China Braces for a Winter That Could Break Its Power Grid
China is heading into winter expecting record power use again, and officials are already warning that both electricity load and daily gas demand are likely to set new highs. The…
Petrobras trims $109 billion capex plan as lower oil prices pressure dividends
(Bloomberg) – Brazilian oil major Petrobras announced a 2% decrease in its next five-year investment plan to $109 billion, putting dividend payments in doubt at a time of lower oil…
False-Flag Tankers Shipped Russian Oil Worth $5.4 Billion This Year
Tankers of the Russian shadow fleet have increased the use of flying false flags this year and exported $5.4 billion (4.7 billion euros) worth of Russian oil between January and…
India’s Serentica Renewables to Invest $11 Billion in Clean Energy
India’s Serentica Renewables plans to invest up to $11 billion to boost its clean energy portfolio by the end of the decade via project acquisitions and new capacity build outs,…
Rocket Attack Forces Shutdown of Gas Field in Kurdistan
The Khor Mor gas field in Kurdistan, one of the biggest gas fields in Iraq’s semi-autonomous region, has been shut down after a rocket attack hit a storage tank and…
Rural Georgia Takes On Big Tech’s AI Power Surge
One of the U.S. hotspots for data center construction, Georgia, has recently seen growing community opposition to huge data centers as residents fear their utility bills will soar and their…
Japan Could Restart World’s Largest Nuclear Plant in January
Japan could restart two reactors at the Kashiwazaki-Kariwa nuclear power plant in Japan, the world’s largest, as soon as January, if a regional assembly endorses next week the governor’s decision…
UK Risks Gas Shortages in 2030s as Domestic Output Plunges
Britain could face emerging risks to natural gas supply in the 2030s as a freefall in domestic production makes it increasingly dependent on imports, the National Energy System Operator (NESO)…
Viva Energy postpones LNG terminal call as buyers shun long-term deals
Australia’s Viva Energy has delayed the final investment decision on its proposed liquefied natural gas import terminal in Victoria, as prospective buyers refuse to sign long-term offtake deals. According to…
INOX Air Products to supply high purity nitrogen for India solar site
The nitrogen will be produced at an air separation unit that INOX AP plans to build at the facility, which is owned by ReNew Photovoltaics. The gas is used in…
