Apr 11 – London-based consultancy Energy Aspects has lowered its outlook for European summer gas prices to 47p/th, down 15% from previous forecasts due to healthy storage inventories, it said on Friday. Gas demand has dropped by 19%-27% across north west European gas markets, while gas storage inventories are 17.7bcm higher than they were at the […]
Apr 4 – Spot gas prices in Europe are “dropping like a stone,” analyst from PIRA Energy Group said, suggesting this provides additional incentives for Europe’s LNG buyers to divert cargos in the months to come. Supply cuts thus far have come almost exclusively from Russia as well as the Netherlands, and PIRA expects more […]
Apr 11 – Worldwide Power Products (WPP) has expanded its roster of services for oil and gas companies to include generator-sizing service for oilfield drilling and pumping sites.The service includes analyzing wellhead gas and making recommendations for how operators can best utilize it with a gas generator set.
Apr 10 – French engineering and construction firm Technip has partnered with China’s HuanQiu Contracting & Engineering Corporation (HQC) to deliver a front-end engineering design (FEED) contract for the Ar Ratawi Natural Gas Liquids (NGL) train1 project in Basra Province, Iraq. The project will create gas processing facilities to minimize gas flaring in Iraq and […]
Apr 10 – General Electric has announced the launch of its new Distributed Power business in the Latin America region, rolling out this segment on a global scale. In Latin America, GE sees a $100 billion opportunity for distributed power and will specifically address the increased demand for on-site power from oil and gas […]
Apr 9 – German industry that generates its own power will be required to pay 15% of the EEG levy, according to a draft reform bill agreed by the cabinet on Tuesday. The regulation apply to new industrial on-site power generating capacity, while performance upgrades of more than 30% at units built after 1 September 2011 […]
Apr 9 – Alstom’s first 800 kV HVDC converter transformer has passed its factory acceptance tests in Shandong. This converter transformer, the highest voltage level yet for Alstom, will enable State Grid Corporation of China (SGCC) to power part of the Jinping to Sunan 2,090 km long UHVDC (Ultra High Voltage Direct Current) power link. […]
Apr 8 – European coal prices are likely to reach a floor in the second quarter, as low prices encourage an uptick in buying activity, JP Morgan Cazenove said on Tuesday. “Although we think US exports look set to fall this year, Russian exports are rising and Chinese imports are faltering,” it said, forecasting “this […]
Apr 8 – The commissioning of the newly built 404MW Uch-II combined cycle power plant in Pakistan has been delayed for two weeks due to concerns that the plant is not ready to deliver power and will be immediately loss-making. The plant is fed by gas from the Uch gas field but three key components […]
Apr 7 – ABB has been awarded a $175 million contract to upgrade the power generation capacity at Zirku oil and gas processing facilities in the Gulf. The order, which covers engineering, procurement and construction (EPC), was awarded by Zakum Development Company (ZADCO), and booked by ABB in the fourth quarter of 2013.
Sept 18 — Denmark today brought into commercial operation the Greensand project, the European Union’s first full-scale facility for permanent CO₂ storage beneath the seabed in a depleted North Sea oilfield. Led by INEOS Energy with Harbour Energy and Nordsøfonden, the site will initially store up to 400,000 tonnes of CO₂ a year, with plans to scale to 4-8 million tonnes annually by 2030.
Sept 16 – GE Vernova is fast-tracking delivery of new 400 kV Gas-Insulated Switchgear (GIS) substation at Chesterfield, UK. The new substation is part of National Grid’s Brinsworth-to-Chesterfield and Chesterfield-to-High Marnham project, with the upgrade using SF₆-free technology to strengthen grid resilience across England and Wales in generations.
Sept 14 – Singapore’s experience in the Middle East crisis highlights the country’s exposure to external energy supply shocks. Over 95% of Singapore’s electricity generation is fuelled by imported LNG, hence diversification is paramount for supply security, said Gan Siow Huang, Singapore’s minister of trade and industry. Singapore is hence developing a second LNG terminal with a view to increasing import capacity to 15 mtpa by 2030.
Aug 31 – The number of gas-fired power plant projects, linked to US data centres, has nearly doubled in the first half of 2026. According to Global Energy Monitor, 378 MW of gas capacity is currently under development in the US, one-third of total projected capacity worldwide, led by Texas with 122 MW.
Aug 27 – GE Vernova has been chosen by Laing O’Rourke to deliver a new 400 kV Gas-Insulated Switchgear (GIS) substation at Chesterfield, UK. The new substation is part of National Grid’s Brinsworth-to-Chesterfield and Chesterfield-to-High Marnham project, with the upgrade using SF₆-free technology to strengthen grid resilience in a sustainable manner. The projects form part of The Great Grid Upgrade, the largest overhaul of the electricity grid across England and Wales in generations.
Aug 26 – Net Power has agreed to purchase 123 MW of new power generation equipment to increase the installed capacity of its Project Permian to nearly 200 MW. The gas-fired power project in West Texas is being gradually scaled up to 1 GW.
Aug 24 – Singapore’s Economic Development Board (EDB) has provisionally allocated 200 MW of new data centre capacity to Digital Realty, Equinix, Keppel Data Centres and ST Telemedia Global Data Centres, with each receiving 50 MW for facilities on Jurong Island. All sites will be developed within JTC’s planned low‑carbon data centre park on Jurong Island, and operators must source more than 50% of their capacity from green or low‑carbon energy such as biomethane, low‑carbon ammonia or hydrogen.
Aug 21 – Germany’s underground gas storage facilities are only about 50% full as of mid-August, well below last year’s roughly 67%. To achieve the targeted 70% filling levels by November, the government is preparing additional intervention options although traders remain cautious amid elevated prices and geopolitical uncertainty.
Aug 19 – A Russian air strike has damaged one of DTEK’s thermal power plant, forcing the Ukrainian operator to shut down one unit. DTEK’s thermal power fleet had an installed capacity of about 13.3 GW as of early 2022, spread across eight plants, though repeated attacks since then have destroyed much of that installed capacity, jeopardising regional electricity supply security.
Aug 17 – Wärtsilä is preparing to deliver an off-grid power solution for a new data center, under construction in Texas. The 790 MW power plant will operate with 42 Wärtsilä 50SG engines running on natural gas.
July 29 – Electricity demand in India is on course to rise 4-5% year-on-year in 2027, Fitch Rating reckons, referring to the country’s higher cooling needs and economic growth. Coal remains king in the Indian energy mix, fuelling more than 70% of power stations, while gas-burn fell to 15% in June 2026, down from 22% a year earlier amid supply constraints and higher LNG prices.
July 27 – The Japanese government is considering foreign debt finance for gas-fired power projects in the United States that form part of its $550 billion U.S. investment pledge. “If financing from foreign banks materialises, it should further facilitate the procurement of foreign-currency funding needed to implement the investment initiative,” the finance ministry said on the platform X late on Sunday.
July 24 – EU Carbon Emission Allowances are expected to continue their mean-reversion trading around €80/t for the rest of this month, as the Commissions adjustments leave supply-demand balances for carbon credits tight through 2035. Further out, Energy Aspects reckons there may be 250 Mt more allowances in the market through 2040 as the pace of how fast the ETS cap falls has been slowed down for 2036 onwards.
July 22 – Nigeria’s Index Thermal Power has invited engineering firms, infrastructure developers and institutional investors to join the development and financing of its proposed 1,800 MW gas-fired independent power plant in Rivers State. The project is planned for the Onne Oil and Gas Free Trade Zone in Port Harcourt.
July 20 – Utilita Energy has become the third energy supplier to join WattsWatt – the national energy information service – alongside Outfox Energy and Home Energy in bid to help households gain affordable warmth by comparign tariffs and improving access to energy efficiency grants.
July 17 – Hitachi Energy and Eve Air Mobility, an Embraer-backed aircraft manufacturer, are looking to advance the electrical infrastructure needed to support urban air mobility. The agreement brings together Hitachi’s Grid-eMotion charging infrastructure with Embraer-backed electric vertical takeoff and landing (eVTOL) aircraft technology.
July 15 – The global market for hydrogen (H2)-compatible gas turbines will grow to nearly $3.5 billion by 2032, expanding at an annual rate of over 10% during the forecast period. According to DataM intelligence, hydrogen is emerging as a strategic and sustainable alternative to fossil fuelled power generation as nations strive to reduce reliance on imported fossil fuels and stabilize their power grids,
July 13 – Japan’s largest power generator JERA has signed a Memorandum of Understanding (MoU) with Samsung C&T of Korea to collaborate on hydrogen and ammonia. JERA is developing Japan’s first low-carbon ammonia value-chain, and is targeting start of operations around fiscal year 2029. Samsung C&T focused on low-carbon ammonia infrastructure and supply chain initiatives in Korea, and by combining their capabilities both companies aim to strengthen value chain resilience across Asia.
July 8 – GasHub has finished an LNG storage and regasification facility at Rolls-Royce’s Seletar Campus in Singapore and begun LNG deliveries, with the system designed to support the campus’s long-term energy requirements, including reliable electricity demand. The setup is part of a shift away from compressed natural gas and aims to reduce fuel deliveries, emissions, and operating costs.
July 6 – Swiss energy storage operator BW ESS has started construction on the 1GW Klostermansfeld project, one of Europe’s largest battery storage projects to date. Situated in the southern Harz region, the battery is designed to supply around three million German households with electricity for at least four hours.
