Scotland’s Wind Turbines Are Being Paid to Stand Still 37% of the Time
Operators of wind turbines in Scotland were paid to switch their turbines off 37% of the time over the first half of the year, the Financial Times has reported, an…
Oil Prices Begin the Week Lower as Trump-Putin Meeting Looms
Crude oil prices extended their losing streak from last month, opening lower today on expectations that the Friday meeting between the presidents of Russia and the United States would yield…
JP Morgan Analysts Look at August Oil Demand
Global oil demand averaged 104.7 million barrels per day in the first five days of August. That’s what analysts at J.P. Morgan, including Natasha Kaneva, head of global commodities strategy…
Work begins on Lithuania’s first green hydrogen station at port
Lithuania-based Gevalda has begun construction on what is expected to be the first station in the Baltic States to produce and supply green hydrogen for vessels. The station, which will…
Dohmeyer regains independence after split from Air Water
Cryogenic and refrigeration solutions firm Dohmeyer has separated from Air Water after six years as part of the global industrial gas and equipment company. Director Fabian Van Damme, through his…
Dohmeyer regains independence after split from Air Water
Cryogenic and refrigeration solutions firm Dohmeyer has separated from Air Water after six years as part of the global industrial gas and equipment company. Director Fabian Van Damme, through his…
CCUS hub study launched to cut steel sector emissions in Asia
A consortium of leading steelmakers and energy companies is studying the development of large-scale carbon capture, utilisation and storage hubs across Asia, which produces more than 70% of the world’s…
Quercus and Elionia close €76m financing for three Italy biomethane plants
Renewable energy specialists Quercus Real Assets and Elionia have closed the financing of three greenfield biomethane plants that will be built in northern Italy. The €76m transaction was completed through their…
Fluor to pay Santos A$692m to Santos in Gladstone LNG dispute resolution
The Queensland Supreme Court has ruled global EPC firm Fluor must pay approximately A$692m to Santos and its co-venturers over a dispute involving an engineering and construction contract. The proceedings…
New Rival Bid Emerges in Fight for Citgo’s Parent Company
A surprise bidder has entered the high-stakes auction for PDV Holding—the U.S.-based parent of Citgo Petroleum—throwing a wrench into a $7.38 billion deal already recommended by a court-appointed officer. The…
