Business : Page 6

India to commission world’s longest LPG pipeline by June

March 7, 2025 India’s state-run refiners are set to fully commission the world’s longest liquefied petroleum gas (LPG) pipeline by June, a major development expected to reduce fuel transportation costs and enhance road safety.

U.S. drillers add oil and gas rigs to 593

February 28, 2025 U.S. energy firms this week added oil and natural gas rigs, Baker Hughes said.

Plans revealed for train service from UK to Italy and Germany

February 28, 2025 London St. Pancras Highspeed has agreed to work with Eurotunnel on a strategic partnership to boost high-speed rail connectivity between the UK and Europe.

DR Congo to suspend cobalt exports for four months

February 28, 2025 The Democratic Republic of the Congo (DRC) has announced a four-month suspension of cobalt exports to regulate supply amid concerns of overproduction in the global market, authorities said.\r\n

U.S. rig count up to 592

February 21, 2025 The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published.

Ground broken on subsea electricity link between England and Scotland

February 21, 2025 Eastern Green Link 1, a joint venture between SP Energy Networks and National Grid Electricity Transmission, will transport green electricity for two million homes along over 190km of predominantly undersea cable linking the south-east of Scotland with the north-east of England.

Europe’s LNG imports decline 19% with gas demand at 11-year low

February 21, 2025 European LNG imports fell by 19% in 2024 as gas consumption was at an 11-year low, thanks in part to renewable energy additions.

2Africa subsea cable reaches Crete

February 21, 2025 The 2Africa subsea cable system, the largest of its kind globally, has officially reached Vodafone Greece’s cable landing station at Tympaki, located in the southern part of Crete.

Baker Hughes reports U.S. rig count up 2 to 588

February 14, 2025 Baker Hughes reported that the U.S. rig count is up 2 from last week to 588 with oil rigs up 1 to 481, gas rigs up 1 to 101 and miscellaneous rigs up unchanged at 6.

Attorney General coalition probing asset managers’ activity regarding Chinese investments

February 14, 2025 Attorney General Steve Marshall joined a coalition of 17 attorneys general in demanding answers from the world’s top asset managers to determine if they are misrepresenting and omitting essential disclosures regarding Chinese investments.

Cable laying begins for Tyrrhenian Link interconnector in Italy

February 14, 2025 The initial phase of the submarine cable laying for the eastern section of the Tyrrhenian Link, one of the most significant power infrastructure projects in Italy, has commenced in Fiumetorto, within the municipality of Termini Imerese (PA).

Construction of Serbia-Hungary oil pipeline to begin by end-2025

February 14, 2025 Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic announced works to build a Serbia-Hungary oil pipeline would begin by the end of the year.