Crude oil imports into the world’s top oil importer and key growth driver would be weaker in March than in February.
Read More »EU Energy Committee Calls for Priority Projects to be Aligned with 2050 Climate Goals
MEPs say the Trans-European Network-Energy regulation was set up in 2013 before the Paris climate deal was adopted and several developments have since significantly changed the landscape for energy policy.
Read More »South Pars Condensate Storage Capacity at 3.5 mb
The South Pars gas condensate storage and metering project manager announced the increase in storage capacity of gas condensate in the field to 3.5 million barrels.
Read More »Weather and Rising Inventory Drive Natural Gas to Lowest Seasonal Price in 30 Years
The lowest level in almost four years and the lowest seasonal price on record going back to 1990 has been driven by the continued absence of a cold U.S. winter.
Read More »China’s Clean Energy Switch is Driving Natural Gas Demand
China is seeing significant growth in demand for natural gas as the government encourages a switch from coal to cleaner energy.
Read More »UK Needs 120GW of New Low Carbon Capacity to Go Net Zero by 2050
Aurora Energy Research says 100GW of new renewable energy needs to be deployed. as well as 20GW of new nuclear and 3GW of CCS.
Read More »NOC Swings at Eastern Competition
Libya’s National Oil Corp. (NOC) is fighting a rearguard action to secure the company’s unity. following the establishment of a rival board of directors for the Brega Petroleum Marketing Co. (BPMC).
Read More »New York’s Largest Energy Storage System Powers Up
Key Capture Energy’s storage system supports the state’s ambition to install 3.000MW of energy storage capacity by 2030.
Read More »Gas Market Reforms Deliver Improved Trading Capabilities to Australia’s East-Coast
The Australian Energy Market Operator (AEMO) has today announced the successful launch of the Capacity Trading Platform (CTP) and Day Ahead Auction (DAA) market mechanisms. delivering improved trading capabilities.
Read More »Adnoc Buys Stake in Global Oil Storage Operator
In February. Adnoc announced that it is building the world’s largest single underground project for oil storage.
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