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A recent study carried out by researchers at the Potsdam Institute for Climate Impact Research found that increased global temperatures caused by the emission of greenhouse gases could lead to a two-fold increase in crop pests and disease in China by the end of the century. They warn that this …

Close to a record number of liquefied natural gas tankers are crowding Gulf Coast export terminals as U.S. exports of the superchilled fuels run at record rates. Reuters reported that Gulf Coast liquefaction facilities are operating near capacity thanks to strong demand, especially from Europe, which is currently trying to …

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 …

Russian energy giant Gazprom said on Tuesday that natural gas exports outside former Soviet Union countries fell by 28.5% year-over-year to 30.7 billion cubic meters (bcm) from Jan. 1 to March 15. The company added that it continues to deliver gas as requested by consumers in full compliance with contractual …

According to the Energy and Climate Intelligence Unit (ECIU), in the period October 2021 to April 2023, windfarms are expected to pay back £660M as their contracted prices are much lower than the current wholesale cost of electricity, which has been driven up by the gas crisis. The final saving …

Oil was up on Thursday morning in Asia, with oil futures rising in early trading and recovering some of the prior day’s losses. Investors also digested the International Energy Agency (IEA)’s statement that a decline in oil demand due to higher prices would not offset a shut-in of Russian oil …

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 …

The upheaval in oil and gas markets triggered by Russia’s invasion of Ukraine could accelerate the world’s transition away from fossil fuels, said the International Energy Agency. Western nations are looking for ways to quickly wean themselves off Russian energy exports. The U.K. and the U.S already announced bans on …