The global LNG market could face a sea change in prices and trade flows later this decade if the European Union includes LNG in its carbon border tax.
read more... 25/03/2024
Oil prices edged lower on Thursday, weighed by a stronger dollar and increased optimism of a ceasefire between Israel and Hamas. Despite the relatively subdued stance conveyed by the US Federal Reserve (Fed) on Wednesday, indicating potential future reductions in interest rates, Brent crude oil stood at $85.78 a barrel, while WTI crude settled slightly above $81 a barrel.
read more... 22/03/2024
The European Commission’s plan to withdraw the bloc from the Energy Charter Treaty while allowing member states the right to remain if they choose was presented to Parliament on Thursday (21 March).
read more... 22/03/2024
Britain has launched a consultation on how it should apply a new carbon import levy on some products from 2027 to help to protect businesses against cheaper imports from countries with less strict climate policies.
read more... 22/03/2024
The Gas Exporting Countries Forum's (2050) forecast report projects that global natural gas investments will total almost $9 trillion by 2050, with $8.2 trillion directed toward the upstream sector and $0.74 trillion for the midstream sector.
read more... 22/03/2024