The Canadian government recently announced its support for the Cedar LNG project,which is a joint venture between the Heslar Nation and Canadian energy infrastructure company Pembina Pipeline Corporation.The project plans to build a floating liquefied natural gas(FLNG)facility with an annual capacity of 3.3 million tons on the Heslar Nation’s traditional territory on the west coast

The Mexican Energy Regulatory Commission recently issued a new regulation numbered A/113/2024 on how to integrate energy storage systems(EES)into the national power system.According to the International Energy Agency(IEA)report,Mexico is one of the fastest-growing regions in the global energy storage market. According to Mexico’s Indicative Plan for Power Plant Installation and Decommissioning,from 2024 to 2038,Mexico plans

The National Energy Administration recently issued the”Guiding Opinions on Energy Work in 2025″(hereinafter referred to as the”Guiding Opinions”),which proposes that by 2025,the total installed capacity of power generation in China will reach over 3.6 billion kilowatts,the newly added installed capacity of new energy generation will be over 200 million kilowatts,and the installed capacity of pumped

Since the beginning of the year,due to the geopolitical situation and domestic policies,the operating load of refineries has remained low,and the supply of asphalt raw materials has continued to tighten.Although the demand for asphalt is still in the seasonal off-season,the accumulation of spot goods is limited,and the absolute level of inventory is not high,which provides

On February 24th,the spot reference price of CCTD Bohai Rim thermal coal was 724 yuan/ton,a decrease of 5 yuan/ton on a daily basis and 22 yuan/ton on a weekly basis,reaching the lowest point in nearly 4 years.Industry experts believe that due to the current loose supply,there is still room for coal prices to decline in

In 2025,as global attention to renewable energy continues to increase,Spain,as a country with enormous potential for solar and wind energy,is at the forefront of energy transition.However,despite rapid technological advancements and increasing deployment of clean energy,achieving a fully renewable energy system still requires overcoming a series of challenges. Electra and Contigo Energía recently analyzed the current

Shell’s scenario forecast released on Wednesday shows that global demand for liquefied natural gas(LNG)will significantly increase in the coming years,while natural gas demand may flatten out and oil demand may peak in the early 2030s.Shell simulated long-term energy security trends through three different scenarios,but emphasized that these predictions do not represent its strategy or business

In the fourth quarter of 2024,Ørsted reported impairment losses of KRK 12.1 billion(approximately EUR 1.62 billion).This loss is mainly attributed to the increase in costs of its US offshore wind business,particularly related to the development of the 924 MW Sunrise Wind project along the coast of New York. Financial pressure stems from various factors,including rising

In 2024,the proportion of renewable energy generation in the EU will reach 48%,while the proportion of fossil fuel generation will decrease to 28%.Nuclear power generation will account for 24%,setting a historical low for fossil fuel generation.Among them,the photovoltaic power generation is 281.09TWh,an increase of 19%compared to 2023;In 2024,the EU’s electricity demand will grow by less

Europe is experiencing cold weather,leading to an increase in heating demand and forcing natural gas reserves to be depleted at the fastest rate in seven years.Although this will not cause a natural gas shortage in Europe,it is enough to raise concerns in the market. According to data from European natural gas infrastructure,the current natural gas