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Energy
Wind Farm
Renewable Power Capital 10-Year Wind Energy Deal with Gasum Builds Renewable Investment Momentum in Finland
Gasum has signed a ten-year power purchase agreement with Renewable Power Capital (RPC) to buy the majority of the output from the 44MW Rustari onshore wind far…
Energy Storage Battery
PV to Account for About Half of Planned US Utility-Scale Capacity Additions
The US Energy Information Administration says that over the next two years, 60% of new capacity additions in the United States will be solar or battery energy s…
Hydrogen Fuel Cell Vehicle
Is Hydrogen Fuel Cell Technology Ready for the Mainstream?
Countries and companies worldwide – including automakers and oil giants – have been pouring billions into hydrogen fuel cell technology in the hopes that it w…
Natural Gas
Germany Says It Won't Stop Buying Russian Energy Despite Moscow’s War in Ukraine
Germany will continue to buy natural gas, oil and coal from Russia despite Vladimir Putin’s aggression against Ukraine, the government in Berlin said Monday.
Oil Price
Russia Warns West of $300 per Barrel Oil, Cuts in EU Gas Supply
Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments follow through o…
Energy Transition
Post-Merger with Aker BP, Lundin Energy Leaving Behind Oil & Gas Business to Focus on Renewables
Following the completion of the merger of Aker BP’s and Lundin Energy’s E&P businesses, the latter will remain with renewable energy assets, focusing on creat…
Hydrogen Storage
Green Hydrogen Could Be a ‘Game Changer’ in Energy Industry
This is even as hydrogen only accounts for 0.2% of electricity generation currently.
Oil Shale
OPEC Meet with U.S. Shale Executives at U.S. Energy Conference as Oil Prices Skyrocket
Officials from the Organization of the Petroleum Exporting Countries on Monday met with executives of several top U.S. shale oil companies at a top U.S. energy …
Oil Price
Vitol’s Muller Says High Oil Prices may Lead to Demand Destruction
High oil prices are likely to lead to demand destruction amid a scarcity of crude and little spare capacity globally as the disruption to energy supplies from R…
Wind Farm
Tyrone Windfarm Project Acquired by Dublin-Based NTR
A WINDFARM project on the Tyrone-Fermanagh border has been acquired by Dublin-based renewable energy company NTR for an undisclosed sum.
Oil & Gas Supply
Alberta Oil can be a Solution to U.S. Energy Supply Crunch
Alberta, Canada’s main oil-producing region, can help alleviate the global oil supply crunch caused by energy disruptions, Alberta energy minister, Sonya Savag…
Energy Storage Battery
EIA Sees Continued Sunny Skies for Solar and Energy Storage
Power plant developers and operators expect to add 85 GW of new generating capacity to the U.S. power grid from 2022 to 2023, according to data reported by the …
Electric Car
U.S. Clean Energy Investments Topped $100b in 2021
A record-breaking $105 billion was invested into U.S. clean energy assets in 2021, according to market analysis.
Ukraine Crisis Has Rewired Thinking on Future of Energy for Europe
Effects of sanctions, informal bans, war disruption and Russian counter-measures risks supplies of fossil fuels, fertilisers, food, aluminium, metals used in ba…
Electric Car
Electric Vehicle Manufacturer Lucid to Build KSA Factory
Construction of electric vehicle manufacturer Lucid's production facility to begin in KSA in the first half of 2022.
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