Energy

Nuclear Power Plant

Kenya Selects Two Sites for Nuclear Power Production

The government in Kenya has picked Kilifi and Kwale as the two sites best suited for their nuclear energy production ambitions.

OPEC

Russia Will ‘Always’ Be a Part of OPEC+, UAE Energy Minister Says

The United Arab Emirates’ energy and infrastructure minister has insisted that Russia will always be a part of OPEC+ even as governments across the globe shun …

Offshore Wind Power

UK Faces 60 Billion STG Wind Bill and Rising Energy Import Dependence Risk

Some 60 billion pounds is required if Britain is to achieve its goal of quadrupling its offshore wind power capacity to 40 gigawatts by 2030.

United States

Hydropower Industry Sees Room for Growth in US

As the United States pushes to use more low-carbon energy, there has been a recent improvement in relations between the hydropower industry and some environment…

Smart Meter

SparkMeter to Grow Advanced Metering Solution in Emerging Markets

SparkMeter has raised $10 million led by Accurant International and including existing investors Breakthrough Energy Ventures and Clean Energy Ventures.

Solar+Storage Solution for Remote Amazon Village

Remote Vila Restauração in northwest Brazil now has 24/7 power, thanks to the installation of a solar plus storage microgrid.

Germany

Israel, Germany Partner for Sustainable, Affordable Energy

Israel and Germany have partnered to discuss strategic cooperation in bringing a reliable, sustainable, and affordable energy.

Hydrogen Production

How Hydrogen Will Transform Geopolitics

While reinforced by recent events, the push to scale-up clean hydrogen energy has been underway by governments, energy suppliers, and environmentalists alike in…

Crude Oil

China's Sinopec Plans Its Biggest Capital Expenditure in History

China Petroleum & Chemical Corp, better known as Sinopec, is planning its highest capital investment in history for 2022 after recording its best profit in a de…

Natural Gas

Will Importers Cave into Putin’s Gas for Rubles Demand?

Russian President Vladimir Putin recently required “unfriendly” buyers of the country’s natural gas to pay in rubles, a move that could have far-reaching imp…

Ukraine

Ukraine Impact on Energy Prices to Force UK Slowdown

Britain’s economic growth is expected to slow down as the Ukraine conflict raises the cost of energy and commodity prices.

Energy Transition

AfDB Pledges $2.8bn Towards South Africa for Energy Transition

African Development Bank Group President Dr Akinwumi A. Adesina has pledged his institution’s support for South Africa, announcing a $2.8 billion package for t…

Energy Transition

Global Leaders Vow to Strengthen Energy Security and Accelerate Clean Energy Transitions

The IEA Ministerial Meeting saw ministers gather from around the world in response to energy security and climate crises.

LNG

EU Strikes Gas Deal with the U.S. as It Seeks to Cut Its Reliance on Russia

U.S. President Joe Biden and European Commission President Ursula von der Leyen announced the formation of a joint task force to bolster energy security for Ukr…

Oil Price

IEA Ready to Release More Oil to the Market to Cool Prices 'if Needed'

The International Energy Agency said its members are ready to release more oil into the market “if needed” to tackle soaring prices in the wake of Russia's mi…