Tag: Gas
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TotalEnergies and ENI Secure a Strategic Gas Agreement Between Cyprus and Egypt
TotalEnergies and ENI have reached an agreement with Cyprus and Egypt to develop the Cronos gas field. This initiative aims to convert the resources of Block 6 into liquefied natural gas (LNG) for the European market, utilizing existing Egyptian infrastructure. The collaboration between TotalEnergies and ENI with Cyprus and Egypt marks a significant step in…
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U.S. electricity demand is set to explode. That will make it harder to cut climate pollution
The United States is poised to burn a lot more natural gas in the coming years to meet soaring electricity demand, potentially locking in decades of emissions that are raising global temperatures. U.S. greenhouse gas emissions barely budged in 2024, despite huge investments the country has made in clean energy under the Inflation Reduction Act, a landmark climate…
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Mauritania and Senegal: A Strengthened Partnership Around Local Gas Content
Senegal and Mauritania bolster their energy cooperation with a groundbreaking agreement on local content within the Grand Tortue Ahmeyim (GTA) gas project, marking a step towards an inclusive and sustainable economy. The energy relations between Senegal and Mauritania reached a new milestone with the signing of an agreement on local content for the Grand Tortue…
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Technology breakthroughs are unlocking geothermal energy’s vast potential in countries across the globe
Largely untapped underground energy source can help meet world’s rapidly growing demand for electricity, but cost reductions are needed to drive new generation of projects With global electricity demand set to grow strongly, new technologies are opening up the massive potential of geothermal energy to provide around-the-clock clean power in almost all countries around the…
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Russian gas era in Europe ends as Ukraine stops transit
Russian gas exports via Soviet-era pipelines running through Ukraine came to a halt on New Year’s Day, marking the end of decades of Moscow’s dominance over Europe’s energy markets. The gas had kept flowing despite nearly three years of war, but Russia’s gas firm Gazprom said it had stopped at 0500 GMT after Ukraine refused…
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What the oil and gas industry wants from Trump and how his administration might deliver it
The oil and gas industry has a “to do” list for President-elect Donald Trump. The lobby group American Petroleum Institute has asked Trump to swiftly authorize liquefied natural gas exports, expand drilling on federal lands, make pipeline permitting easier, repeal strict vehicle emissions and fuel economy standards, and keep current corporate tax rates in place. This five-point road map is…