Europe’s increased need for liquefied natural gas (LNG) looks set to intensify competition with Asia for limited new supply available over the next two years and may dominate LNG trade over the longer term, according to Shell’s LNG Outlook 2023. European countries, including the UK, imported 121 million tonnes of …
Read More »Turkiye’s First Floating Gas Storage Unit Used to Help Quake Survivors
(FSRU) is being carried out at BOTAS Dortyol FSRU Terminal in Hatay [Burak Milli – Anadolu Agency] Ertugrul Gazi, the first Turkish-flagged floating storage and gasification unit (FSRU), has been put to work at full capacity to meet the demand for natural gas after the devastating earthquakes that hit the …
Read More »Norway and Germany Team up for Pursuit of Offshore Wind
Norwegian energy company Equinor on Friday said it joined Germany’s EnBW to develop wind farms off the German coast, part of a growing regional energy shift. The German government increased its target for offshore wind energy capacity from 20 gigawatts to 30 GW by 2030, with eyes set on 70 …
Read More »Oil Prices up with Positive China Demand Outlook
Oil prices increased on Thursday on expectations of a surge in oil demand in China, the world’s largest oil importer. International benchmark Brent crude traded at $85.85 per barrel at 09.46 a.m. local time (0646 GMT), up 0.55% from the closing price of $85.38 a barrel in the previous trading …
Read More »Rosatom’s Nuclear Exports Surge in 2022
Russia’s nuclear exports were already booming well before the war in Ukraine started but now they are growing even faster. After the disaster of Chernobyl in the 80s, Russia has fully modernised its nuclear technology and switched to the VVER 1200 reactors (water-water energetic reactor) that are compliant with the …
Read More »Scientists Use Nano Carbons to Convert Methane into Hydrogen
University of Surrey researchers have found that a type of metal-free catalysts could contribute to the development of cost-effective and sustainable hydrogen production technologies. The results entitled ‘First-Principles Microkinetic Modeling Unraveling the Performance of Edge-Decorated Nanocarbons for Hydrogen Production from Methane’ have been published at ACS Applied Materials & Interfaces. …
Read More »Egypt can’t Solve Europe’s LNG Problems Overnight
For years, Egypt has been performing a tough balancing act between the West and Russia, with Cairo casting itself as an actor that both parties can lean on. Egypt was the Soviet Union’s principal ally in the Middle East during the Cold War and remains an important partner today. Last …
Read More »EU Gas Price Cap Comes into Force
An EU regulation on a gas price cap has come into effect. Two months ago, EU energy ministers agreed on a European Council regulation that sets a market correction mechanism to protect households and businesses against excessively high prices. The measure, which is temporary and will apply for one year, …
Read More »Russia Says U.S. should Prove It did not Destroy Nord Stream
The United States should try to prove it was not behind the destruction of the Nord Stream gas pipelines that connected Russia to Western Europe, the Russian embassy to the United States said on Thursday. Moscow considers the destruction of Nord Stream 1 and Nord Stream 2 pipelines last September …
Read More »ADNOC Makes First LNG Shipment to Germany from the Middle East
Abu Dhabi National Oil Co. made the first LNG delivery from the Middle East to Germany, with the UAE’s national oil company calling it a “milestone.” The delivery of 137,000 cu m of LNG is the commissioning cargo for the Elbehafen floating LNG terminal in Brunsbüttel, ADNOC and utility RWE …
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