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UK needs 49.5GW of flexibility to become 100% renewable
Technology group Wärtsilä has stressed that the UK must install more flexible energy storage and gas technologies if it is to achieve an entirely renewable future.
read more... 30/03/2021
Iraq, Total agree to work jointly on associated gas, solar power projects
Iraq and French oil major Total agreed to jointly work on developing four associated gas and solar power projects, the country's oil ministry said March 29, as OPEC's second largest producer seeks to reduce dependence on Iranian energy imports needed for power generation.
read more... 30/03/2021
Oil Majors Look To Exit Tunisia
European oil majors Shell, Eni, and OMV are looking to sell their oil and gas assets in North African country Tunisia, sources in the industry told Reuters on Friday.
read more... 29/03/2021
Suez ship congestion could delay 10 LNG cargoes to Europe
Dislodging a container ship blocking the Suez Canal, one the world’s busiest trade routes, may delay delivery to Europe of around 1 million tonnes of liquefied natural gas (LNG) on 10 vessels if the blockage lasts for two weeks, researcher Rystad Energy said.
read more... 26/03/2021
EU sees only marginal future role for natural gas
"Instead of waiting for the inevitable, it is better to adapt," Timmermans said as he briefed industry on legislative plans being prepared by the commission to ensure carbon neutrality by 2050. Electrification is the "end game in many areas", he said.
read more... 26/03/2021