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Oil Price

Fuel Prices up for 8th Straight Week

Fuel prices will increase for eight consecutive weeks as oil firms will impose below PHP1-per liter hike starting Tuesday morning.

Oil Price

Oil Rises as Russia-West Stand-off Alarms Tight Market

LONDON/HOUSTON (Reuters) -Oil prices rose on Monday over the stand-off between Russia and the West over Ukraine, adding to supply concerns that have kept oil pr…

Pumped Storage

Construction Begins on 3.5GWh Gran Canaria Pumped Hydro Plant; Progress on 18GWh More PHES

Construction has started on a 3.5GWh pumped hydro plant in Gran Canaria, Spain, and progress has been made on two other projects totalling 18GWh of storage in m…

Rooftop PV System

Rooftop Solar Installation Price Rise Is Temporary, to Decline from 2023

GlobalData’s latest report reveals that the trend that saw rooftop solar prices decrease between 2013 and 2020 came about because of an increase in the supply …

Hydrogen Technology

First Hydrogen Train in Japan to Hit the Rails for Test Run

The two car “Hybari” train -- a combination of hybrid and the Japanese word for a lark -- cost about 4 billion yen ($35 million) to develop and can travel up …

Microgrid

India Investing Millions for Microgrids

A Colorado company that serves rural communities with solar power-based microgrids announced an investment that would provide more than 100 installations across…

Nuclear Power Plant

Fuqing 6 Reaches Full Power as Hongyanhe 6 Nears Startup

Unit 6 of the Fuqing nuclear power plant in China's Fujian province has reached 100% full power operation for the first time.

Crude Oil

India Expects Fuel Demand to Grow 5.5% in the Next Fiscal Year

India's fuel demand is likely to grow 5.5% in the next fiscal year beginning April 1, initial government estimates show, reflecting a pick-up in industrial acti…

Wave Energy

Wave Energy Nails Spot Among 68 New Projects Getting $175 Million Love Tap from ARPA-E

ARPA-E, the federal office charged with funneling cash into the advanced energy technology pipeline, has included a project in its latest round of funding that …

Natural Gas

Global Crunch Likely to Double Local Gas Prices

An accelerated recovery in energy demand from the covid-lows coupled with inadequate supply expansion in 2021 vaulted prices to record highs, sending shockwaves…

Nuclear Reactor

Nuclear Reactor Crucial to World’s Medical Isotope Supply to Stay Closed for Weeks

The nuclear reactor in Petten, which has been shut down for four weeks due to a leak, will not be restarted until March 17 at the earliest.

LNG

Shell Sees LNG Demand Climbing by 90% over Next 20 Years

Global liquefied natural gas demand is set to surge by 90 percent by 2040 compared to 2021 to exceed 700 million tons annually in two decades, as LNG and gas wi…

Hydrogen Production

'Germany’s First Major Hydrogen Hub' | Uniper to Supply Salzgitter Steel Plant with Green H2 from North Sea Port

Up to 1GW electrolyser at Wilhelmshaven may be linked to gigawatt-scale offshore wind farm while utility also develops H2 import terminal

Energy Investment

Siemens Energy Top-10 Investor Urges Management to Buy Siemens Gamesa

Siemens Energy (ENR1n.DE) should buy the rest of wind turbine maker Siemens Gamesa (SGREN.MC) to accelerate a turnaround at the Spanish-listed firm, Deka, the s…

CCS

Hurdles to a Successful Hydrogen Future in the US

Clean hydrogen production and use must increase by 50 fold by 2050, from 10 million tonnes per year to more than 500 million tonnes, if US decarbonization goals…