China Extends Its Suspension of U.S. LNG Imports
China has not imported any liquefied natural gas from the United States since early February, data from Kpler cited by Nikkei has shown. The last LNG cargo that left the…
Spain and Portugal Hit by Widespread Blackout
A massive and sudden power outage swept across the Iberian Peninsula this afternoon, plunging vast swathes of Spain and Portugal into darkness and triggering significant disruptions to critical infrastructure and…
Iberian power outage illustrates industrial gas risks
Power outages sweeping across Spain and Portugal today (28 April) have disrupted transport networks, industries and telecommunications, raising questions about the resilience of the Iberian energy grid and its reliance…
Netherlands commits $726m for Aramis CCS as energy companies back off
The Dutch government will allocate $726m towards construction of Aramis CCS – the Netherlands’ largest carbon capture project – after energy companies Shell and TotalEnergies withdrew part of their planned…
Exxon Set to Surge Ahead of European Competitors in Low-Carbon Investment Race
After years of watching Europe’s Big Oil commit growing shares of capex to low-carbon energy solutions, U.S. supermajor Exxon is now set to overtake Shell and BP in investments planned…
China Confident in 5% GDP Growth Despite Trade War
China tried to ease concerns on Monday that the trade war with the United States would take a heavy toll on its economic growth. Policy makers expressed confidence that the…
China’s Refiners and Coal Miners Struggle With Weak Demand and Overcapacity
Chinese coal producers and oil refiners are struggling with weaker profits compared to other industrial earnings amid an oversupply of coal and refined products in a weak demand environment. Demand…
Oil Prices Tick Higher Despite Tariff Talks Confusion
Crude oil prices started trading this week with a gain despite mixed signals from Washington regarding tariff negotiations with China. At the time of writing, Brent crude was trading at…
Exports of medical oxygen tech drive growth at French manufacturer
Sales of generators for on-site medical oxygen are driving growth at France-based engineering business Mil’s, which is seeing notably strong sales for its vacuum pressure swing adsorption (VPSA) oxygen generators.…
Europe blackout exposes grid and security concerns
Power outages which today hit Spain, Portugal, and parts of France have severely impacted industrial and consumer operations and underlined the need for grid stability and more secure networks. Regardless…
