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Europe’s biggest banks provide £24bn to oil and gas firms despite net zero pledges

Europe’s biggest banks led by HSBC, Barclays and BNP Paribas have provided £24bn to oil and gas companies that are expanding production less than a year since pledging to target net zero carbon emissions, data shows. Investments to drill new oil wells and tap fresh gas reserves, backed by funds from major banks, appear to

Should Europe use more long term LNG contracts?

The threat of disruptions to Europe’s gas supply from Russia, in the event the West imposes sanctions if Russia invades Ukraine, has prompted a debate about the need for long-term liquefied natural gas (LNG) contracts. The United States has in recent weeks asked Qatar and other major gas producers whether they can send extra gas

Russian gas crisis stokes Europe’s appetite for Russian coal

Russian coal merchants are proving to be the winners as European buyers, nervous a feared Russian invasion of Ukraine could lead to disrupted gas supplies, stock up on the dirtiest fossil fuel. Despite Europe’s ambitions to reduce carbon emissions to net zero by the middle of the century, which means weaning itself off all fossil

US became world’s top LNG exporter

The US became the world’s No. 1 exporter of liquefied natural gas for the first time ever last month, as deliveries surged to energy-starved Europe. Output from American facilities edged above Qatar in December after a jump in exports from the Sabine Pass and Freeport facilities, according to ship-tracking data compiled by Bloomberg. Cheniere Energy

Europe, Africa Bunker Fuel Availability Outlook

Bunker fuel oils are tight for prompt dates with several suppliers in Rotterdam, while ships face bunkering delays from weather suspensions in Malta and Algoa Bay. Longer lead times should be considered for HSFO380 stems in Rotterdam after supply tightened last week. Prompt product is more difficult to source, especially for larger quantities. Backwardation in

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  • Home
  • Fuels
    • Ammonia
    • Hydrogen
    • LNG
    • Methanol
    • Biofuels
    • VLSFO
    • Heavy oils
    • Bunkering
  • Marine
  • EV
    • Battery Tech
    • Charging & Infra
    • Ferries & Cruises
    • Ports & Harbours
    • Power & Propulsion
    • Onborad Systems
    • Taxation
    • Tugboats
  • Technology
  • Policy
  • Interviews
  • EVENTS
    • Our Events
    • Partner Events
  • About Us
    • Advisory Board
    • Editor-in-Chief
    • Magazine
    • Glossary