Syria’s caretaker government is moving to restore the Kirkuk-Baniyas oil pipeline with Iraq, a strategic corridor that had the capacity to move up to 300,000 barrels per day to Syria’s Mediterranean coast before war and sanctions shut it down in the early 2000s. Syrian Energy Minister Mohammed al-Bashir will travel …
Read More »India Braces for Power Price Hikes as Nuclear Plant Undergoes Maintenance
India could see spikes in power prices in the coming weeks as supply will be constrained and procurement costs will rise with the shutdown of a unit at the country’s largest nuclear power plant for maintenance. India has now shut the 1-GW Unit 1 at the Kudankulam nuclear power plant …
Read More »The Global Struggle to Meet Renewable Energy Goals
Year after year, studies are showing that many countries around the world are falling short on their renewable energy targets by not accelerating away from fossil fuels to green alternatives fast enough. By the beginning of 2025, all 197 countries of the United Nations had endorsed the 2015 Climate Agreement, …
Read More »EV Batteries Get Second Life in Energy Storage Revolution
Used and recycled electric vehicle batteries are getting a second chance at life through energy storage systems across the country. Lithium-ion batteries are retired from their role powering EVs when they still have a lot of life left in them, and repurposing them for one of the fastest-growing energy industry …
Read More »New Shipbuilding Rules could Derail U.S. LNG Export Boom
The U.S. LNG export boom, strongly supported by the Trump Administration, could be undermined by separate trade rules proposed by the very same administration, which looks to revive America’s shipbuilding to counter China’s dominance. Under new mandates proposed by the U.S. Trade Representative (USTR), beginning in 2028, a total of …
Read More »Qatar Reinforces LNG Leadership, Reshapes Global Energy Landscape
In a strategic move that reinforces its position as a leading global supplier of clean energy and supports global energy security amid rising demand and mounting challenges, the State of Qatar will begin exporting liquefied natural gas (LNG) from the first phase of the North Field East (NFE) expansion project …
Read More »Syria Attempts to Revive Oil Pipeline with Iraq
Syrian Energy Minister Mohammed al-Bashir announced that he will soon travel to Baghdad, the capital of Iraq, to discuss reviving a significant project with the Iraqi government. In a televised interview, al-Bashir said that he will soon visit Iraq to discuss the rehabilitation of the oil pipeline linking the northern …
Read More »China Vows to Continue Buying Russian Oil Amid Trump’s Tariff Threats
China’s Foreign Ministry justified its imports of Russian oil on Aug. 8, suggesting Beijing will continue to purchase oil from Moscow despite U.S. President Donald Trump’s tariff threats. “It is legitimate and lawful for China to conduct normal economic, trade and energy cooperation with all countries around the world, including …
Read More »India Challenges the West with Its Own Math on Russian Trade
The European Union has increased its imports of Russian liquefied natural gas (LNG) by 9% since the war in Ukraine began in 2022, even as it calls out other nations for allegedly financing the Kremlin. According to The Economic Times, Russian LNG shipments to the bloc rose while purchases from …
Read More »U.S. Welcomes ExxonMobil Deal to Boost Gas Exploration in Libya
The U.S. Embassy in Libya has welcomed the signing of a memorandum of understanding (MoU) between American energy giant ExxonMobil and Libya’s National Oil Corporation (NOC), aimed at advancing offshore natural gas exploration and production. In a statement, the embassy described the agreement as a development that would benefit both …
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