The outcomes of gubernatorial races and elections of commissioners at a utility regulator could change the energy policies of several U.S. states after the midterm elections on November 8. Renewables regulations and targets in Maryland, Oregon, and Arizona could see U-turns in energy policies, depending on the outcome of the …
Read More »Iran Ready to Cooperate with GECF Members in Gas Sectors
Iranian Oil Minister voiced Iran’s readiness to cooperate with all the members of the Gas Exporting Countries Forum (GECF) in all areas of development of the gas industry. Speaking to Shana News Agency on the sidelines of the 24th GECF ministerial meeting, Javad Owji stated that Iran is one of …
Read More »China’s Sinopec Makes Major Shale Gas Discovery
China Petroleum & Chemical Corporation, Sinopec, announced a significant shale gas discovery in the country’s Sichuan basin in southwestern China on Tuesday. With a daily natural gas production of 258,600 cubic meters and an evaluated resource capacity of 387.8 billion cubic meters, Sinopec described the discovery as “a major breakthrough …
Read More »37 French Industrialists to Bring Energy Solutions at Adipec
37 French companies from oil and gas, petrochemical and renewables sector will be gathered in Abu Dhabi from 31 October to 3 November for Adipec, the region’s leading event in the energy sector. This year edition will focus on securing affordable and clean energy systems one year away from the …
Read More »The World’s Biggest Source of Clean Energy Is Evaporating Fast
China’s Three Gorges Dam is an awe-inspiring sight, a vast barrier across the Yangtze River that contains enough concrete to fill seven Wembley Stadiums and more steel than eight Empire State Buildings. Its turbines could singlehandedly power the Philippines. But this summer, the world’s largest power plant was eerily quiet. …
Read More »Europe’s Gas Glut to Help Ease Winter LNG Supply Crunch in Asia
Europe’s near-term natural gas supply glut means more fuel for Asia this winter. Liquefied natural gas suppliers are already looking to redirect shipments to Asia for delivery from November onward due to more attractive prices, according to traders with knowledge of the matter. Asia LNG spot prices jumped above the …
Read More »Brussels Cautions against EU-Wide Gas Price Cap for Electricity
The European Commission has warned countries that an EU-wide cap on the price of gas used to produce electricity could cause an increase in gas use and exports of EU-subsidised electricity, according to a document seen by Reuters. European Union countries’ energy ministers meet on Tuesday (25 October) to discuss …
Read More »Birol: World Is in Its First Truly Global Energy Crisis
Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of “the first truly global energy crisis”, the head of the International Energy Agency (IEA) said on Tuesday (25 October). Rising imports of LNG to Europe amid the Ukraine …
Read More »Ireland, UK to Launch Joint €74 Million Initiative on Climate Research
Dublin and London will join forces to fund a programme supporting researchers working on climate change issues, both governments announced on Monday. The €74 million initiative will fund a series of virtual collaborative research centres across Ireland, and the UK focused on work related to two key areas: climate and …
Read More »Taiwan Prepares For Chinese Invasion By Stocking Up On Natural Gas And Coal
Taiwan is stocking up on natural gas and coal in anticipation of more military action from Beijing, Reuters has reported, citing a Taipei government official. In case of a Chinese attack on the island or a blockade, Reuters wrote, the Taiwan government wanted to boost its resilience since it is …
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