Russia’s Oil and Gas Revenues Set to Plunge by 35% in November
Russian oil and gas revenues are poised to slump by 35% this month from a year earlier as the price of Russia’s crude has plunged and the local currency strengthened. …
Mozambique Awards State Firms 30-Year Concession for LNG Infrastructure
As supermajors advance LNG export projects in Mozambique, the southeast African country has granted a 30-year concession to its biggest state firms to build and operate infrastructure for receipt, regasification,…
LNG Shipping Rates Surge to Two-Year High as U.S. Exports Soar
Spot charter rates to hire an LNG tanker on the U.S. to Europe route have jumped to their highest level in nearly two years as soaring American exports tighten the…
European Gas Prices Hit Lowest Point Since May 2024
European benchmark natural gas prices slipped below the key threshold of 30 euros per megawatt-hour (MWh) on Monday, for the first time in a year and a half, amid strong…
German startup launches solar-powered e-fuels project
German climate-tech startup Greenlyte Carbon Technologies is using solar energy to power its new plant that produces synthetic fuels from captured carbon dioxide and green hydrogen. The LiquidSolar SNG plant…
Burgum Signs Order to ‘Unleash American Offshore Energy’
A statement posted on the U.S. Department of the Interior’s (DOI) website on Thursday revealed that U.S. Secretary of the Interior Doug Burgum has signed an order “to unleash American…
ExxonMobil ‘pauses major blue hydrogen project’ amid offtake struggles
ExxonMobil has paused plans for its giant blue hydrogen production plant in Texas, US, according to new reports. CEO Darren Woods reportedly told Reuters that the company has been struggling…
Poland waste firm secures $24m for biogas plant
Polish waste management firm Eko Dolina will receive $28m from the country’s national eco-fund to cover the construction of a biogas plant at its company site in Lezyce. The plant…
NASA awards hydrogen supply contracts to Air Products and Plug Power
NASA has awarded liquid hydrogen supply contracts to Plug Power and Air Products to deliver around 16,700 tonnes of fuel across its US facilities. The liquid hydrogen will be used…
China Forges Rare Earths Alliance with Developing Nations
China is launching a global cooperation initiative on green minerals with developing nations as it looks to consolidate its dominance in rare earth elements and other critical minerals. At the…
