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…

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)…

EIA Sees Brent Price Dropping in 2026, 2027

The U.S. Energy Information Administration (EIA) projected that the Brent spot average price will drop in 2026 and 2027 in its latest short term energy outlook (STEO), which was released…

  • Gas
  • January 16, 2026
Gas-fired generation for data centres ‘could double by 2035’

Gas-fired generation for data centres could expand by around 30 bcm by 2030 and in high-growth scenarios, nearly double by 2035, equal to 60 bcm of incremental supply, according to…

  • Gas
  • January 16, 2026
UAE commits to supporting Nigeria LNG sector

Energy powerhouses UAE and Nigeria have signalled their intentions to collaborate in developing the west African country’s liquefied natural gas sector, among other areas. A memorandum of understanding, reportedly worth $700m, was…

Oil Prices Edge Higher as Supply Risks Remain in Focus

Summary Benchmark prices hit multi-month highs this week Significant price volatility remains likely, say BMI analysts Underlying balance still points to ample supply, says Phillip Nova analyst (Reuters) – Oil…

US Judge to Weigh Dominion Request to Restart Virginia Offshore Wind Project Stopped by Trump

(Reuters) – A federal judge on Friday will consider whether to allow Dominion Energy  to resume construction on its $11.2 billion Virginia offshore wind project in a lawsuit against the Trump…

OPEC Boosts Oil Exports to India as Russian Flows Slump

The share of OPEC crude oil in India’s import mix surged to the highest in 11 months in December as Russian shipments dropped to the lowest in two years on…

Chevron Greenlights Major Expansion of Israel’s Leviathan Gas Field

Chevron has announced the final investment decision regarding production expansion at the giant Leviathan gas field offshore Israel. “Our decision to invest in the expansion of Leviathan’s production capacity reflects…

Trump Orders Emergency Power Auction for Big Tech AI Data Centers

U.S. President Donald Trump is taking action to protect American consumers from soaring electricity bills with plans to direct the biggest U.S. grid operator, PJM, hold an emergency power auction…