US threatens Greenland-related tariffs on Europe as leaders meet
US President Donald Trump has set out plans to introduce 10% tariffs on all goods from eight European countries from 1 February for their support for Greenland as the geopolitical…
EnviTec Biogas to enter Lithuania
German biogas developer EnviTec Biogas continues to expand its European portfolio and will soon enter the Lithuania market. The firm said it had started the new year on a strong…
Avanti Helium secures deal for helium processing plant
Helium exploration and development company Avanti Helium has unveiled plans to deploy a ready-built helium processing plant at its Sweetgrass helium project in Montana. The company signed a non-binding memorandum…
How America Plans to Refill Its Emergency Oil Stockpile Using Venezuelan Crude
The Trump administration is exploring a workaround to America’s Strategic Petroleum Reserve problem: swapping heavy Venezuelan crude for U.S. medium sour barrels that can actually go straight into SPR caverns.…
China Halts Electricity Imports from Russia Due to Price Dispute
Russia is in negotiations with Beijing to potentially resume power supply to China, the Russian Energy Ministry told Reuters on Friday, after a Russian media report said that China halted…
Enverus Warns of ‘Contrasting Market Dynamics’ in 2026
In its 2026 energy outlook report, which was published recently, Enverus warned that this year is “likely to be characterized by contrasting market dynamics”. “In the first half, notwithstanding upside…
New Discoveries Fuel Egypt’s Push for Energy Independence
Companies operating in Egypt continue to make oil and gas discoveries and drill new wells at the start of the year, further boosting hydrocarbon production as the North African country…
Low Oil Prices Force Billionaire Harold Hamm to Halt Bakken Drilling
If anyone is still wondering whether the Trump Administration’s goal of $50 per barrel oil price would hurt American drillers, the answer came this week from oil tycoon and wildcatter…
Germany Relaunches Major EV Subsidy Program With Billions in Funding
Two years after abruptly ending the EV subsidies due to budget constraints, Germany is returning the incentives for buying electric vehicles with federal funds of $3.5 billion (3 billion euros)…
Azerbaijan Begins Gas Deliveries to Germany and Austria
Azerbaijan’s state energy firm SOCAR has started delivering Azeri natural gas to Germany and Austria, in another milestone for Europe that looks to ditch Russian gas by 2027. SOCAR has…
