Oil

Moldova faces winter darkness as Russia weaponises energy

The Republic of Moldova faces rolling blackouts this winter. The country is already suffering an energy crisis and household energy…

“You must have partnership with the private sector”: in conversation with the African Energy Chamber’s N J Ayuk

Africa’s state-owned electricity generation and distribution companies need partial or full privatisation to make the region’s energy market a lot…

Ørsted instructed to restart oil and coal-fired power plants

Danish authorities have ordered energy company Ørsted to resume operations at its oil and coal-fired power stations to ensure the…

Germany nationalises Uniper to prevent bankruptcy

On Wednesday, the German Government announced it had reached an agreement to nationalise power generator Uniper to prevent the company’s…

Building renewable industries in the Omniverse: a chat with Nvidia

After years of talk and theory-crafting, the hydrogen industry will soon take its first real steps into existence. While there…

Russia cuts gas exports to Shell and Ørsted after refusal to change payments

Gas flows from Russia to Europe fell on Wednesday after Shell refused to comply with Gazprom’s payment terms. Since March,…

UK chancellor announces tax on oil and gas profits

UK Chancellor Rishi Sunak has announced a one-off “windfall tax” on the profits of the nation’s oil and gas industry.…

UK energy price cap expected to rise by 42% in October

The CEO of UK energy regulator Ofgem has told lawmakers that its energy price cap will rise by approximately 42%…

Russian sanctions and Europe’s plans

As the reality of European sanctions against Russia sink in for both parties, European companies are seeking to relieve the…

Qatar gas only short-term solution to Italy’s Russian imports problem

GlobalData’s latest report, 'Italy Power Market Outlook to 2035, Update 2022 - Market Trends, Regulations and Competitive Landscape', discusses the…

Current carbon developments would lock in unsustainable future

The total emissions of imminent fossil fuel developments would continue to push Earth beyond its Paris-aligned 1.5°C of global warming…

Is the GCC serious about averting climate catastrophe?

The wealth of the countries of the Gulf Cooperation Council (GCC) was built on the exploitation of hydrocarbons. Despite stated…

Will renewables bring light to a particularly dark situation in Lebanon?

In October 2021, the power in Lebanon cut out completely for 24 hours. The country’s two main power plants had…

Russia’s energy blackmail of Europe has begun

Germany has taken emergency measures to secure its gas supplies as Europe’s stand-off with Vladimir Putin over energy intensifies. In…

Which countries rely on Russian trade?

A UN vote concluded on 2 March 2022, overwhelmingly condemning the Russian invasion of Ukraine. It also demanded a full…