Oil & Gas

Baltic Sea Pipeline, Nordic-Baltic Hydrogen Route Explored

Today, two significant collaborations have been revealed, one for the creation of a Nordic-Baltic Hydrogen Corridor and the other for the prospective construction of offshore hydrogen pipeline network in the Baltic Sea region. The announcements represent a step toward achieving...

Caterpillar Expands Range of Mobile Power Solutions Meeting EU Stage V Emission Standards with New 115 kVA Power Node

Caterpillar Inc. announced the launch of the 115 kVA Cat® XQP115 generator set, a new mobile power solution that extends the company’s lineup of mobile power solutions that meet European Union (EU) Stage V emission standards. Fully designed and tested...

Brussels Pushes Gas Price Ceiling Citing EU Displeasure

The European Commission has failed to submit the legislative proposal required for the development of a prospective EU-wide gas price ceiling, and countries continue to disagree on the matter ahead of a meeting coming up where ministers were supposed...

Stiff Contest To Become The Next US LNG Exporter To Europe

Eight months have passed since Russia invaded Ukraine, which caused a spike in global commodity prices and sent energy-starved nations into a frenzy of competition to locate new fuel supplies in time for the upcoming winter. Although the US exported...

European Refiners Overstocked As Anxiety of Oil Crisis Fades

As a result of the impending EU ban on Russian oil, European refineries are now overstocked with petroleum, contrary to expectations. The front-month Brent crude futures gap shrank significantly as demand for physical oil increased and concerns over the...

US, EU Plan New Pact Targeting Oil And Gas Methane Emissions

In an effort to increase efforts to cut emissions of the potent greenhouse gas methane from the fossil fuel sector, the United States and the European Union intend to unveil a joint accord at the U.N. climate summit soon....

Sakhalin 2 From Russia Estimates A Drop In LNG Shipments

The Sakhalin 2 development in Russia's far east may need to restrict gas production, according to state-controlled gas giant Gazprom, in order to prolong the life of the project. Sakhalin 2's newly established operator, Sakhalinskaya Energiya, reported in its most...

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