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Asian Buyers Demand Lower Prices for Qatar’s Long-Term LNG Deals

Asian Buyers Demand Lower Prices for Qatar’s Long-Term LNG Deals

Major LNG buyers in Asia are seeking lower prices for Qatar’s new long-term supply than the Gulf exporter is offering, complicating negotiations over offtake volumes from the massive Qatari expansion projects, sources familiar with the talks have told Bloomberg

Debunking Some Myths About Gas to Europe

Debunking Some Myths About Gas to Europe

As development of Cyprus gasfields gets closer, so the claims about their importance in supplying Europe’s gas needs get louder, totally oblivious to whether Europe needs such gas. And of course how oil and gas companies make investment decisions and where the most likely markets for our gas are. 

BP to Ditch Renewables Goals and Return Focus to Fossil Fuels

BP to Ditch Renewables Goals and Return Focus to Fossil Fuels

BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced on Wednesday to tackle investor concerns over earnings, two sources told Reuters

Solar Power Developers Launch Projects in Albania for 235 MW

Solar Power Developers Launch Projects in Albania for 235 MW

The Ministry of Infrastructure and Energy of Albania received four applications for solar power projects with a combined capacity of 235 MW. A proposed unit in Fier, the country’s photovoltaics hub, would be the second-biggest in the country

Tajikistan: The Battle for Middle Earth’s Resources

Tajikistan: The Battle for Middle Earth’s Resources

Tajikistan is a small land-locked country tucked away in southeast Central Asia. Its capital, Dushanbe, is almost equally distant, at approximately 4,500 kilometers, from Beijing, Moscow, Istanbul and Dubai. For Western governments and major corporations, the country has never been of much interest, although it is very familiar to many in the Pentagon because of Tajikistan’s 1,500-kilometer border with Afghanistan.

Yet, Another Cap!

Yet, Another Cap!

As European gas prices, since the start of February, have been trading at their highest in more than two years, in part because of low temperatures and a lack of wind and overcast skies that has hampered electricity production from renewables, there has been wide anxiety at government and industry level. Many analysts are now wondering if we are heading for another energy crisis. At the same time, it became known, that the European Commission is weighing 

Turkeys Ruling Party Submits Climate Change Bill to Parliament

Turkey's Ruling Party Submits Climate Change Bill to Parliament

Turkish President Tayyip Erdogan's ruling AK Party submitted to parliament on Thursday a climate change-related bill envisaging the establishment of a carbon market board and an emissions trading system, or ETS

Global Marine Fuel Sales Jump in 2024 on Red Sea Diversions

Global Marine Fuel Sales Jump in 2024 on Red Sea Diversions

Global marine fuel sales jumped in 2024 after attacks by Yemen's Houthis starting in late 2023 prompted most shipping companies to divert vessels around southern Africa rather than through the Red Sea, according to data and analysts

Croatias Verne, VGP Start Construction of Autonomous EV Plant

Croatia's Verne, VGP Start Construction of Autonomous EV Plant

Croatia-based autonomous mobility company Verne said on Tuesday the construction of its first production facility for autonomous electric vehicles (EV) has started near the capital Zagreb in cooperation with VGP, a pan-European provider of logistics and semi-industrial real estate

Europe’s Renewables Market Powers Battery Storage Boom

Europe’s Renewables Market Powers Battery Storage Boom

Europe’s battery storage capacity is expected to grow around five-fold by 2030, bringing with it increasing returns for energy majors, project developers and traders, as the cost of new projects falls