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Solar Power Plant
Solarvest Secures Contracts for 40MW Solar Plants Development
The three solar plants to be constructed were valued at around $36.8m.
Crude Oil
Eni Suspends Russia Oil Purchase over Ukraine Invasion
Eni, which has already suspended its JVs with Russia’s Rosneft, has take-or-pay gas contracts with Russian energy firm Gazprom.
Offshore Wind Power
Vestas Inks Deal in South Korea for 9-Gigawatt Offshore Wind Complex
Danish wind turbine manufacturer Vestas has signed a Memorandum of Understanding with Ulsan City, Ulsan Port Authority, and Sejin Heavy Industries & Constructio…
Nuclear Fuel
Pressure on U.S. Nuclear Power Could Mount if Sanctions Imposed on Russian Uranium
Russia’s invasion of Ukraine and ensuing sanctions may have a limited immediate impact on the U.S. nuclear industry, despite its reliance on uranium imports.
Nuclear Power Plant
Chernobyl Power Cut, Transmission Lost at Europe's Largest Atomic Plant: IAEA
Power has been cut to the Chernobyl nuclear plant, Ukraine said Wednesday, but the UN's atomic watchdog said there was "no critical impact on safety".
Oil Price
Oil Extends Losses; Russia to Fulfil Supply Contracts
Oil extends losses by nearly 2% after 13% plunge on Wednesday. Russia pledges to fulfil contractual obligations
Oil & Gas Supply
European Oil and Gas Majors’ Exposure to Russia Is Limited
European oil and gas major’s planned exit from Russia or curtailed operations in the country will have a limited impact on their credit metrics, Fitch Ratings …
Carbon Emissions
Fighting Climate Change with Carbon Capture and Utilization Technologies
Last month the Biden-Harris administration unveiled ambitious plans to reduce carbon emissions through clean manufacturing that include federal investments of m…
Investigating an Innovative Solution for Thermal Energy Storage
A PCM's ability to absorb and release energy has recently attracted more attention because of society's shift from fossil fuels towards renewable energy sources…
Carbon Emissions
Global Energy-Related CO2 Emissions ‘Hit Highest Level in History in 2021’
Increased use of coal was the main factor driving up emissions by over two billion tonnes, according to the IEA.
Nuclear Power Plant
S. Korea Likely to Return to Nuclear Power Generation Under New Govt.
South Korea is likely to make a U-turn from its yearslong nuclear phase-out drive as President-elect Yoon Suk-yeol has vowed to scrap the policy and make the co…
Wind Turbine
Danish Wind Turbine Giant Vestas to Suspend Work on Four Projects in Russia
Danish wind turbine manufacturing giant Vestas will suspend work on four Russian wind projects in response to Russia’s invasion of Ukraine. Vestas will also su…
Crude Oil
US Shale Investors Worry over Impact of Output Jump
US shale oil investors are concerned that quickly ramping up production to capture soaring crude prices could upset confidence in the steady growth business mod…
Nuclear Power Plant
IAEA Concern over Situation at Chernobyl
IAEA says that reported power loss at Chernobyl violates one of its seven key 'safety pillars' but "in this case sees no critical impact on safety"
Oil Exploration
Opportunities Still Exist in Kenya’s Oil, Gas Sector
Last week Kenya announced for sale 35 oil and gas exploration blocks mostly in the natural gas prone coastal Lamu Basin. This is an indication of revived upstre…
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