EU Authorities Use Gas Price Caps To End The Energy Crisis
The leaders of the 27-nation bloc will debate whether and how to impose a cap on gas prices in an effort to slow the...
Energy Giants Back To Coal As Europe Prepares For Winter
As governments around Europe get ready for winter despite the energy crisis, energy company Orsted will continue or restart operations at three fossil fuel...
Mexico To Build $5bn LNG Plant To Help Europe Get Energy
Mexico has revealed plans to invest up to $5 billion in an LNG hub on its Caribbean coast in order to capitalise on Europe's...
Gas Markets To Be Tight Next Year Due To Supply Crunch- IEA
According to the International Energy Agency (IEA), tight gas markets are anticipated around the world in 2023 as Russian pipeline gas supplies decline and...
Brand New Baltic Pipeline Has Begun Processing Gas Flow
According to the Polish gas pipeline operator Gaz-System, gas began flowing to Poland through the new Baltic Pipe network from Norway on October 1st...
Europe may have hard time to get out of the energy crisis, WindEurope Says
According to a statement released by WindEurope on Friday, renewable investments will be at risk if EU energy ministers choose to disregard the EU-wide...
EU States Back Energy Windfall Tax, Clash On Gas Cost Cap
The member states of the European Union will get together to approve emergency taxes on energy companies' windfall profits and start talking about their...
Abu Dhabi To Obtain Regions First Underwater HVDC Network
Abu Dhabi and a Japanese, French, and Korean consortium have agreed to a $3.8 billion deal to use an undersea high voltage direct current...
Study- Energy Cos On Track To Meet Energy Transition Goal
As global renewable energy efforts gain traction, energy companies are "on pace" for their energy shift, according to GlobalData. However, GlobalData observed that power...
Oil Cost Rise Due to US Gulf Supply limits, Weaker Currency
On September 27th, more than 1% increase in oil prices from the previous day's nine-month low, helped by supply restraints in the US Gulf...