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How Indian Billionaire Gautam Adani’s Alleged Bribery Scheme Took Off and Unraveled

Summary India’s Gautam Adani charged in US over alleged bribes SEC investigation dates back at least two years FBI seized Adani nephew’s electronics in 2023 (Reuters) – In June of 2020, a renewable energy company owned by Indian billionaire Gautam Adani won what it called the single largest solar development bid ever awarded: an agreement to …

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Russian Gas Flows to Europe via Ukraine Stable Despite Gazprom-OMV Row

Summary Nominations to Austria unchanged in recent days Gazprom halted flow to Austria’s OMV in mid-November (Reuters) – Russian gas exports to Europe through Ukraine have been stable on Monday despite a contractual row between Kremlin-owned Gazprom  and Austria’s OMV , which halted gas flows to the Vienna-based company this month. Russia stopped gas supplies to OMV in …

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LNG is Stepping Up to Solve Europe Gas Woes, But at a Price

By Clyde Russell (Reuters) – Concerns that Europe is facing a natural gas supply crunch this winter are overblown, with the liquefied natural gas (LNG) market already stepping up to avoid any shortfall, albeit at higher prices. European natural gas prices climbed to the highest level in two years last week, with the benchmark front-month contract …

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Ring Energy Announces Addition to Management Team

THE WOODLANDS, Texas, Nov. 25, 2024 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced the addition of a new senior technical executive. Mr. James J. Parr joins Ring as Executive Vice President, Exploration and Geosciences. Mr. Parr is an experienced petroleum geologist with over 30 years of energy …

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Coming Soon – December 3-4! Join North America’s Largest Summit on Measuring, Monitoring and Mitigating Methane Emissions from Oil & Gas

There are now just 3 weeks to go until the Methane Mitigation America Summit kicks off in Houston, Texas from December 3-5, 2024, and by joining us there, you can benefit from attending with over 200 oil and gas industry peers. We have a wide range of sessions available centered around the current state of …

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Northvolt Crisis May be Make or Break for Europe’s EV Battery Ambitions

Summary Northvolt co-founder urges EU not to give up EV battery dream Firm has filed for bankruptcy protection, needs $1.0-$1.2 bln EU hopes hit by weak EV sales, production issues, China strength (Reuters) – Northvolt’s financial collapse deals a blow to Europe’s plan to set up its own battery industry to power electric cars, stirring …

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Northvolt CEO Peter Carlsson Quits After Bankruptcy Filing

Worked with Elon Musk at Tesla before heading up Swedish EV battery maker Bloomberg News Northvolt AB chief executive Peter Carlsson is stepping down as the Swedish battery maker embarks on a restructuring under bankruptcy court protection. Carlsson, a co-founder of Northvolt, has led the electric-vehicle supplier since its inception in 2016. He raised billions …

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