Oil & Gas

Partial Embargo On Russian Crude By EU Will Not Worry Moscow

Shortly after the world's largest trading bloc agreed to put a partial embargo on Russian crude, Moscow committed to finding new importers. The European Union announced recently that most Russian oil imports will be banned by the end of the...

Search For Russian Gas Alternatives By Europe Hits Hurdles

Europe is facing stumbling blocks in its potential alternative to Russian gas in the Middle East and North Africa, as negotiations with major suppliers such as Qatar, Algeria, and Libya have proven tough. Negotiations have been hindered by reasons...

Biogaz du Haut-Geer Chooses Cat Dealer Eneria to Double Cogeneration Capabilities and Expand Sustainability Benefits for Belgian Biogas Energy Facility

Caterpillar Inc. announced that Biogaz du Haut-Geer, a utility cooperative in eastern Belgium, has selected Cat® dealer Eneria to double its cogeneration capabilities and expand the sustainability benefits of its biogas energy facility in Geer. Eneria will design, install and...

BP to invest up to £18 billion in UK energy system by 2030

BP intends to invest up to £18 billion in the UK energy system by the end of 2030, demonstrating its commitment to the country. As one of the largest oil and gas producers in the UK, bp intends to continue...

RWE charters two floating LNG terminals and takes over operational responsibility

In the effort to free Germany from its dependency on Russian gas, an important milestone has now been reached: on behalf of and in the name of the German government, RWE has chartered two so-called Floating Storage and Regasification...

Wartsila to supply added generating capacity and existing plant upgrade for repeated Egyptian customer

The technology group Wärtsilä’s strong relationship with one of Egypt’s major independent power producers (IPPs) is further enhanced with a new order. Under a contract placed in February 2022 by Kahraba, a subsidiary of Egypt Kuwait Holding (EKH), Wärtsilä...

EDF to develop 3GW of green and pink hydrogen projects worldwide by 2030

French utility EDF says it will develop 3GW of low-carbon hydrogen projects around the world by the end of the decade — derived from renewable or nuclear power — but with a fairly large caveat. In the small print of...

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