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Coal Mine
Coal Mines Transformed Society. Now, Their Flooded Remains Could Heat the Homes of the Future
The ramifications of the Industrial Revolution, which had its roots in 18th-century Britain, were huge.
Hassyan Power Plant Adds 1,200MW to Dubai’s Electric Grid
The production capacity of Hassyan power complex has reached 1,200 megawatts, according to the Dubai Electricity and Water Authority.
Nuclear Reactor
Nuclear Power’s Future Is Looking Brighter
Between 2009 and 2019, global consumption of renewable energy grew at an annual average of 13.4%. Over that time, renewable energy consumption grew from 8.2 exa…
Natural Gas
Equinor Posts US$15bn Earnings on High Gas Prices
Equinor capitalised on high prices for gas and liquids by posting earnings of US$15bn and recording free cash flow of US$25bn in Q4 2021.
Oil Price
Big Oil Is Pumping out Cash as if $100 Oil Has Already Arrived
The world’s oil supermajors are pumping out cash as if crude was already trading at $100 a barrel.
Oil Price
South Korea's Hyundai Oilbank to Supply 80,000 b/d Middle Distillates to Aramco Trading
South Korean oil refiner Hyundai Oilbank has agreed to provide Won 3 trillion ($2.5 billion) worth of refined oil products to oil giant Saudi Aramco's trading a…
Distributed energy
Australia Awards $451k to Boost Distributed Energy in Low Voltage Areas
The Australian Renewable Energy Agency (ARENA) has announced funding worth AUD$451,167 (£239,243) for a demonstration project to boost the use of home solar po…
CCS
Eni Signs up for Carbon Capture Deal
Oil major Eni UK has announced the signing of 19 Memorandums of Understanding (MoUs) with companies interested in having their emissions captured, transported a…
Energy Transition
RWE to Spend €15bn on German Decarbonisation Portfolio
German utility RWE has announced a plan to invest €15 billion ($17.1 billion) to expand its portfolio of green energy in a move to accelerate the energy transi…
France
France Remains Europe’s Biggest Power Exporter Despite Winter Imports
France maintained its position as the biggest net exporter of power in Europe in the second half of 2021, despite an extreme reliance on imports at the beginnin…
Hydrogen Project
DNV Launches Green Hydrogen Joint Industry Project
Together with 18 industry partners, DNV is launching a new Joint Industry Project to enhance the standardisation for reliable, safe, and cost-efficient hydrogen…
Hydropower Plant
Investments in Hydro Set to Increase in 2022 Says New Research
Hydropower capacity in 2022 is set to exceed 1200GW and investments will climb to $36.3 billion, new research from Rystad Energy has suggested, with hydro set t…
Offshore Wind Power
Norway to Launch 1.5 Gigawatt Offshore Wind Tender
Norway will launch later this year its first tender for bottom-fixed offshore wind turbines in the southern North Sea, planning to develop 1.5 gigawatt of elect…
Siemens Reports “Solid Performance” for Gas and Power
Siemens announced its results for the first quarter of fiscal year 2022 that ended Dec. 31, 2021.
Oil Price
JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate
JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the geopolitical conditions between Russia and Ukraine deteriorate.
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