after seeing no change in the two weeks prior. The total rig count remained flat at 589 total rigs, …
Read More »Shell Closes Oil Unit at Singapore Refinery to Investigate Leak
Shell has shut down one of its oil processing units at its refinery complex in Singapore to investigate a suspected leak in the system, the Maritime and Port Authority of Singapore (MPA) said on Friday. The Shell Energy and Chemicals Park at Pulau Bukom, Singapore, is the supermajor’s only energy …
Read More »Ukraine Gets Its First U.S. LNG Cargo via Greek Terminal
Ukraine has taken delivery of its first U.S. LNG cargo at a Greek terminal as Ukraine and Europe look to bolster their energy security by reducing their dependence on Russian gas, Ukraine’s largest private energy company, DTEK, said on Friday. The delivery of approximately 100 million cubic meters of gas, …
Read More »India Keeps Coal Power at Full Throttle
India’s commitment to coal remains stronger than ever, and the government’s latest move to extend the mandate for coal-fired plants to run at full capacity until February 28 is proof of that. In a world where renewables may be slowly gaining ground, coal continues to power over 70% of India’s …
Read More »European Gas Prices Soar as Putin Says a New Ukraine Transit Deal Is Unlikely
Europe’s benchmark natural gas prices soared on Friday by the most in a week after Russian President Vladimir Putin said on Thursday that the chances of a new deal for Russian gas flows to Europe via Ukraine are low. Dutch TTF Natural Gas Futures, the benchmark for Europe’s gas trading, …
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