US, German intel points to Ukraine role in Nord Stream explosion
The report went on to say the attack required experienced divers who may have received “specialised government training” at some point.
US
US’ IRA major pull for Topsoe’s energy transition interest
The challenge over the next 10 years will be in scaling up SAF production. Green hydrogen production is relatively niche, as yet. “A lack of green power and electrolysis capacity, this will not make a dent” in the projected SAF demand.
Shell would ‘think twice’ about investment in the UK
Shell (LON: SHEL) CEO Wael Sawan has warned that the US is more attractive for investment than the firm’s home base of the UK.
South Africa power disaster triggers FCDO warnings
The FCDO said people should prepare for “prolonged power outages”.
US scaling up export options, WoodMac says, despite inflation
“The combination of low fees and increasing costs mean we estimate unlevered internal rates of return (IRRs) as low as 5-6% for some projects. Based on these returns, some projects are finding it challenging to secure finance, particularly via equity raises,” said Harrison.
China’s taking control of LNG as global demand booms
A rush by China to sign new long-term liquefied natural gas (LNG) deals promises to give the nation even more control over the global market at a time when competition for cargoes is booming.
Shell: European demand, US supply to drive LNG market
More investments in liquefaction is needed to head off a supply-demand gap that the company sees emerging in the late 2020s. Last year, the company put this supply-demand gap opening up by mid-decade.
China’s Xi vows deeper Iran ties amid US push to curb oil trade
Chinese leader Xi Jinping pledged to deepen ties with Tehran after meeting Iran’s President Ebrahim Raisi in Beijing, weeks after the US said it would increase pressure on China to stop buying Iranian oil.
Russia blames US for Nord Stream blasts, threatens consequences
Russia blamed the US for explosions that damaged the Nord Stream pipelines and warned of a response from Moscow, after an American investigative journalist published an article alleging the Biden administration had attacked the gas transportation network.
Chinese patrols near oil and gas in disputed South China Sea hit new peak with tensions high
China’s Coast Guard maintained near-daily patrols at key features across the disputed South China Sea last year, ramping up its presence as tensions over the waterway with Southeast Asian neighbours remain high, new tracking data shows.
US natural gas falls below $3 for first time since May 2021
US natural gas futures extended losses below $3 amid mild winter weather that helped spark the worst selloff among the country’s commodities.
US to boost pressure on China to stop importing Iran oil, envoy says
The US said it will increase pressure on China to stop buying Iranian oil, as the White House seeks to enforce sanctions aimed at curbing the Islamic Republic’s nuclear activities.
Boskalis hits 100 offshore wind projects
Boskalis has hit a special milestone as the heavy lift firm begins work on its 100th offshore wind farm project.
Azuli signs up Korean interest with eye on US CCS options
“We’re not interested in a regulated asset model, not at a fixed 5% return,” he continued. Investors have to be able to cover failures through higher returns on their successes. “We’re looking at returns into the teens on returns.”
Four missing as US Coast Guard calls off search for downed helicopter
The US Coast Guard suspended its search for four passengers on a downed helicopter on December 29.
Japan taps Oman, US for LNG supplies
Japanese companies have struck a number of LNG deals, as the government pushes to lock in future energy supplies.
Air Liquide wins Woodside hydrogen deal
Woodside Energy has awarded a major contract to Air Liquide Engineering and Construction (Air Liquide) for the liquefaction equipment at its proposed H2OK hydrogen project in Ardmore, Oklahoma, US.
China, Saudi sign deals as Xi gets warm welcome in Riyadh
China and Saudi Arabia signed a number of agreements, including on energy and investments, after their leaders met in Riyadh on Thursday at a summit that showcased deep and growing ties beyond oil.
Woodside production guidance lower than expected on delays
Woodside Energy’s (ASX:WDS) latest production guidance for 2023 has fallen short given delays at new oil projects in West Africa and the US, as well as a maintenance shutdown at the Pluto LNG export complex in Australia.
Global LNG supplies are ‘sold out’ for years, top importer Japan warns
Japan warns that global competition for liquefied natural gas (LNG) is set to intensify over the next three years due to an underinvestment in supply.
The Biden-Jokowi deal is just one step to turn Indonesia green
A massive $20 billion deal with the US and Japan will kick-start Indonesia’s drive to wean itself off coal power, though the country may still need trillions more to reach net-zero emissions while meeting growing demand for energy.
Biden, Jokowi unveil $20bn deal to end coal and speed up net zero push in Indonesia
US President Joe Biden and Indonesian President Joko Widodo announced a climate finance deal providing $20 billion to help Indonesia pivot away from coal power.
Market says go for LNG, climate NGOs says stop
As COP27 continues apace, the slew of demands for more – or less – hydrocarbon investments is mounting.
Russian supplies to fall 2mn bpd under sanctions
International sanctions on Russian crude will reduce supply by 2 million barrels per day of crude, Windward AI CEO and co-founder Ami Daniel has predicted.
Middle East’s approach a “lesson” for the world, Wood CEO says
The Middle East’s investments in energy will see the region come to lead in the energy transition, Wood CEO Ken Gilmartin has said.