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Oil Refinery

Lukoil Says Its Italian Refinery Will Continue Operations After EU Embargo

Lukoil said on Friday that it is ready to ensure continued operations at the site after the EU embargo on imports of Russian crude by sea takes effect on Decemb…

Crude Oil

Poland Approves $60 G7 Oil Price Cap

Poland has agreed to a $60 price cap on Russian crude oil, Poland’s Ambassador to the EU, Andrzej Sados, said on Friday.

Crude Oil

Aker BP to Invest $19 Billion in Offshore Oil Projects in Norway

Norway’s oil and gas firm Aker BP approved plans to invest $19 billion in developing new projects offshore Norway by 2028, raising its initial capital expendit…

Nuclear Power Plant

Nuclear Power Is Finally Poised to Ramp up Again in Japan

The Japanese have been hesitant to re-embrace nuclear power following the triple reactor meltdowns at the Fukushima Daiichi plant in 2011, but there are indicat…

Energy Transition

Sustainable, Low-Cost Hydrogen - a Revolutionary Step in the Energy Transition

Governments and corporations are under increasing pressure to adopt large-scale renewable energy sources and meet current climate goals to help mitigate the eff…

Solar Power Plant

Dubai’s Concentrated Solar Power Project Starts Supplying Electricity to the Grid

It is the largest concentrated solar power project in the world in terms of installed capacity, investment size, and molten salt reserve heat.

Crude Oil

Nigeria to End Imports of Petroleum Products in 2023

Nigeria—a major petroleum products importer—expects to stop importing petroleum products starting in the third quarter of next year, Nigeria’s oil minister T…

Wind Power Project

EU Determined to Secure Its Wind Energy Industrial Base

The European Commission is launching “Clean Tech Europe”, a new platform to strengthen its value chains for clean energy.

Carbon Emissions

Rio Tinto to Invest $600 Mln More in Renewable Energy Assets

Rio Tinto Ltd plans to invest a further $600 million in renewable energy assets in the iron ore-rich Pilbara region of Western Australia, the miner said on Wedn…

Nigeria

Nigeria Aims to End Imports of Petroleum Products Next Year

Nigeria expects to stop importing petroleum products from before or around the third quarter of 2023, its oil minister Timipre Sylva said on Tuesday.

Wind Power Project

Octopus Energy Identifies 2.3 GW Onshore Wind Potential in Britain

Octopus Energy Generation’s match-making platform for wind energy identifies 2.3 GW of potential new British onshore wind energy that could be unleashed where …

Energy Saving

Reduced French Energy Consumption Largely Owing to Mild Weather, Says Govt

Energy saving measures by households and businesses accounted for only a small amount of a reduction in French electricity consumption in November, most of whic…

SMR

How SMRs Can Aid Romania’s Energy Independence

Small modular reactors (SMRs) offer Romania a reliable, affordable, and clean energy source, writes Mihai Darie of Last Energy.

Electric Vehicle Battery

Waiting for Superbatteries

They are still a long way from matching the energy density of liquid fuel.

LNG

Europe to Raise LNG Import Capacity Significantly Through 2024

The EU and the UK are expected to raise their combined LNG import capacity by 34%, or by 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021.