New Rules Make German Electricity Grid Investment More Appealing
Germany’s networks regulator, Bundesnetzagentur, expects 1.4% higher revenues for electricity distribution network operators from 2029 onwards as the authority tweaks regulations to make grid investments more attractive. Bundesnetzagentur oversees the…
Nigerian Oil Companies Look to Monetize Gas and Reduce Flaring
Nigeria’s state oil firm NNPC and local producer Heirs Energies have signed a deal to capture and use the gas flared at their onshore OML 17 joint venture in a…
Senegal Moves to Seize Kosmos Offshore Gas Project
Senegal looks to nationalize an offshore natural gas project, currently operated by U.S.-based Kosmos Energy, to meet its domestic gas demand, Senegalese Energy Minister Birame Souleye Diop has said. “It’s…
New Permitting Freeze Threatens Hundreds of U.S. Solar and Wind Projects
Solar and wind project approvals on federal lands have virtually stopped this year as the Trump Administration rolls back Biden-era clean energy laws and permitting regulations and shows openly hostile…
Namibia green ammonia project secures $10m loan
The African Development Bank (AfDB) has approved a $10m loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company, to support the development of a green ammonia project. The…
Deep Discounts Tempt Indian Refiners to Seek Non-Sanctioned Russian Oil
The majority of India’s biggest refiners are buying Russian oil from non-sanctioned sellers and traders as widening discounts of Russia’s crudes to benchmarks are tempting the price-sensitive Indian importers, sources…
Kazakhstan Reroutes Kashagan Crude After Black Sea Pipeline Attack
Kazakhstan will reroute some of the oil from at its giant Kashagan oilfield toward China after a Ukrainian drone attack on an export terminal on Russia’s Black Sea reduced loadings…
EU to Slash Red Tape for Grid Upgrades
The European Union has drafted new rules for grid project approval procedures, seeking to significantly reduce wait times in a bid to alleviate the energy cost burden on businesses. According…
Australian State Launches First Gas Tender in 7 Years
The state of Victoria is tendering gas exploration licenses for the first time since 2018 in a bid to avoid a shortage, despite efforts to reduce the consumption of hydrocarbons.…
IATA fires policy broadside as SAF production rates slow
Policymakers need to learn from failure and work with the airline industry to design incentives that will work to boost sustainable aviation fuels (SAF) output, according to Willie Walsh, Director…
