Danish shipping and logistics giant A.P. Moller – Maersk has signed a memorandum of understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources for cooperation in the field of green marine fuel production.
PORT OF SPAIN, Nov 15 (Reuters) – Trinidad and Tobago’s Cabinet will make a decision soon on bids submitted for four deepwater exploration blocks that are key to expanding its natural gas production, Energy Minister Stuart Young said.
According to Galushchenko, this attack may have an impact not only on the energy system of Ukraine, but also on the energy systems of some neighbouring countries.
The Institute for Energy Policies and Research (INSTEPR) in consultation with other civil society organizations and industry experts will organise a forum to engage the government to find a lasting solution to the Tema Oil Refinery (TOR) problem.
As the 27th United Nations Climate Change Conference continues its second week of meetings, talks, and events in Sharm el Sheikh, Egypt, big energy deals are being made and futuristic decarbonization plans are being laid. Despite the fanfare, however, some of the simplest and most immediate solutions are those that require the least wheeling and dealing.
In the past and under normal circumstances, spot LNG has experienced peaks and troughs in demand and pricing mostly based on seasonal peaks for summer and winter in the main northern hemisphere markets of Europe and North Asia.
Now Bloomberg reports Freeport LNG told customers that outages at its Texas terminal, which has been closed since June and was scheduled to reopen by mid-November, could be delayed further. People with direct knowledge of the situation said LNG shipments for November and December are likely to be canceled as maintenance work continues on the liquefaction plant. Also, regulatory approvals could prolong the start date.
The lowest oil inventories in developed economies since 2004 are set to combine with the upcoming EU embargo on Russian oil imports to further tighten the oil market and the already “exceptionally tight” diesel markets, the International Energy Agency (IEA) said on Tuesday.
COP27 is highlighting the controversial and sometimes contradictory nature of carbon credits as proposals for crediting schemes spark debate and even heckling at the event currently in its second and final week in Sharm El Sheikh, Egypt.
The threat of sharply rising gas prices and supply failures increases as Europe heads into winter without the reassurance of abundant cheap gas from Russia. Such gas supplies may halt completely if the European Union (EU) gives the final approval to a cap on gas prices from Russia at its meeting on 24 November. Russia’s state-owned gas behemoth, Gazprom, has stated that if the EU introduces this gas price cap, it will suspend all exports of its gas to EU countries.