News
By 2030, The World Drone Market Will Be Valued US$89 Billion
According to a survey from GlobalData, the worldwide drone industry is expected to increase from US$13.7 billion in 2021 to...
Read more
EU Leaders Use Gas Price Controls To End The Energy Shortage
The leaders of the 27-nation bloc will debate whether and how to impose a cap on gas prices in an...
Read more
Mexico To Build $5bn LNG Plant To Ease Europe Energy Crisis
Mexico has revealed plans to invest up to $5 billion in an LNG hub on its Caribbean coast in order...
Read more
Supply Crisis To “Keep Global Gas Markets Tight In 2023” IEA
According to the International Energy Agency (IEA), tight gas markets are anticipated around the world in 2023 as Russian pipeline...
Read more
The Newly Built Baltic Pipe Has Started Transporting Gas
According to the Polish gas pipeline operator Gaz-System, gas began flowing to Poland through the new Baltic Pipe network from...
Read more
EU Members Back Energy Windfall Tax, Clash On Gas Price Cap
The member states of the European Union will get together to approve emergency taxes on energy companies' windfall profits and...
Read more
Abu Dhabi To Get Its First Subsea HVDC Transmission System
Abu Dhabi and a Japanese, French, and Korean consortium have agreed to a $3.8 billion deal to use an undersea...
Read more
Oil Surges On U.S Gulf Supply Restrictions, Weaker Currency
On September 27th, more than 1% increase in oil prices from the previous day's nine-month low, helped by supply restraints...
Read more
DEME, Van Oord selected for Australia’s Darwin Pipeline Duplication Project
Offshore services firm Allseas has awarded a contract to a joint venture of marine contractor DEME and Van Oord to...
Read more
Marathon Petroleum and Neste form JV for renewable fuels project in US
US-based Marathon Petroleum and Finnish oil refiner Neste have finalised a transaction to become equal partners in Marathon’s Martinez Renewable...
Read more