Wood Mackenzie: EU carbon storage target falls 35% short
Latest analysis suggests that EU carbon storage target falls 35% short as value-chain fragmentation constrains the NZIA 50 mtpa goal.
Latest analysis suggests that EU carbon storage target falls 35% short as value-chain fragmentation constrains the NZIA 50 mtpa goal.
Cushing crude storage levels have plummeted in recent months. Inventories fell 11.3 million bbls to less than 25 million bbls between early April and early June, according to Wood Mackenzie.
Veteran entrepreneur begins building leadership team to commercialise new pipeline intervention technology.
Sam Thornton, Chief Operating Officer at Bridewell, comments on the recent cyberattack on American energy technology company Itron, and what it reveals about critical infrastructure security.
Heightened geopolitical tensions linked to the Iran conflict are driving renewed interest in short-term Power Purchase Agreements (PPAs), as European energy buyers look to shield themselves from price volatility and supply shocks, according to new analysis from Montel.
The Survey concludes that global natural gas markets are entering a new era defined by increased market-based pricing, expanding LNG flexibility and intensified geopolitical risk, as the world experiences its second major natural gas price shock in just four years.
The ceremony, organised by the Institution of Gas Engineers & Managers (IGEM) and the Energy & Utilities Alliance (EUA), took place in London on 13 May 2026.
Oil prices could reach US$200/bbl in worst-case scenario as more than 11 million bpd of Gulf crude and condensate supply remains curtailed.
IEEFA’s updated European LNG Tracker and EU Gas Flows Tracker show that Europe’s imports of US LNG more than tripled between 2021 and 2025, as countries reduced their reliance on Russian pipeline gas.
The distributorship agreement will see Patriot support the roll-out of STATS’ proven technology, including weld test tools, pipe end plugs (internal and external) and mechanical pipe connectors.
As AI-driven data demand accelerates, Africa’s vast natural gas reserves are emerging as a critical enabler of data centre growth – placing gas at the centre of discussions at African Energy Week 2026’s AI and Data Centre Track.
The Federal Government’s proposal to require LNG exporters to supply 20% of export volumes into the domestic market raises significant concerns about the potential impacts on competition, investment and future gas supply.
Heightened risks of global supply disruptions, fiscal burden, and increasing costs underscore the importance of fostering Bangladesh’s energy transition.
Leading UK drilling and pipeline specialist, Stockton Group, has unveiled a major strategic restructure designed to sharpen its market positioning, strengthen brand clarity and support continued growth across the UK’s infrastructure and energy sectors.
Even if a deal is struck, Rystad Energy cautions that the consequences for physical oil markets will be slower and more conditional than futures prices are currently pricing in.