Oil & Gas

EU States Aim To Compromise On Energy-Related Steps Soon

Officials from the European Union indicated that although there is still disagreement among member states over the nature of these measures and whether gas prices should be capped, they will seek a November agreement on additional emergency measures to...

Germany Prepares For Gas Supply Crisis With €93bn Price Ease

Germany announced on October 10th that it intended to quickly put into action a 96 billion euro ($93 billion) strategy to relieve consumer pressure from skyrocketing gas prices after receiving warnings that the supply situation going into winter remained severe...

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. The widespread use of drones in the oil and gas industry, which has recently seen...

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 rise in energy costs that is threatening to put the EU's prized single market at...

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 rising energy demand, according to Mexico Business News. The announcement was made by Andrés Manuel...

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 gas consumption declines in Europe as a result of energy-saving measures and high costs. Global gas...

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 morning. The gas travelled through Denmark and the Baltic Sea before arriving in Poland. Poland's plan...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Must read