Energy

Nuclear Power Plant

Belgium Delays Nuclear Energy Exit 10 Years Due to Ukraine War

Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, spooked by the huge rise in energy prices due to the Russian invasion of Ukraine.

Oil Price

Saudi Aramco’s Full-Year Profit More than Doubles on Soaring Oil Prices

Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion.

LNG

Germany in Talks with Qatar on Long-Term Gas Supplies to Reduce Russian Dependence

Germany and Qatar are negotiating a long-term energy partnership, government officials from both sides said Sunday, as Europe's biggest economy seeks to become …

Carbon Neutral

Will 30 Years Be Enough to Achieve Carbon Neutrality?

Countries need time to decarbonise old assets, too, Black & Veatch claims.

United States

Energy Major BP Aims to Double Convenience Earnings by 2030

Energy major bp recently unveiled a series of new initiatives for innovating the future of fuel and convenience stations in the US.

Nuclear Reactor

Belgium's Plans to Scrap Nuclear Energy Delayed by 10 Years Because of Russia-Ukraine War

Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, worried by the rise in energy prices caused by the Russian intervention in Ukraine…

Nuclear Power Plant

IAEA Continues Efforts for a Safety Framework for Ukraine

The International Atomic Energy Agency (IAEA) director general says consultations about an agreement for the safety and security of Ukraine's nuclear facilities…

Electric Car

India to Pilot Hydrogen Vehicles

In the initiative Toyota’s Indian operation Toyota Kirloskar Motor is partnering with the International Centre for Automotive Technology (ICAT) to evaluate the…

Electric Car

Maserati Goes all Electric

Maserati has announced it is ready to unveil its Folgore Gran Turismo, the first car in the Italian luxury car brand’s history to be powered entirely by batter…

Crude Oil

National Daily Oil Output Totals 684,100 Barrels

Azerbaijan's daily oil production, including condensate, amounted to 684,100 barrels in February 2022, the Energy Ministry has reported.

Crude Oil

India Buys Russian Oil Despite Pressure for Sanctions

The state-run Indian Oil Corp. bought 3 million barrels of crude oil from Russia earlier this week to secure its energy needs, resisting Western pressure to avo…

China

China's Major Coal-Producing Region Embraces New Energy

North China's Inner Mongolia Autonomous Region, a major coal production hub, has set a target to see the amount of new energy power generation surpass that of t…

Nuclear Power Plant

Can Nuclear Generation Reduce European Reliance on Russian Gas?

Following Russia's invasion of Ukraine, the International Energy Agency and the European Commission have come up with plans to rapidly reduce the European Union…

Wind Power Project

Germany Has Turned the Corner on Onshore Wind Energy

The German Energy Regulator (Bundesnetzagentur) has announced the results of Germany’s latest onshore wind auction. After almost two years of undersubscribed a…

Wind Power Project

GE, Ibredrola to Install Turbines for Onshore Wind Project in New South Wales

GE Renewable Energy and Iberdrola Australia entered an agreement to supply and install 38 wind turbines for the Flyers Creek project in New South Wales which wi…