Japan’s power prices climb to highest since 2023 on heat wave
Japanese power prices jumped to the highest in more than three years as hot weather boosted electricity demand…
Labor and the Coalition offer two very different plans for Victoria’s energy supply
Victoria’s electricity supply, and where it comes from, will be on the ballot paper when voters head to…
European Natural Gas Prices Plunge 8% as U.S.-Iran Tensions Ease
European natural gas prices plunged by 8.6% at the open in Amsterdam on Monday as the United States…
Indonesia breaks ground on Abadi Masela project
JAKARTA: The Abadi Masela project, a long-delayed liquefied natural gas (LNG) mega project, finally breaks ground, marking a…
NZ is running out of gas – but is it really wise to spend billions on an LNG terminal?
On August 13, 2024, Methanex suspended production at its Motunui plant, which converts natural gas into methanol for…
The LNG levy is dead – but who will pay remains a mystery
The government has scrapped its plan to fund New Zealand’s proposed LNG import terminal via a levy on…
Natural Gas: The Hidden Edge for the U.S. in a Global Energy Crisis
There are two main reasons. First, U.S. LNG terminals are already running 24/7 at nearly full capacity, exporting…
LNG terminal back on after April Cabinet decision – report
Asked for comment on this, Energy Minister Simeon Brown’s office said in a statement: “The minister has been…
Japan Weighs $3 Billion Power Subsidies as LNG Crunch Bites
The Japanese government is considering a round of subsidies for electricity for a period of three months, Reuters…
Trump officials tout U.S. energy dominance as global oil executives warn of supply crisis
HOUSTON – U.S. officials this week said the historic spike in fuel prices during the war in Iran…
Treasury revises advice after initial scepticism of $1 billion LNG terminal
“There is a theoretical case for intervention in the context of economic security. However, in practice, we consider…
Natural gas prices in Texas are negative and producers burn it off while shortages loom elsewhere
A quirk in global energy markets has created a stark geographic divide between the haves and the have…