Germany’s SEFE Strikes 10-Year Deal for Gas From Azerbaijan
(Bloomberg) — Germany’s state-owned SEFE signed a 10-year deal to buy gas from Azerbaijan’s state-owned Socar. The agreement,…
ExxonMobil to sell subsidiary to North Atlantic France
ExxonMobil France Holding has entered into exclusive negotiations with North Atlantic France SAS for both the proposed sale…
London-based Applied Computing raises €10.7 million to bring AI to the energy industry
British AI company Applied Computing, focused on foundation models built specifically for the Oil, Gas and Petrochemical Industries,…
EU Will Work on Setting Water Use Caps for Thirsty Data
(Bloomberg) — The European Union will work on setting minimum performance standards to curb water usage in data…
Germany’s Red Tape Creates a Berlin-Sized Hole in Energy
(Bloomberg) — Nestled along the banks of the Neckar River in southwest Germany, the bucolic university town of…
US Commodities to Avoid Strict Checks Under EU Deforestation
(Bloomberg) — US commodity producers will likely avoid strict checks under the European Union’s rules to curb deforestation…
Germany Faces Gas Storage Challenge as Italy Adopts Subsidy
(Bloomberg) — Germany’s bid to rebuild depleted natural gas inventories as the summer refilling season gets under way…