Germany Weighs Market Incentives to Boost Record Low Gas Storage Level
Germany is considering expanding a key market incentive to encourage traders to raise gas storage levels ahead of the winter, a government source told Reuters on Wednesday as German gas…
EIA Now Sees Bigger Oil Crunch in 2026, Glut in 2027
The U.S. Energy Information Administration (EIA) predicted a bigger oil market crunch in 2026 and a bigger oil glut in 2027 in its latest short term energy outlook (STEO), compared…
Hy24 and Cofides buy 29% stake in Moeve’s 300MW Onuba project
By 36 min ago 2 min read Investor Hy24 and Spanish financial institution Cofides will buy a combined 29% stake in Moeve’s 300MW Onuba green hydrogen project in southern Spain.…
Skyrenu delivers first DAC CO2 to Secant Fuel
By 39 min ago 2 min read Canadian climate tech firm Skyrenu has delivered a first batch of direct-air-captured (DAC) CO2 to clean tech company Secant Fuel. Skyrenu said it…
Turkey eyes 10 bcm annual biomethane production by 2040
Turkey has the potential to produce up to 10 billion cubic metres (bcm) of renewable biomethane per year by 2040 if existing biogas and landfill gas facilities are upgraded, according…
U.S. Investigates Suspected Cyber Attacks on Texas-Bound Tankers
U.S. Coast Guard and Federal Bureau of Investigation (FBI) agents last month boarded tankers to probe suspected cyber attacks on the vessels bound for the U.S. Gulf Coast that allegedly…
Japan’s Top LNG Buyer to Sell Excess Gas in Global Markets
The biggest Japanese LNG importer and largest power producer, JERA, plans to sell liquefied natural gas in the long term as part of a strategy to tap global LNG markets…
Saudi Arabia Pivots to Spot Oil Sales After Key Pipeline Goes Offline
So far this week, Saudi Arabia has sold as many as 20 million barrels of crude oil in the spot market to be picked up from just outside the Strait…
Japanese Refiners Rush for Oman Crude After Saudi Pipeline Shutdown
Some refiners in Japan this week rushed to buy Oman’s crude for earlier loadings after Saudi Arabia shut down its key pipeline bypassing the Strait of Hormuz, traders with knowledge…
ExxonMobil secures Class VI permit for major Texas CCS project
By 15 min ago 2 min read ExxonMobil’s Rose carbon capture and storage (CCS) project has been granted a Class VI permit for geologic storage of carbon dioxide (CO2) at…
