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Crude oil

Russian oil output hits record high

Revised CDU TEK figures show Russia produced a record 46.14 mt of oil in January 2016.

2 March 2016

Taiwan’s nuclear phase-out is opportunity for gas

Taiwan’s newly elected Democratic Progressive Party intends to phase out nuclear and replace it with renewables, but this could create room for LNG growth in the interim.

1 March 2016

ScottishPower Renewables takes FID on largest offshore wind farm

The UK’s ScottishPower Renewables has made an FID on the construction of the largest offshore wind farm in the world.

29 February 2016

Not-exactly-first-mover advantage

While the UAE was slow to join the renewable energy industry, the challenges the country faced in doing so are carving it an important niche.

26 February 2016

Gazprom plans Belarus infrastructure investment

Gazprom plans to invest up to $2.5 billion in the gas transport system of Belarus by 2020 and spend another $1.1 billion on expanding underground gas storage facilities.

25 February 2016

South Korea starts 2016 with LNG import drop

South Korea’s LNG imports fell by 18% year on year in January, according to data published by the country’s Customs Service.

25 February 2016

Electricity supply security still key – IEA

Ensuring security of supply in the European electricity sector may struggle under the closure of power plants and increased use of variable renewable energy sources.

25 February 2016

Shaanxi Heimao after cash for coke-to-LNG project

Shanghai-listed Shaanxi Heimao Coking plans to raise RMB 2.5 billion for building a coke-to-LNG and methanol demonstration project.

23 February 2016

Japan supporting Egyptian solar project

The Japanese government has offered a ¥10 billion loan to support the construction of a solar power project in Egypt that will use a large storage battery system.

22 February 2016

Low gas prices unlikely to rebound soon – Birol

European gas prices will not recover anytime soon given the energy market’s bearish fundamentals, says the IEA's Fatih Birol.

19 February 2016

EDF to extend life of UK nuclear plants

French energy company EDF plans to extend the life of four of its eight UK nuclear power plants to help meet the country’s energy demand.

16 February 2016
Crude oil

Is the end of oil an opportunity for gas?

Although the world is currently awash with cheap crude, gas could replace it in the long-term, experts say.

16 February 2016

The long goodbye to renewables subsidies

The days of state support for renewables in the EU could be numbered, with a growing body of industry players calling for subsidies to be scrapped.

16 February 2016

EU renewables share nearly doubles

The share of renewable energy sources in gross final energy consumption nearly doubled between 2004 and 2014, according to EU’s statistics agency Eurostat.

15 February 2016

European nuclear power at a crossroads

Nuclear energy generates around 27% of the electricity produced across the EU, but despite its prominent role, its future remains highly uncertain.

10 February 2016

IEA calls for Asian gas market reforms

Regulatory reforms will be vital for Asia to unlock its potential as a gas demand hub, the IEA's Keisuke Sadamori told delegates at London’s IP Week conference on Tuesday.

9 February 2016

Greece to change renewables support scheme

Greece is moving its costly renewables scheme towards a premium model based on market rates after facing pressure to move away from feed-in tariffs.

5 February 2016

EU’s nuclear sector faces battle for cash

The nuclear industry has big plans for its involvement in Europe’s low-carbon future, but a struggle for investors is just one of the issues it will face.

4 February 2016

Cheaper oil is bad news for NGVs – US bank

The recent sharp decline in oil prices will likely slow the expansion of gas-powered and electric vehicles in the medium term, Bank of America Merrill Lynch says.

3 February 2016
Crude oil

Canadian oil production will increase until 2040 – NEB

Canada’s energy regulator, the National Energy Board (NEB), estimates domestic oil production will increase until 2040 even if proposed pipeline projects do not move ahead.

29 January 2016

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