International

EU leaders failed on Friday to agree a short-term solution to the energy market crunch made worse by Russia’s invasion of Ukraine, but did offer a compromise for Spain, where increasing fuel prices prompted 12 days of blockades by lorry drivers. A debate on whether to cap energy prices, pitting …

China’s top economic planner announced a target on Wednesday (Mar 23) to produce up to 200,000 tonnes per year of green hydrogen, a zero-carbon fuel generated from renewable energy sources, by 2025, but envisions a more widespread industry over the long term. The country aims to produce 100,000 tonnes to …

Belgium has decided to postpone its nuclear phase-out scheduled for 2025 by 10 years, worried about soaring energy prices due to the Russian invasion of Ukraine. “The federal government has decided to take the necessary measures to extend the life of the two most recent nuclear reactors by 10 years,” …

European states are urgently seeking policies to stem the energy inflation tide amid conflict in Ukraine which has sparked price hikes – notably of oil, which has soared past $100 a barrel. As companies and consumers alike labour under the strain with food and energy prices soaring to multi-decade highs, …

China’s largest oil-and-gas field, Changqing oilfield, had produced over 17.7 billion cubic meters of natural gas during this winter heating season, statistics as of March 15 showed. As China’s largest natural gas production base, the oilfield supplies natural gas to more than 40 major cities, including Beijing and Tianjin. For …

Germany and Norway are weighing options to build a hydrogen pipeline to reduce their reliance on Russia for energy supplies in the wake of Moscow’s invasion of Ukraine, reported Bloomberg News. The move is said to in response to recent threat by Russia that it could consider closing the main …

The U.S. Department of Energy (DOE) announced on Wednesday that it had authorized additional exports of liquefied natural gas (LNG) from two major facilities on the U.S. Gulf Coast to help Europe alleviate reliance on Russian energy. “While U.S. exporters are already exporting at or near their maximum capacity, with …

France is willing to resume talks with Spain about building a gas pipeline connecting the two countries as Europe races to reduce its dependence on Russian gas. France, which has long resisted Spanish calls to build the link, is now willing to discuss the viability of the so-called Midcat pipeline …

Three Norwegian gas fields have had their production licenses adjusted and will thus be able to maintain their high production levels in the future. “These decisions will not significantly increase the total daily export of gas from the Norwegian continental shelf, but facilitate that the current high level of delivery …

Japan asked the United Arab Emirates on Tuesday to make “proactive contributions” as a major oil producer to help stabilize surging crude oil prices triggered by Russia’s invasion of Ukraine, and the two agreed to work closely, Prime Minister Fumio Kishida has said. After a phone call with Crown Prince …