UK Regulator Greenlights Massive $37 Billion Energy Grid Overhaul
Britain’s energy regulator, Ofgem, has approved a $37.4 billion (£28 billion) investment program for energy network companies to upgrade the UK’s power and gas grids to boost their stability and…
$5 Psychological Threshold Still a Relevant Driver for NatGas
In an EBW Analytics Group report sent to Rigzone by the EBW team on Thursday, Eli Rubin, an energy analyst at the company, outlined that the “$5.00 [per million British…
Axpo and GNV complete first ship-to-ship bioLNG refuelling in Italy
Italian energy firm Axpo and ferry operator GNV have completed Italy’s first ship-to-ship bioLNG bunkering operation at the Port of Genoa. The six-hour operation involved the refuelling of 500 cubic…
Turkey Extends Gazprom Deal as It Accelerates LNG Pivot
Turkey has extended two natural gas supply contracts with Gazprom by a year, set to receive 22 billion cu m until the end of 2026, Ankara’s energy minister, Alparslan Bayraktar,…
ExxonMobil Prepares to Permanently Close Singapore Petrochemical Unit
U.S. supermajor ExxonMobil plans to permanently shut down one of two steam crackers at its huge Singaporean refining and petrochemical complex, Reuters reported on Thursday, citing anonymous sources with knowledge…
US LNG opportunities ‘lie beyond Permian basin’
LNG project developers face a critical supply chain challenge that will reshape US gas investment priorities in 2026, according to new research from Wood Mackenzie. Regions ripe for increased activity…
UK partners launch accelerator to boost early-stage SAF projects
UK-based Willis Sustainable Fuels and the Green Finance Institute are launching an accelerator aimed at supporting early-stage UK sustainable aviation fuel developments and helping scale the country’s domestic production capacity.…
Analysts See ‘5-10 Years of Decent Growth’ for Oil Demand
In a report sent to Rigzone by the Morningstar team this week, Morningstar analysts said they believe oil demand “still has five to 10 years of decent growth before plateauing…
China and India Ramp Up Thermal Coal Imports as Winter Demand Looms
Imports of thermal coal into China and India went up last month, with the two seeing shipments of a total of 44 million tons. China imported 30.96 million tons of…
UK Unveils $11 Billion Clean Energy Plan to Turbocharge Wind, Solar, and Storage
The UK government has released a five-year plan that essentially doubles down on efforts to reduce emissions of carbon dioxide as a top priority in the energy space. The plan…
