Fossil Energy

Latest news

Germany's Initiative Energien Speichern (INES) warns that reductions in gas demand will be necessary despite high storage levels before the winter of 2024-2025.
Germany's Initiative Energien Speichern (INES) warns that reductions in gas demand will be necessary despite high storage levels before the winter of 2024-2025.
Engie and Macquarie Asset Management collaborate to expand the Mayakan gas pipeline, aiming to reduce CO2 emissions by 7.4 million tonnes per year.
Engie and Macquarie Asset Management collaborate to expand the Mayakan gas pipeline, aiming to reduce CO2 emissions by 7.4 million tonnes per year.
Offshore gas production in Southeast Asia could reach $100 billion by 2028, with massive investment and recent discoveries in Indonesia and Malaysia, according to Rystad Energy.
Offshore gas production in Southeast Asia could reach $100 billion by 2028, with massive investment and recent discoveries in Indonesia and Malaysia, according to Rystad Energy.
Spanish gas group Enagas sells its 30.2% stake in Tallgrass Energy to finance its green hydrogen projects, reinforcing its plans to invest in renewable hydrogen infrastructure.
Spanish gas group Enagas sells its 30.2% stake in Tallgrass Energy to finance its green hydrogen projects, reinforcing its plans to invest in renewable hydrogen infrastructure.
POSCO International completes construction of the Gwangyang LNG terminal, with six tanks totaling 930,000 kiloliters, marking a key milestone in South Korea's energy infrastructure.
POSCO International completes construction of the Gwangyang LNG terminal, with six tanks totaling 930,000 kiloliters, marking a key milestone in South Korea's energy infrastructure.
JERA relaunches 2.35 GW gas-fired generation units to counter declining power reserves in the Kansai region. OCCTO is asking producers to increase supply and consumers to reduce their electricity consumption.
JERA relaunches 2.35 GW gas-fired generation units to counter declining power reserves in the Kansai region. OCCTO is asking producers to increase supply and consumers to reduce their electricity consumption.
An early heat wave in Japan has energy companies looking for more liquefied natural gas (LNG) cargoes to meet increased demand.
An early heat wave in Japan has energy companies looking for more liquefied natural gas (LNG) cargoes to meet increased demand.
ADNOC has awarded a 40% share of its Ruwais LNG project to Shell, TotalEnergies, BP and Mitsui, with the aim of doubling production by 2028.
ADNOC has awarded a 40% share of its Ruwais LNG project to Shell, TotalEnergies, BP and Mitsui, with the aim of doubling production by 2028.
Shell announces impairments of up to $2 billion in Q2 2024, linked to projects in the Netherlands and Singapore, and warns of a decline in performance in the gas sector.
Shell announces impairments of up to $2 billion in Q2 2024, linked to projects in the Netherlands and Singapore, and warns of a decline in performance in the gas sector.
Russian gas exports via TurkStream fell in June due to planned maintenance, reducing flows to zero for five days.
Russian gas exports via TurkStream fell in June due to planned maintenance, reducing flows to zero for five days.
TotalEnergies has announced its withdrawal from the 11B/12B offshore gas field, posing a challenge to South Africa's energy ambitions.
TotalEnergies has announced its withdrawal from the 11B/12B offshore gas field, posing a challenge to South Africa's energy ambitions.
GE Vernova has launched the first locally manufactured H-Class gas turbine, designed to power the Jafurah ISPP power plant, marking a key milestone for the Saudi energy industry.
GE Vernova has launched the first locally manufactured H-Class gas turbine, designed to power the Jafurah ISPP power plant, marking a key milestone for the Saudi energy industry.
Toshiba installs seven gas-insulated transformers in the Haram 2 and Haram 3 substations in Makkah, enhancing the safety and reliability of the power supply.
Toshiba installs seven gas-insulated transformers in the Haram 2 and Haram 3 substations in Makkah, enhancing the safety and reliability of the power supply.
The average gas bill for the French rose by 11.7% in July, mainly due to higher network maintenance costs. This increase comes against a sensitive political backdrop.
The average gas bill for the French rose by 11.7% in July, mainly due to higher network maintenance costs. This increase comes against a sensitive political backdrop.
Saudi Aramco announces $25 billion in contracts to boost gas production, aiming for a 60% increase in sales by 2030.
Saudi Aramco announces $25 billion in contracts to boost gas production, aiming for a 60% increase in sales by 2030.
The Federal Energy Regulatory Commission (FERC) has approved construction of the Calcasieu Pass 2 power plant, a controversial liquefied natural gas (LNG) project in Louisiana, despite climate objections.
The Federal Energy Regulatory Commission (FERC) has approved construction of the Calcasieu Pass 2 power plant, a controversial liquefied natural gas (LNG) project in Louisiana, despite climate objections.
The Egyptian General Petroleum Corporation (EGPC) has awarded its first LNG tender, covering 20 cargoes. The tender attracted competitive bids from 15 market players.
The Egyptian General Petroleum Corporation (EGPC) has awarded its first LNG tender, covering 20 cargoes. The tender attracted competitive bids from 15 market players.
GE Vernova will supply gas turbines for the Taiba 1 and Qassim 1 power plants in Saudi Arabia, supporting the country's decarbonization objectives.
GE Vernova will supply gas turbines for the Taiba 1 and Qassim 1 power plants in Saudi Arabia, supporting the country's decarbonization objectives.
Israel approves the export of an additional 118 billion cubic meters of natural gas, aimed at strengthening its diplomatic relations and energy security. The Leviathan field partners are planning a $500 million investment to increase production capacity.
Israel approves the export of an additional 118 billion cubic meters of natural gas, aimed at strengthening its diplomatic relations and energy security. The Leviathan field partners are planning a $500 million investment to increase production capacity.
The Government of Guyana has selected Fulcrum LNG, headed by a former ExxonMobil executive, to collaborate with Exxon in the development of a new natural gas project.
The Government of Guyana has selected Fulcrum LNG, headed by a former ExxonMobil executive, to collaborate with Exxon in the development of a new natural gas project.
Gazprom has signed a memorandum with the National Iranian Gas Company for the supply of Russian gas to Iran, strengthening their energy cooperation despite US sanctions.
Gazprom has signed a memorandum with the National Iranian Gas Company for the supply of Russian gas to Iran, strengthening their energy cooperation despite US sanctions.
Gasum will stop importing Russian LNG from July, following new European sanctions targeting Russian gas exports.
Gasum will stop importing Russian LNG from July, following new European sanctions targeting Russian gas exports.
The United States and Norway dominate liquefied natural gas (LNG) supplies to Europe, despite unfavorable economic conditions.
The United States and Norway dominate liquefied natural gas (LNG) supplies to Europe, despite unfavorable economic conditions.
The Sierra Leonean government inaugurates a new gas-fired thermal power plant designed to double the country's energy capacity, marking a crucial step for a country where access to electricity remains limited.
The Sierra Leonean government inaugurates a new gas-fired thermal power plant designed to double the country's energy capacity, marking a crucial step for a country where access to electricity remains limited.
QatarEnergy and ExxonMobil are seeking to oust Zachry Industrial from the Golden Pass LNG project, citing the bankruptcy of the main contractor and costly delays.
QatarEnergy and ExxonMobil are seeking to oust Zachry Industrial from the Golden Pass LNG project, citing the bankruptcy of the main contractor and costly delays.
Shell buys Pavilion Energy from Temasek, expanding its access to LNG markets in Europe and Singapore, consolidating its leading position.
Shell buys Pavilion Energy from Temasek, expanding its access to LNG markets in Europe and Singapore, consolidating its leading position.

popular articles