China’s New State Body to Drill Deep for Oil and Gas Reserves
Reuters is reporting that China has set up a new state body to drill for deep oil and gas reserves. They write:
Reuters is reporting...
Data Centers and EVs Will Drive Electric Demand for Years
Surya Hendry and Kartik Selvaraju of Rystad Energy explain that the build-out of data centers and the widespread adoption of electric vehicles (EVs) is...
European Union Slaps Russia with New Sanctions on LNG
Giulia Petroni of The Wall Street Journal has reported that the EU just hit Russia with sanctions on LNG shipments. The measure is aimed...
Surging Power Demand Raises Concerns
Ed Cooks of Wood Mackenzie reports that generators see big opportunities in the rise of AI. Politicians in the US have concerns about the...
Denmark Could Limit Russian Shadow Tankers in Baltic Sea
Reuters reports that Denmark is concerned that old tankers transporting oil through its straits represent a potential danger to the environment. They write:
Denmark is...
Egypt Plans to Make Its Biggest Purchase of LNG
Anna Shiryaevskaya and Stephen Stapczynski of Bloomberg report that Egypt has already suffered rolling blackouts from the extreme summer heat and is emerging as a major...
AI Making Uranium Popular Again
Geoffrey Morgan and Jacob Lorinc at Bloomberg report that uranium is up 233%, revealing the speed at which the world is embracing nuclear power once again....
India’s Gas-Fired Power Hits Multi-Year High
Sudarshan Varadhan and Sarita Chaganti Singh of Reuters tell their readers that scorching heat has driven India's gas-fired power to a multi-year high in May. They...
The World’s Largest Solar Plant Comes Online
Colleen Howe of Reuters reports China's solar farm, the biggest in the world, is now online. Howe writes:
A Chinese state-owned company said on Monday...
Asian Heat Wave Boosting LNG Demand
Emily Chow of Reuters reports that extreme temperatures across Asia are driving up LNG demand in the region. Chow writes:
Extreme temperatures across Asia are...