Analysis

Demand for gas is rising in the U.S., largely due to data centres and LNG exports. But with cheap acreage exhausted, gas prices will need to rise in the years to come

The European Commission (EC) has come under fire for trying to weaken the EU’s Emissions Trading System (EU ETS) following pressure from heavy industry and some Member States alike. Yet the jury is still out on how far the proposed changes really go and what the final outcome will be when EU legislators try to hammer out a final deal this autumn and winter.

An unpublished EC document explores direct public support for LNG projects overseas. But critics warn that doubling down on costly LNG imports might be a drag on the European economy and increase security vulnerabilities.

A new report says LNG price hikes in 2022 are a major reason for South Korea’s energy sector woes.

At an energy conference in Vancouver, industry leaders agonised over the slow progress in building Canadian LNG export terminals.

At an energy conference in Vancouver, a Woodfibre LNG official said construction has advanced on the controversial gas project in British Columbia.

In 2026, renewable energy is expected to generate more electricity around the world than coal. Gas-fired power remains flat.

The Nigerian government has signed a joint venture for Shiroro Generating Company's 20 MW solar-hydro hybrid project. Experts say the project will aid the energy transition and foster renewable energy growth.

The two tenders formed part of Algeria's national plan to install 15,000 MW of solar capacity by 2035.

The Netherlands wants to achieve 21 GW offshore of wind capacity by the end of 2031, a target deemed ambitious yet achievable. All eyes are now on the country’s next offshore wind tender which will take place at the end of February.

In 2026, renewable energy is expected to generate more electricity around the world than coal. Gas-fired power remains flat.

The European Commission (EC) has come under fire for trying to weaken the EU’s Emissions Trading System (EU ETS) following pressure from heavy industry and some Member States alike. Yet the jury is still out on how far the proposed changes really go and what the final outcome will be when EU legislators try to hammer out a final deal this autumn and winter.

Israeli energy firm Navitas plans to take a final investment decision this year on whether to move ahead with an oil-for-peatlands restoration concept in the Falkland Islands.

The new parliament that will emerge from the election could bring new challenges for the bloc’s energy policy, putting the future of the EU Green Deal in doubt.

The move comes as experts warn of a growing “reputational risk” for institutions like Cambridge University if they collaborate with oil and gas companies.

A recently filed lawsuit alleges that a Colorado firm loaded up its clean-up liabilities onto another shell company that was designed to fail, saddling landowners and taxpayers with old polluting oil and gas wells.

Lack of progress in breaking ground on new projects, coupled with a challenging regulatory environment for Asian renewables, is hindering the region’s progress, the report said.

A Senate committee published the latest instalment of a multi-year investigation after obtaining a vast trove of internal documents from oil industry giants ExxonMobil, Chevron, BP, and Shell. The report alleges the efforts to slow climate action continue to this day.

An African Climate Foundation report highlights the challenges for African petrostates in leveraging their gas resources and suggests prioritising renewables due to the transition risks.

Several federal agencies rolled out multiple landmark regulations on the energy sector. Campaigners hailed the “green blitz” as Biden scrambles to finish up work before the U.S. election in November.

Hopes for faster progress on implementing limits on plastic production were dashed in Ottawa. Campaigners blame large oil producers — including the United States.