The second energy crisis in less than five years — both triggered by wars, first in Ukraine and then in the Middle East — is dismantling resistance to a shift away from fossil fuels. Month by month the debate over electrification gains momentum: powering economic sectors that still rely on coal, oil, and gas with electricity. If there were few arguments left —environmental, economic, and strategic autonomy — in favor of a rapid electrification, gasoline and diesel prices in Europe have delivered the final blow.

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KARACHI: State-run Pakistan LNG Limited (PLL) has issued a fresh tender to procure one spot cargo of liquefied natural gas for delivery between September 4 and 8, as global supply disruptions stemming from the Middle East war continue to strain the country’s gas-fired power generation. PLL invited bids from international suppliers for a single cargo ... Read more

The post Pakistan returns to spot LNG market with fresh tender as power generation takes a hit appeared first on BOL News.

The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by CMA CGM S.A. and TotalEnergies S.E., both of France.

The transaction relates primarily to LNG bunkering logistics services.

The Commission concluded that the notified transaction would not raise competition concerns, given that the joint venture will have negligible activities in the European Economic Area and given the companies' limited combined market positions resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.

More information is available on the Commission's competition website, in the public case register under the case number M.12406.