Iberdrola has cautioned that energy prices in Spain could surge if the government decides to close nuclear plants. The utility company emphasized that these facilities are crucial for maintaining stable energy costs amid rising demands.
Browsing: energy sector
Drones targeting Russia’s energy infrastructure have raised alarms in Moscow, prompting calls for urgent countermeasures. The attacks pose significant threats to energy security, reflecting heightened tensions in the ongoing conflict.
In a recent call to action, energy CEOs urged the Canadian government to fast-track new pipeline projects. They argue that accelerated development is crucial for enhancing energy security and meeting growing demand while bolstering economic growth.
Argentina’s state-owned energy firm YPF is poised to make a final investment decision (FID) on its LNG export terminal by the second quarter of this year, signaling a significant step forward in the country’s efforts to enhance its gas export capabilities.
Italy’s antitrust authority has granted conditional approval for Italgas’ acquisition of 2i Rete Gas, a significant move aimed at enhancing the country’s gas distribution network. The decision underscores ongoing efforts to promote competition in the energy sector.
Argentina’s crude oil and natural gas production is approaching record highs, according to the Energy Information Administration (EIA). This surge reflects the country’s growing role as a key player in the South American energy landscape, driven by robust investments and technological advancements.