European Countries Pledge 100 GW of Interconnected Wind Capacity
A dozen European countries made a pledge today to build 100 GW of new wind power capacity as a means of reducing the consumption of oil and gas. For the…
China Opens Lithium Market to Overseas Investors
China will open up futures markets for 14 commodities, including lithium carbonate and nickel, to foreign investors, Bloomberg reported today, citing a statement by the China Securities Regulatory Commission. The…
Repsol approves 100MW green hydrogen plant
Madrid-based integrated energy firm Repsol will build a 100MW green hydrogen plant to supply its Bilbao refinery, after securing funds from the country’s recovery and resilience plan. Expected to be…
EU approves Russia gas ban by late 2027
EU countries have given their approval to ban Russian gas imports by late 2027, four years after the invasion of Ukraine. Countries approved the law in Brussels although Slovakia and…
Analyst Explains ‘Massive Rise’ in USA NatGas Prices Today
In an exclusive interview with Rigzone on Monday, Ole R. Hvalbye, a commodities analyst at Skandinaviska Enskilda Banken AB (SEB), said the “massive rise” in U.S. natural gas prices today…
Cold Weather Forces PJM to Preemptively Secure Gas-Fired Electricity
PJM Interconnection has committed to buy electricity from gas-fired power plants until the end of the month in a rare move aimed at securing an uninterrupted supply during a cold…
Gold Breaks the $5,000 Barrier as Global Uncertainty Fuels Historic Rally
Gold prices continued to rally in early Asian trading on Monday, with bullion breaking through the $5,000 per troy ounce threshold for the first time in history. At the time…
What distributors should prepare for next
Last year was a positive one for most independent gas and welding supply distributors in North America. While challenges emerged, supply chain alternatives developed quickly and strengthened despite tariff uncertainties.…
EcoCeres opens first SAF plant in Malaysia
Hong Kong-based pure play renewable fuels producer EcoCeres has opened the first sustainable aviation fuels plant in Malaysia. The facility in Pasir Gudang, Johor, produces hydrotreated vegetable oil (HVO) and…
India LNG Buyers Stall Deals Expecting Record Supply Wave
India’s liquefied natural gas importers are holding up some deals spanning decades as they push to lock in cheaper prices, hoping that a surge in supply will tilt negotiations in…
