Sources say that EU plans to allow gas price cap to expire
5 days ago · EU diplomats have said that the European Union will let its gas cap expire at the scheduled time of the month. This is a sign that the worst of Europe’s energy crisis, which began in 2022, has passed. After months of high energy costs caused by Russia's slashing of gas supplies after its invasion ...
World Energy News
2 days ago · Transocean News: Bloomberg News: Transocean And Seadrill In Merger Talks, Seadrill CEO: Seadrill Is Looking To Acquire Assets And Engage In M&A., Analysts Say
Woodside Energy CEO: We Are In Discussions With
Sep 16, 2024 · Woodside Energy CEO Meg O'Neill announced on Monday that the company is in talks with U.S. onshore gas producers, pipelines and companies who share its views and outlook on liquefied gas for its Driftwood LNG Project.
Linde Is Optimistic About Clean Energy Projects Despite
Oct 31, 2024 · Linde, world's biggest industrial gas company, announced on Thursday that it is confident in its clean energy projects, despite reducing its full-year outlook due to a decline in the end markets, including mining, metals, and healthcare.
EIA Says That US Power Consumption Will Reach New Highs
Dec 10, 2024 · US issue partial guidance on clean-fuel subsidies, which chastises ethanol producers. The U.S. Government released on Friday short-term guidelines on how companies could secure clean fuel tax credit under the Inflation Reduction Act.
Official From The Energy Ministry Says Indonesia
Sep 27, 2024 · Indonesia plans to increase its wind power capacity from the current 0.5 gigawatts to 5 gigawatts by 2030, according a Friday statement made by an official of the energy ministry.
Energy Industry Events - World Energy News
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Jan 2, 2025 · Oil traders are storing as much as 80 million barrels of oil on tankers at sea, with further ships being sought as land storage sites fill up fast due to a global glut of stocks, shipping industry sources say.Traders rushed for storage after …
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Dec 11, 2024 · EIA: US Crude Imports to fall to lowest level since 1971. U.S. net crude oil imports are forecast to fall by 20% next year to 1.9 million barrels per day, their lowest since 1971, the Energy Information Administration said on Tuesday, pointing to higher U.S. production and lower refinery demand.The EIA expects the United States to produce 13.52 million bpd in 2025, up from 13.24 million bpd in ...
World Energy News
Data shows that Russia's LNG exports in 2024 will increase by 3%. LSEG's preliminary data on Saturday showed that Russia's LNG exports increased by 3% to 32 million metric tonnes in 2024, with about half of it going to Europe.