Recent Posts

Uniper says it will overcome Russian gas issues by 2024

  Bloomberg Germany utility Uniper SE said it will overcome the problems generated by Russian gas cuts by 2024 at the latest. The company — which was rescued by the German government last year after the energy crisis put it on the brink of collapse — said it may continue to face high gas replacement costs in the next years, ...

Read More »

Fossil-fuel subsidies hit record $1tr in 2022: IEA

Bloomberg Even as global governments raise their ambitions to cut fossil fuels in the future, they spent a record $1 trillion last year subsidising energy sources that are the main driver of climate change. That’s the finding from the International Energy Agency (IEA), which estimates that the combined subsidies for oil, natural gas, electricity and coal hit an all-time high ...

Read More »

India’s Gail explores buying stake in US LNG export plant

  Bloomberg Gail India Ltd. is looking to buy a stake in a US liquefied natural gas (LNG) export facility amid a wider global effort to secure supply to meet rising fuel demand. The company released an expression of interest to acquire as much as 26% equity in an existing LNG plant or a proposed facility that will be commissioned ...

Read More »
Send this to a friend