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Hormuz disruption is driving up freight costs, insurance premiums and spot LNG prices, building pressure on import-dependent power systems in South Asia.
At a time of turmoil in global gas markets, the EC has said it won't change its Methane Regulation but may introduce "flexibilities."
The Iran war is giving Finland even more impetus to diversify its energy supply and speed up its energy transition.
Nigeria has launched its first floating solar project with a Chinese contractor to build a 7MW plant at the University of Lagos lagoon campus.
The EU Emissions Trading System 2 could drive up costs for those relying on gas to heat their homes and on petrol to fuel their cars.
Analysis
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The blocking of the Strait of Hormuz underscores the risks of fossil fuel imports. A new report from Ember makes the case that Asian economies should rapidly shift to renewables.
New research finds that pro-LNG actors in Japan and Australia are using complementary narratives to build support for fossil gas expansion.
As the Iran conflict entered its third week and the Strait of Hormuz remained at least partially closed, the toll on LNG markets intensified.
The sudden LNG supply crisis following the Ras Laffan attack is driving up prices and will force painful demand reduction across the globe. Analysts say the reputation of LNG as a reliable fuel is also irreparably damaged.
News
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A source close to Qatar’s North Field Expansion said that the project could be delayed much longer than the one year indicated by the country’s energy minister last week.
The Iran war and the chaos it has inflicted on global energy stability, supply and pricing are a stark reminder of Europe’s risky gas reliance, analysts have warned.
The U.S. Supreme Court shot down Trump’s use of tariffs. What does that mean for the LNG trade?
The CEO of UAE-based Masdar told conference delegates in London that the firm is targeting a 100 GW renewable energy portfolio by 2030.
Shell CEO Wael Sawan said that abundance of gas will instead likely create new pockets of demand in price sensitive markets.
Energy Transfer has suspended its Lake Charles LNG project and is reallocating capital to higher return gas pipeline projects. The suspension indicates increasing industry concerns about LNG oversupply and poor returns.
Opinion
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Gas detection remains central to the energy industry’s future, not a relic of its past, says Jodi Downing, a director at R.C. Systems.
Inefficiencies in compressed air systems result in significant, avoidable emissions, writes Jeffry Kahn, President of CAM Technologies.
Emissions-sensing satellites are among the pioneering technologies that have started to remodel the oil and gas sector, writes Kenzie Huffman, Director of Partnerships at Carbon Mapper, the California-based NGO.
Long Reads
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Once-fertile farmlands of the Niger Delta, that have supported families for decades, have turned barren due to oil pollution, say locals.
Shell’s decision to end nearly nine decades of operations in the Niger Delta has sparked concern over accountability for environmental damage in Nigeria.
Big LNG plans on Mexico's Pacific Coast could make it the fourth-largest exporter but would worsen climate change and damage one of the world’s most biologically diverse marine environments.
A series of LNG projects proposed for Mexico’s Pacific Coast would turn the country into a major LNG exporter. But violence from drug cartels, political risk, and mounting costs could keep projects from moving forward.
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