Japan faces the risk of an energy crisis due to a paralysis in LNG supply from the Middle East.
The disruption of LNG supplies in the Strait of Hormuz jeopardizes Japan’s electricity reserve margin during the summer.
All Joshua Falcon publications
Naturgy reaches 600 MW of renewable energy with six new solar plants in Andalusia
The company integrates an additional 300 MW of photovoltaics and plans storage systems to ensure the stability of the Andalusian electricity supply.
First American Nuclear presents the SMR EAGL-1 reactor to the Nuclear Regulatory Commission
FANCO’s proposal seeks to establish a credible and safe pathway for nuclear energy in a market that demands tangible solutions and rapid execution.
Portland Port obtains a license for LNG STS transfers in the English Channel
Portland Port authorizes ship-to-ship liquefied natural gas transfers to streamline energy logistics in the English Channel.
ACCIONA announces supply of 800 GWh for energy-intensive industries in Italy
A total of eight Italian energy-intensive companies secure renewable supply at a fixed price through the construction of new photovoltaic plants in Sicily.
Eni’s CEO calls for relief after the technical limit on Russian gas supplies to Europe.
The fragility of maritime routes shows that the bloc has replaced its dependence on pipelines.
BP prioritizes oil production and refining with a new structural reform
The corporation is moving away from its low-emissions division to focus on profitability through hydrocarbon production and refining.
IEA evaluates releasing more oil reserves if the global energy crisis continues
The situation is aggravated by the naval blockade in the Gulf of Oman, a measure that restricts commercial flow and poses a latent risk to global distribution logistics.
IMF warns of global recession risk due to energy crisis
Central banks will be forced to maintain restrictive policies to contain inflation that is proving resistant to decline.
IEA Warns of Crude Oil Supply Collapse Due to Strait of Hormuz Closure
The closure of the Strait of Hormuz reduces crude oil flow to 3.8 million barrels per day and causes a historic deficit in energy supply.
Greece Signs Contract with ExxonMobil and Energean for Gas Drilling in the Ionian Sea
The intention is clear: to transform Greece into a logistics and production hub that contributes to the diversification of energy sources across the continent.
China Huaneng Group commences operation of the Huaneng Shandong Peninsula North L Site project
With this advancement, the Shandong subsidiary and the Yantai power plant demonstrate undisputed technical authority in integrating large-scale units in abyssal zones.