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Total has declared Force Majeure on LNG project

Total has declared Force Majeure on LNG project: It has been declared by energy giant Total that Force Majeure on its Mozambique Liquefied Natural Gas (LNG) Project. It reached that decision for security reasons the firm said. “Considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, Total…
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Susceptibility of GB markets to LNG volatility may rise

Susceptibility of GB markets to LNG volatility may rise

Susceptibility of GB markets to LNG volatility may rise: Liquified Natural Gas (LNG) prices and demand have enjoyed unprecedented momentum in recent months, with Asian spot LNG prices reaching an all-time high of 211.94p/th on 15 January. However, LNG’s recording break run has ended in the last few weeks, with prices having fallen significantly. In…
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Australian renewables

Australian renewables see wholesale buck January trends

Australian renewables see wholesale buck January trends: In Australia, the month of January normally sees a spike in the average wholesale price. However, according to research from Cornwall Insight Australia, January bucked this historical trend with the price trending lower in the first month of 2021 across all states, building on the low-price outcomes in…
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First UK homes heated with hydrogen in presentation

First UK homes heated with hydrogen in presentation: The first homes have been heated utilising hydrogen gas as part of a demonstration program in Northumberland. The HyStreet test site made up of specially-built demonstration houses, with more than 200 tests finished to research and confirm the safety of swiching homes & gas networks to hydrogen.…
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