ENERGY

Authored by RFE/RL Staff via OilPrice.com,

• Tajikistan has announced that electricity rationing will begin a month earlier than usual this year due to a water shortage and growing population.

• The country has been promising to end energy rationing for decades, but construction of the Roghun hydroelectric plant has been delayed.

• Despite domestic shortages, Tajikistan continues to export electricity to neighboring countries.

Tajik officials have backed off (more…)

Oil pries rallied to one-month highs today after China's stimmy package prompted demand hope (and OPEC doubled down on forecasts that global oil demand will keep growing to the middle of the century).

Additionally, the threat of another hurricane in the Gulf Coast, "dealt a blow to the bearish sentiment that dominated the oil markets in the past three weeks," Claudio Galimberti, global market analysis director at Rystad Energy, wrote in a market update Tuesday.

Will (more…)

Authored by Alex Kimani via OilPrice.com,

Shell Plc has ditched plans to build a low-carbon hydrogen plant on Norway's west coast due to a lack of demand, Reuters reported on Monday. 

Shell’s announcement comes hot on the heels of a similar move by oil and gas giant, Equinor ASA.

Last week, the Norwegian state-owned multinational energy company announced that it will not move forward with plans to build a pipeline to carry hydrogen from Norway to Germany with partner RWE (more…)