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LATEST NEWS

BP completes purchase of Archaea Energy

BP is finalizing the purchase of Archaea Energy, a leading supplier of renewable natural gas (RNG) in the United States. This marks an important step in the growth of its strategic bioenergy business.

Indonesia approves $3.07 billion for Tuna

Indonesia approves the first development plan for the Tuna offshore gas field. With an estimated total investment of $3.07 billion until production begins. The project is expected to assert Indonesia’s sovereignty in the South Sea, which is subject to numerous tensions with China.

Policy &
Energy diplomacy

U.S. funds new projects

In the United States, the Water Power Technologies Office (WPTO) has announced $16 million to support hydropower and marine energy.

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Japan maintains its Russian Gas Insurance coverage

Following the announcement of the cessation of marine war insurance, British reinsurers granted Japan 30 billion yen until March. The aim is to secure fuel imports from Japan via Sakhalin-2 in the Russian Far East at the height of winter demand.

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Indonesia approves $3.07 billion for Tuna

Indonesia approves the first development plan for the Tuna offshore gas field. With an estimated total investment of $3.07 billion until production begins. The project is expected to assert Indonesia’s sovereignty in the South Sea, which is subject to numerous tensions with China.

Vaca Muerta Argentina’s alternative to Bolivian gas

Argentina will receive less Bolivian gas next winter, while Bolivia was expected to send about 14 million cubic meters of natural gas following an agreement. Argentina is turning to alternative supplies such as the Vaca Muerta shale formation. The formation could become a key global gas supplier.

Turkey Increases Gas Reserves

In Turkey, President Tayyip Erdogan announced that the country’s total volume of natural gas is now 710 billion cubic meters.

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Biomass Energy Edition

BP completes purchase of Archaea Energy

BP is finalizing the purchase of Archaea Energy, a leading supplier of renewable natural gas (RNG) in the United States. This marks an important step in the growth of its strategic bioenergy business.