Power prices are expected to soar under new tax cut and spending law
In states without policies to drive renewable energy, power prices could surge as federal tax incentives for clean energy disappear, according to Energy Innovation, a think tank.
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The global gas market is undergoing a period of profound transformation as a result of new sources of supply, demand, changing trade patterns, and technological and policy shifts. The transition to a low-carbon economy and efforts to curb air pollution are also key policy aims that will impact the role of gas in the future energy mix.
The European Commission published a proposed regulation on June 17 to end Russian gas imports by the end of 2027.
China’s dependence on the energy supplies that move through the Strait of Hormuz makes it especially vulnerable to any possible closure of the waterway by Iran in retaliation for attacks by Israel and the United States.
This has become a decade of disruption for energy, especially for natural gas
Saudi Arabia’s recent moves into the liquefied natural gas (LNG) market may be a sign the giant oil exporter is looking to expand into a rapidly growing and politically influential market it had long ignored.
Over the past few decades, liquified natural gas (LNG) trade has evolved from the initial point-to-point business model of the 1960s to become more flexible.
Calls to "Drill, baby drill" are back with Donald Trump's return to the White House, and for US natural gas production, the catchphrase might also be a necessity over the next three years if demand for the fuel grows as steeply as expected.
Earlier this month, China convened its “two sessions”—the annual concurrent meetings of the National People’s Congress (NPC), China’s legislature, and the Chinese People’s Political Consultative Congress, a political advisor body.
Shortly after Donald Trump was elected president of the United States, European Commission President Ursula von der Leyen suggested the European Union could import more US liquefied natural gas (LNG) to further reduce the block’s dependency on Russian gas and as a bargaining chip against Trump’s tariffs linked to the trade deficit.
The phrase "Golden Age of Gas," popularized by the International Energy Agency (IEA) in its 2011 World Energy Outlook report, envisioned a future where natural gas played a dominant role in the global energy mix.