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Net Zero Emission
Turkey Raises Greenhouse Gas Emission Reduction Target for 2030
Turkey will aim to bring its greenhouse gas emissions 41% below business-as-usual levels by 2030, raising the target from 21%, Environment Minister Murat Kurum …
Crude Oil
Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA
Russian oil output is set to fall 1.4 million barrels per day(bpd) next year after a European Union ban on seaborne exports of Russian crude comes into effect, …
Gas Turbine
Germany’s Gas Turbine Capacity Expansion Moving Too Slow
Germany is behind in its plan to expand its gas turbine capacity to 30 GW by 2030—the amount needed to stabilize its electricity distribution networks, accordi…
LNG
First Liquefied Natural Gas Exported From Mozambique
British energy giant bp is buying 100% of the output from the Coral Sul Floating LNG facility.
Natural Gas
Vietnam Leads Gas Expansion Plans in Southeast Asia: Report
A total of 56GW is either in pre-construction or construction stages.
Nord Stream 2
Potential Climatic Impact of Nord Stream Methane Leaks
Nord Stream 1 and 2 were both intentionally destroyed on September 26th, 2022. Enormous amounts of gases, mainly methane, were discharged into the ocean and eve…
Hydrogen Production
Producing Hydrogen by Catalytic Pyrolysis of Biogas
As far as the Paris Agreement is concerned, carbon capture and storage are known to be essential if the world is to have any chance at attaining the target of 1…
Floating Offshore Wind
Equinor Starts Production at Norwegian Floating Wind Farm
The Hywind Tampen floating offshore wind farm off the west coast of Norway, which will supply power to oil and gas fields and cut their emissions, started produ…
Natural Gas
‘Vaccination-Style’ Intervention Needed to Solve Energy Crisis, UK Energy Boss Says
The average U.K. household faces paying a £2,500 ($2,900) annual bill for the next two years, up from £1,400 in October 2021.
Natural Gas
German Govt Postpones Decision on Gas Price Brake
The German government is postponing its decision on a gas and electricity price brake that had been planned for Friday, said a government spokesperson.
OPEC
OPEC Cuts Oil Demand Growth Forecast Again as Economic Challenges Mount
OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth time since April and further trimmed next year's figure, citing mounting economic …
Natural Gas
Canada's Ontario to Extend Gas, Fuel Tax Cut for a Year
The Ontario government said on Sunday it will extend a fuel and gas tax cut first introduced last spring by another year to help residents cope with high inflat…
Oil Price
Iraq Wants Stable Energy Prices, Prime Minister Says
Iraq is keen to maintain stable oil prices at not more than $100 per barrel, Prime Minister Mohammed Shia al-Sudani told reporters on Saturday.
Mexico
Mexico's Pemex to Work With EPA to Bring Down Methane Emissions
Mexican state oil company Pemex said Saturday that it would work with the U.S. Environmental Protection Agency (EPA) to reduce greenhouse gas emissions - especi…
Natural Gas
COP27: Israel Says Big Boost in Gas Supply to Europe Will Take Years
Israel will require several years before it can significantly increase its natural gas supplies to Europe, the country's energy ministry said on Friday.
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