Energy & Climate Markets
ADNOC and Thailand's Gulf Group sign agreement of LNG supplies (2 Mt/year)
The Abu Dhabi National Oil Company (ADNOC) has entered into a multi-year sales and purchase agreement (SPA) with Thailand’s Gulf Group, an e...
Infrastructure & Investments
The US commits USD4.2bn to Vistra for nuclear fleet modernisation
The US Department of Energy (DOE) has announced a conditional loan commitment of up to USD4.2bn to Vistra Corp. to support nuclear uprates a...
Energy & Climate Markets
Saudi Arabia restores East-West pipeline flows to 5.8 mb/d
Saudi Arabia’s Energy Minister has announced that oil flows through the country’s key East-West Pipeline have reached 5.8 mb/d.Commissioned ...
Infrastructure & Investments
Tunisia and Algeria launch studies for a 1.4 GW CCGT plant in Tunisia
Tunisia and Algeria have agreed to undertake the studies required for the development of a 1.4 GW power plant in Tunisia. The project was fi...
Policy & Regulatory
Chad’s NDC 3.0 sets 1.7% unconditional GHG reduction target
Chad aims to reduce its net GHG emissions by 1.7% below business-as-usual (BAU) levels by 2035 using national resources, and by 21.2% with i...
Policy & Regulatory
The EU delays methane compliance requirements for exporters by one year
Methane exporters will be granted an additional year to prepare for the European Union’s methane regulation, European Commission President U...
Policy & Regulatory
Denmark proposes measures to accelerate power grid expansion
The Danish government has proposed a package of measures to accelerate the expansion of the country’s electricity grid and reduce connection...
Companies
Cenovus Energy acquires oil sands production portfolio in Canada
Canadian oil and gas producer Cenovus Energy has acquired Athabasca Oil Corporation in a CAD5.7bn (USD4bn) cash-and-share transaction, expan...
Policy & Regulatory
The US authorises temporary use of tax-exempt, off-road diesel for all users
The US government has authorised the temporary use of tax-exempt diesel fuel intended for off-road vehicles (farm vehicles and machineries) ...
Energy & Climate Markets
G7 countries agree to release 100 mbl from emergency oil reserves
The Group of Seven (G7) comprising Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, has agreed to release 10...
Energy & Climate Markets
700 MW wind auction in Ukraine attracts 1.22 GW of proposed capacity
Ukraine’s 700 MW auction to support new wind power projects has attracted 93 bids from nine companies, representing a combined proposed capa...
Infrastructure & Investments
Origin Energy plans expansion of Eraring BESS to 1.2 GW/8.6 GWh (Australia)
Origin Energy has submitted plans to expand the battery energy storage complex at its Eraring power plant in New South Wales, Australia, inc...