The Australian oil refinery's re-orientation will have to overcome several obstacles
The proposal by Australia to build its first oil refinery for 60 years is hampered by a lack of crude supplies, an uncertain fuel demand in the future, and a builder who has little experience refining.
Bangladesh solar incentives may not be for smaller consumers
According to the National Board of Revenue, these measures were introduced on July 1, in the 'latest national budget.' They include the removal of customs duties on?solar?equipment, and the exemption…
The draft Australian LNG policy is a source of anger for the industry
The Australian government released on Monday a draft version of its rules for the export of liquefied gas for consultation. It was aiming to clarify its 20% domestic reservation rule, but instead received criticism for its opacity.
Regulators warn of the risks associated with EU's increasing dependence on US gas
European energy regulators warned that the European Union's increasing reliance on U.S. natural gas poses risks, including a growing dependence on one supplier. Since 2021, EU countries have tripled their imports of U.S.
China and India make strategic investments in clean energy, which is not popular in the West
In the wind-swept grasslands in Inner Mongolia (northern China), towering white turbines are lining hilltops as sentinels, guarding a hydrogen industry Beijing wants to take away from coal. The project is part of the largest of its kind…
India is dependent on imported goods, whether it's oil, gas or green technology
India's goal is to??install 500 gigawatts (including solar, wind, and hydropower) of green energy by 2030. This will include expanding battery storage, and electric transportation. Last month, the country announced its latest climate goals.
Bangladeshi farmers try solar irrigation when fuel prices rise
Experts say that installing solar panels in or near?crop fields can provide a "better" alternative to the rising costs of fuel for generators. The technology is still not widely used. According to…
EUROPE GAS-European gas prices rise on low storage levels and weak LNG flows
Dutch and British gas contract prices rose on Tuesday. Attention was once again focused on the gas storage which is now "half full", the weaker flow of LNG, and the worsening relationship between Europe and the U.S.
Woodside's new CEO must navigate LNG projects with high costs through glut risk
Woodside Energy is facing a leadership shake up after Meg O'Neill's unexpected departure for the top position at?BP. This comes at a time when the Australian company is trying to deliver on key projects in a?braced?for a glut of supply.
Woodside's new CEO must navigate LNG projects with high costs through glut risk
Woodside Energy is facing a leadership shake up after BP's?chief executive Meg O'Neill's unexpected departure for the top position at BP. This comes as the Australian 'firm' is trying to deliver key…
India's green hydro ambitions falter on demand uncertainty
India's green-hydrogen ambitions are slipping due to the slow commissioning of projects, which is largely driven by insufficient infrastructure and unclear demand signals. This was stated by a U.S. energy think tank on Friday.
Fashion brands boost solar energy with textile suppliers
Textile suppliers in Bangladesh, who account for 85% exports of Bangladesh, are under pressure to become more environmentally friendly. They hope that new initiatives will help them find the money…
Draft bill shows India plans to open the retail electricity sector to private companies nationwide
A draft bill from the federal ministry of power showed that India intends to open its retail electricity market nationwide for private companies, ending the dominant role of state-run distribution in the majority states.
Bangladesh increases its power purchase from India and reduces its fuel oil consumption as the demand for electricity rises
Industry officials and analysts report that Bangladesh is increasing power imports from India as well as the output of fuel oil-fired plants to try and meet its rising electricity demand. The country…
South Korea's Lee appoints Koo Yun Cheol as finance minister and makes other choices
His office announced on Sunday that South Korea's President Lee Jae Myung had appointed a former Vice Finance Minister, Koo Yun Cheol, as his new Finance Minister. Kang Hoon Sik, Lee's chief-of-staff…
Spot contracts are pushed up by a combination of lower wind output and increased demand
The German spot electricity market was bullish on Tuesday, as renewable energy supply was expected to decrease throughout the region and demand to increase. LSEG data shows that the German baseload…
Report: France will only be able to produce 3 GW of offshore power by 2032
A report from the Institute for Energy Economics and Financial Analysis warned that France could have only 3 gigawatts installed offshore wind power by 2032, due to complex licensing, legal issues and local opposition.
Report says India's renewable sector is hit by low demand and cancellations
The Institute for Energy Economics and Financial Analysis reported on Thursday that India's renewable sector faces a number of obstacles, including a weak demand for bids, delays in power agreements and cancellations of projects.
Indonesia's plans for renewable energy may endanger forests
Indonesia, which is heavily dependent on coal for electricity, needs to move away from fossil fuels. It aims to generate 75 gigawatts from renewable sources over the next fifteen years. This compares with the 13 gigawatts it produces today.
Tata Power CEO: India's Tata prefers the domestic market to lucrative solar exports
Tata Power’s newly constructed 4.3 gigawatts (GW) solar cell and module manufacturing facility in southern India is mainly aimed at domestic markets, according to its chief executive, despite the fact that exports have increased exponentially.