The Global Drone Market Will Be Worth US$89 Billion By 2030
According to a survey from GlobalData, the worldwide drone industry is expected to increase from US$13.7 billion in 2021 to US$89.6 billion in 2030....
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...
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...
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...
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...
Oil Consumption Rises As Refiners Ramp Up Output In China
In anticipation of greater demand and a potential increase in fourth-quarter gasoline exports, at least three Chinese state-run oil refineries and a privately owned...
Is Energy Strategy In Europe On The Right Track Or Not?
Another historic week has passed for the European energy markets, with policymakers taking the lead in defending consumers and companies from skyrocketing energy costs.
Although...