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Summary Companies invest in downstream gas assets in Asia Japanese firms build gas markets to help sell excess LNG LNG seen as transitional fuel in move to renewables Activist investors raise alarm TOKYO, July 12 (Reuters) – Japanese companies foreseeing a growing surplus in stocks of liquefied natural gas (LNG) as their demand for the …
Japan Builds Gas Markets in Asia to Boost LNG Trading, Energy Security Read More »
(Reuters) – The world risks missing a goal to triple renewable energy capacity by 2030 as the current growth rate is inadequate, a report by the International Renewable Energy Agency (IRENA) showed on Thursday. CONTEXT A U.N. climate change conference in Dubai last year set a goal of tripling renewable energy capacity worldwide by 2030 …
Renewables Growth Rate Insufficient to Reach 2030 Target, says IRENA Read More »
By Gopalakrishnan Ravichandran Article/Editing: Bruno Venditti Courtesy of Visual Capitalist – See More From Visual Capitalist HERE Visualizing Natural Gas Reserves By Country Natural gas is used to generate electricity, heat homes and buildings, and power vehicles. It is also a raw material in various industrial processes. In this graphic, creator Gopalakrishnan Ravichandran ranks natural gas …
INFOGRAPHIC: Visualizing Natural Gas Reserves By Country – Visual Capitalist Read More »
Shell, Total, BP acquire 10% stakes in Ruwais site; Mitsui too Two of the firms also agree to take shipments from the project Bloomberg News Four international companies signed up to invest in Abu Dhabi National Oil Co.’s next liquefied natural gas export project on a bet that demand for the fuel will continue to climb. Shell …
Big Oil Invests in Adnoc LNG Plant in Bet on Future Demand Read More »
(Reuters) – Portfolio investors had reverted to a broadly neutral position in petroleum last week after heavy selling triggered by the OPEC+ meeting at the start of June waned and buying took over. Hedge funds and other money managers purchased the equivalent of 56 million barrels in the six most important futures and options and …
Oil Investors Regain Poise After Post-OPEC Swoon – John Kemp Read More »
(Reuters) – In a dusty plain in northern Argentina’s mountains, black tubes stretching two stories high fill a massive tank with salty brine sucked from deep below ground. The brine contains lithium, a silvery white metal essential for making electric vehicle batteries and in high demand as the world shifts to green energy. French miner …
Global Lithium Sector Eyes Argentina’s Salt Flats on Tech Test Run Read More »
(Reuters) – Britain’s renewables industry has called on the new Labour government to increase the country’s renewable auction budget by hundreds of millions of pounds to help meet its offshore wind target and wider goal to decarbonise the power grid. Labour swept to victory in Britain’s election last week and the party has pledged to …
British Renewable Industry Pushes New Govt to Increase Auction Budget Read More »
Shell, Total, BP and Mitsui will each take 10% stake Ruwais will raise the UAE’s export capacity to 15.4m tons/year Four international companies have agreed to invest in Abu Dhabi National Oil Co.’s next liquefied natural gas export project, according to people with knowledge of the matter. Shell Plc, TotalEnergies SE, BP Plc and Mitsui & Co. will each take a …
Shell and BP Among Big Firms Taking Stakes in Adnoc’s LNG Plant Read More »
Electrical pylons and power lines are seen in Yanqing district of Beijing, China December 17, 2021. REUTERS/Tingshu Wang/File Photo By John Kemp (Reuters) – China’s record-breaking deployment of wind and solar capacity has worsened regional power imbalances, forcing the country to idle increasing amounts of renewable generation when it overwhelms local consumption. New government regulations aim …
China’s Rapid Renewables Rollout Hits Grid Limits Read More »
Wind turbines are seen in a windfarm near Radenac in Brittany, France, October 3, 2017. REUTERS/Stephane Mahe/File Photo By Kate Abnett BRUSSELS, July 5 (Reuters) – Hundreds of gigawatts of wind energy projects are waiting for permits to connect to Europe’s power grid, a backlog that threatens to slow the shift to green energy, industry association …
Years-long wait for permits blocking European wind farms, industry says Read More »
