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Asia accounts for 71% of new renewable capacity, Africa remains marginalised

Asia dominated global new renewable energy capacity in 2024 with 71% of installations, while Africa recorded limited growth of only 7.2%, according to the latest annual report from IRENA.

Exxon and QatarEnergy ask US for permission to re-export LNG from October

Golden Pass LNG, jointly owned by Exxon Mobil and QatarEnergy, has asked US authorities for permission to re-export liquefied natural gas starting October 1, anticipating the imminent launch of its operations in Texas.

Hormuz Threat: Producing Countries Face an Imminent Diplomatic Crisis

The potential closure of the Strait of Hormuz places Gulf producers under intense pressure, highlighting their diplomatic and logistical limitations as a blockage threatens 20 million daily barrels of hydrocarbons destined for global markets.
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Keranic takes over Royal Helium and fast-tracks Steveville plant restart

Keranic Industrial Gas seals a sixty-day exclusivity deal to buy Royal Helium’s key assets, raise CAD9.5mn ($7.0mn) and bring Alberta’s Steveville plant back online in under fifteen weeks.

Seoul freezes electricity rates amid LNG supply risk concerns

South Korea abandons plans to lower electricity rates this summer, fearing disruptions in liquefied natural gas supply due to escalating geopolitical tensions in the Middle East, despite recent declines in fuel import costs.

Vallourec secures $50mn OCTG contract for drilling operations in Qatar

French manufacturer Vallourec will supply Qatar with premium OCTG tubes in a contract worth an estimated $50 million, supporting the planned expansion of oil and gas operations by 2030.
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TotalEnergies and QatarEnergy secure strategic exploration licence in Algeria

TotalEnergies and QatarEnergy have won the Ahara exploration licence, marking a new stage in their partnership with SONATRACH on a vast area located between Berkine and Illizi.

Global emissions: Europe reduces locally but massively outsources its pollution

Global CO₂ emissions reach a record level in 2024, while Europe reports a local decrease but significantly outsources its pollution to emerging economies, revealing a pronounced gap between stated ambitions and economic realities.

JERA plans 30% US LNG share in its portfolio by 2035

Japanese giant JERA will significantly increase its reliance on US liquefied natural gas through major new contracts, reaching 30% of its supplies within roughly ten years.
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U.S. LNG Exports Drive Natural Gas Prices Higher

Sustained growth in U.S. liquefied natural gas exports is leading to significant price increases projected for 2025 and 2026, as supply struggles to keep pace with steadily rising demand, according to recent forecasts.

Shell plans additional 12 million tonnes of LNG capacity by 2030

Shell is expanding its global Liquefied Natural Gas (LNG) capacities, primarily targeting markets in Asia and North America, to meet rising demand anticipated by the end of the decade.

Global energy investment to reach record $3.3tn in 2025, says IEA

The International Energy Agency projects a record-high global energy investment in 2025, driven by electricity and low-carbon technologies despite geopolitical and economic uncertainty.
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Tariff increases slow down energy projects in the United States

New US tariff measures are driving up energy sector costs, with a particularly strong impact on storage and solar, according to a study by Wood Mackenzie.

Hydrogen Storage in Salt Caverns: Opportunities and Challenges for Industry

Engie validates hydrogen storage in salt caverns, opening a strategic market for industrial firms and energy producers facing the rise of renewable gases and the need to diversify technical solutions to meet increasing demand.

QatarEnergy launches LNG production in the US and accelerates North Field expansion

QatarEnergy is set to begin liquefied natural gas production in the US by the end of 2025 and expand its North Field East project in Qatar starting mid-2026.
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Asian LNG market hits record with 1,946 JKM derivatives orders

Physical and derivatives trading of liquefied natural gas in Asia reached unprecedented levels during the June pricing period, with a significant increase in bids and transactions amid the shoulder season.

The European Union plans to ban all Russian gas imports by the end of 2027

Brussels announces a full exit from Russian gas by the end of 2027, despite a remaining 9% dependency and pressure on the global liquefied natural gas market.

BPCE ranked last among French banks for its carbon strategy

The NGO Reclaim Finance ranked BPCE last among twenty major European banks for its lack of commitment to the transition towards carbon neutrality, according to a study published on Tuesday.
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Qatar doubles its solar capacity with Ras Laffan and Mesaieed inaugurated

Qatar inaugurated two photovoltaic plants totalling 875 MW, doubling its solar capacity and strengthening its energy goals for 2030.

Rubio warns Venezuela of U.S. retaliation in the event of aggression against Guyana

During a visit to Guyana, U.S. Secretary of State Marco Rubio announced that any Venezuelan attack on the territory or oil infrastructure of Guyana would trigger a military response, heightening regional tensions.

Qatar Signs Agreement to Deliver 3 Million Tons of Liquefied Natural Gas to China

Qatar will supply China with 3 million tons of liquefied natural gas annually starting in 2025, under a long-term agreement with Shell, reinforcing its position in the Asian and global LNG market.

Venture Global starts LNG sales from Plaquemines

Venture Global has initiated LNG sales for early 2025 from the Plaquemines terminal, marking a key milestone in U.S. market expansion despite challenges at Calcasieu Pass.

European Natural Gas in 2026: Summer Tensions Despite Growing Global Supply

Despite planned increases in liquefied natural gas (LNG) export capacities in the United States and Qatar, European summer 2026 prices reflect supply tensions, while winter promises a more balanced market.
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Iraq Seeks to Diversify Its Oil Markets Towards Africa and Europe

Iraq explores new markets for its crude oil, targeting Europe and Africa to reduce dependence on China and India, its current main importers.

Natural gas prices hit record highs in Europe and the United States: diverging causes

Natural gas prices are soaring, reaching a record high in the United States and Europe for the past year, driven by weather forecasts for one and geopolitical tensions for the other.

The Export Ambitions of Vaca Muerta: Challenges and Realities in Argentina’s Energy Diplomacy

Vaca Muerta, one of the world’s largest shale gas reserves, places Argentina at a major strategic crossroads. Yet, with limited infrastructure, economic challenges, and energy diplomacy complexities, its export ambitions face significant hurdles.
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U.S. Thermal Coal Markets Bolstered by Rising Global Demand in 2025

Global and domestic coal consumption could support U.S. thermal coal markets in 2025, driven by increased demand in Asia and Europe, despite challenges linked to the energy transition.

Europe accelerates its race toward carbon neutrality, says Engie

The European goal of reducing greenhouse gas emissions by 2030 is within reach thanks to mature technologies, but achieving carbon neutrality by 2050 remains an ambitious challenge, according to the energy group Engie.

Russian Gas Flows to Europe via Ukraine Maintained Despite Tensions in Kursk Region

Despite escalating tensions and the preparation of a Russian counteroffensive in the Kursk region, Russian gas flows to Europe via Ukraine continue as usual, according to data from GTSOU.
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Norwegian Gas Exports to Northwest Europe Rebound in October

After a slowdown in September due to maintenance, Norwegian gas exports to Northwest Europe reached 9.56 billion m³ in October, reflecting a market still vulnerable according to Equinor.

Qatar and Japan: Talks to Strengthen LNG Energy Cooperation

During a visit to Tokyo, Qatar’s Minister of Energy discussed the future of LNG supplies with Japanese companies, as several long-term contracts approach their expiration.

Nexans creates Lynxeo, a dedicated entity for its industrial cables

Cable manufacturer Nexans announces the creation of Lynxeo, a distinct entity for its industrial cable business, aiming for greater clarity and market visibility.
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European Banks Criticized for Supporting Fossil Fuel Expansion

A report by Reclaim Finance accuses 20 European banks of promoting oil and gas expansion through significant financing, hindering energy transition goals.

Guyana and Suriname: A New Competitive Source of LNG for the 2030s

Thanks to significant gas projects, Guyana and Suriname could supply up to 12 million tonnes of LNG per year by the next decade, offering a competitive alternative in the global market.

Adnoc signs a historic agreement with SEFE to secure Germany’s LNG supply

Adnoc signs a historic agreement with SEFE to secure Germany's LNG supply
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Vestas quadruples its profit in Q3 thanks to a record order backlog

Vestas quadruples its profit in Q3 thanks to a record order backlog

Ukraine Considers an Energy Partnership with Qatar to Enhance Energy Security

Amid geopolitical tensions and critical energy dependency, Ukraine explores a partnership with Qatar to diversify energy sources and attract investment into its energy infrastructure.

QatarEnergy enters Iraq’s 1.25 GW solar project with TotalEnergies

QatarEnergy acquires 50% of TotalEnergies' solar project in Iraq, aiming to diversify the country’s energy sources and reduce import dependency, supporting Baghdad's ambitions for energy independence.
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Kuwait: Toward Drastic Gas Flaring Reduction and a Path to Carbon Neutrality by 2050

Kuwait is committed to reducing greenhouse gas emissions and achieving carbon neutrality by 2050. The plan integrates an increase in liquefied natural gas (LNG) imports, an extensive carbon capture project, and the development of electric vehicle infrastructure.

Dow: profits drop in third quarter despite modest sales increase

Hit by equipment failure and challenging economic conditions, U.S.-based Dow reports a decline in net profits for the third quarter, while revenues show slight growth.