The east-route pipeline is connected to the Power of Siberia pipeline which transports Russian gas to China. A second project, Power of Siberia 2, is currently under consideration and could have a capacity of 50 bcm/year.

This would put the UK's import levels at their highest since February, when it took 991,000 mt of LNG. The country has seen particularly low LNG demand since Q2 of 2024; however, that seems to be shifting as it procures more winter cargoes.

The global oil demand growth forecast for 2024 is revised down slightly by 107 tb/d from the previous month’s assessment to 1.8 mb/d, y-o-y.

Russian gas is still being sold in significant volumes to Slovakia and Hungary, as well as to the Czech Republic which does not have a direct contract. Smaller volumes are going to Italy and Serbia.

Geographic Information Systems (GIS) offer a transformative approach to managing these networks, providing a comprehensive, real-world model of assets and enabling better decision-making and operational efficiency.

The CFE's investment plan for this period consists of US$23.4bn, of which US$12.3bn correspond to new generation projects (13,024 MW), US$7.5bn to transmission infrastructure and US$3.6bn to distribution projects.

"We are ready to supply [gas], though little depends on us here. This is why agreements on that should probably be made directly by consumers and the country ensuring transit," Novak said on the sidelines of an event in Sochi.

The U.S. Department of Energy will allocate almost $2 billion for 38 projects that will directly focus on hardening the U.S. power grid.

The U.S. Department of Energy (DOE) announced nearly $2 billion for 38 projects that will protect the U.S. power grid against growing threats of extreme weather, lower costs for communities, and increase grid capacity to meet load growth stemming from an increase in manufacturing, data centers, and electrification.

DOE announced an investment of $1.5 billion in four transmission projects that will improve grid reliability and resilience, relieve costly transmission congestion, and open access to affordable energy to millions of Americans across the country.

Ultimately, an all-in-one Grid-Edge DERMS solution provides a lower-cost alternative to programs that are siloed, while also creating additional layers of complication for program managers and customers alike.

Amid the lower projections, the department said, "India remains the key export destination for Australian metallurgical coal along with Japan, with volumes remaining relatively stable for both."

What many aren’t aware of is that Russia remains one of the continent’s most important energy suppliers, and the European Union’s goal to end its dependence on Russian fossil fuels by 2027 will be hard to achieve.

The CNY7.1bn (US$998m) transmission project will run for 1,271 km between the cities of Shenmu in northern Shaanxi to Lantian in the south.

In support of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced a $2.2 billion investment in the nation’s grid for eight projects across 18 states