Arc

Crude Oil

Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged

War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, research by Norway’s energy intel…

Hydrogen Fuel Cell Vehicle

Five Hydrogen Buses to Hit the Roads in Palma De Mallorca, Spain

Hydrogen buses will be hitting roads in Palma de Mallorca with Solaris revealing today (March 3) plans to establish the zero-emission buses on the Spanish city…

Crude Oil

Canada Eyeing Russian Oligarch Holdings in its Oil-Rich West

Canada is examining assets of Russian oligarchs and considering more sanctions, Finance Minister Chrystia Freeland said, as Western nations increase pressure on…

LNG

Italy Halts Funding for $21 Billion Arctic LNG 2 Project

Italy has halted its share of the financing for the Arctic LNG 2 project, as Western companies and countries continue to sell their stakes in Russian energy pro…

Oil Price

UAE Fuel Prices Increase by 11% in March; Cross Dh3-Mark Per Litre

The UAE on Monday increased oil prices for March 2022 by up to 11 per cent per litre as compared to February, in line with the surge in global crude prices due …

Hydrogen Fuel Cell

Spain to Gain its ‘First’ Hybrid Hydrogen Fuel Cell System to Decarbonise Construction Sites

Spain will receive a boost to its hydrogen ecosystem today (March 1) with AFC Energy and ACCIONA revealing that its “first” hybrid hydrogen fuel cell system w…

Wave Energy

Eni Joins Technical Advisory Board of EU-backed Wave Energy Project

Italian energy giant Eni has joined the technical advisory board of the IMPACT project, a collaborative research and innovation scheme which aims to develop nex…

Solar Power Plant

Kerala CM to Open Payyanur Solar Plant, Built by CIAL, on March 6

Kerala Chief Minister Pinarayi Vijayan will open a 12 MW solar power plant at Payyanur in Kannur district on March 6.

Nuclear Reactor

Brazil Looks at Nuclear Power as Demand for Electricity Grows

A government agency that supports research into Brazil’s energy sector has forecast a significant jump in demand for electricity within the country over the ne…

India

Pakistan to Raise Objections over 10 Indian Hydro Projects

Pakistan is likely to raise objections over the construction of 10 new hydropower projects by India at the annual meeting of the Permanent Commission on Indus W…

Carbon Emissions

New Process Offers Promising Route to Decarbonizing Thermal Energy

Researchers are focusing on effective ways to store and transmit thermal energy.

Joe Biden

Biden Set to Push Plan to Lower Energy Costs

President Joe Biden will focus on bringing down consumer prices during his first State of the Union address on 1 March, in part by outlining plans to lower cost…

Solar Power Plant

Cochin Airport to Be Power-positive With New Solar Plant from March 6

The Cochin International Airport Limited (CIAL), the world’s first airport fully powered by solar energy, is to become power-positive with the commissioning of…

Coal Production

China Starts Building 33 GW of Coal Power in 2021, Most Since 2016

China started building 33 gigawatts of new coal-fired power generation capacity last year, the most since 2016, research published on Thursday showed, a sign th…

Oil Price

Oil Prices Could Jump by $20 if Ukraine Crisis Worsens, Warns BofA

Global oil benchmark Brent crude could rise by $5-$20 a barrel depending on the severity of the Russia-Ukraine crisis, Bank of America (BofA) Global Research s…