Eskom LNG Agreement Boosts 3,000 MW Gas-to-Power Project
Eskom's LNG agreement with Zululand Energy Terminal supports its 3,000 MW gas-to-power project in Richards Bay and accelerates South Africa's energy diversification.
Eskom's LNG agreement with Zululand Energy Terminal supports its 3,000 MW gas-to-power project in Richards Bay and accelerates South Africa's energy diversification.
Hydrogen Engine Completes Unprecedented Full-Power Test, Validating Materials for Future Aeronautical Applications.
Nuclear reactors at the heart of Japan’s strategy: METI proposes rebuilding up to 14 units and adding 16 GW of capacity to strengthen the power supply through 2050.
The subsea cable linking Ireland and France has completed a key onshore phase and is advancing toward a strategic power connection for Europe.
Delfin FLNG received the FID to develop the first floating LNG project in the U.S., backed by an investment of US$5 billion.
Liquefied natural gas prices in Northeast Asia exceeded $18.20/MMBtu, pressuring European companies like Uniper to compete in an increasingly expensive spot market.
Eni Industrial Evolution and FIB agree to develop an integrated industrial LFP battery chain in Italy, with a capacity exceeding 8 GWh annually by 2029 and the goal of capturing more than 10% of the European stationary storage market.
South American oil exports reach 787 million barrels in 2026. Brazil, Guyana, and Venezuela consolidate the region as the new global swing supplier.
OPEC reduced its oil demand growth forecast for 2026 from 1.38 to 1.17 million bpd, the organization's most significant adjustment in months, with direct impact on global investment plans.
India raises its Venezuelan crude imports to 427,000 bpd in May 2026, with Reliance Industries as the main buyer, cementing India as the largest global destination.
TotalEnergies Arctic LNG 2 moves into a new phase after Russia authorized the transfer of its 10% stake to Novatek.
U.S. commercial crude inventories fell by 6.8 million barrels in the week ending May 29, marking seven consecutive weeks of reduction, according to the American Petroleum Institute.