France, Spain, Portugal Work On Barcelona-Marseille Gas Line
In place of the plans to expand the so-called MidCat pipeline across the Pyrenees, which France opposed, Spain, Portugal, and France said on October...
Biden To Advise Essential Oil Sales Halt, Raise U.S. Output
According to a senior administration official, U.S. President Joe Biden will lay out a strategy to sell off the remainder of the country's emergency...
The United States Might Sell Oil From Its Emergency Supply
Prior to November's legislative elections, the Biden administration anticipates selling oil from the Strategic Petroleum Reserve, according to three persons familiar with the situation. Based...
Paper Suggests, EU Leaders May Back New Gas Price Standard
A draught bill suggests that in an effort to lower energy prices for businesses and consumers, European Union member leaders may support proposals to...
EU States Aim To Compromise On Energy-Related Steps Soon
Officials from the European Union indicated that although there is still disagreement among member states over the nature of these measures and whether gas...
Germany Prepares For Gas Supply Crisis With €93bn Price Ease
Germany announced on October 10th that it intended to quickly put into action a 96 billion euro ($93 billion) strategy to relieve consumer pressure from...
The Global Drone Market Will Be Worth US$89 Billion By 2030
According to a survey from GlobalData, the worldwide drone industry is expected to increase from US$13.7 billion in 2021 to US$89.6 billion in 2030....
EU Authorities Use Gas Price Caps To End The Energy Crisis
The leaders of the 27-nation bloc will debate whether and how to impose a cap on gas prices in an effort to slow the...
Mexico To Build $5bn LNG Plant To Help Europe Get Energy
Mexico has revealed plans to invest up to $5 billion in an LNG hub on its Caribbean coast in order to capitalise on Europe's...
Gas Markets To Be Tight Next Year Due To Supply Crunch- IEA
According to the International Energy Agency (IEA), tight gas markets are anticipated around the world in 2023 as Russian pipeline gas supplies decline and...
