Arc

Virgin Group and Agilyx Form Strategic Partnership to Produce Lower Carbon Aviation Fuel from Plastic Waste

Virgin Group and chemical conversion technology company Agilyx (earlier post) are forming a strategic partnership to research and develop lower carbon fuel faci…

The 28th World Gas Conference (WGC2022) Early Bird Registration Extended to 31 March 2022

The WGC2022 National Organizing Committee (NOC) has taken the decision to make a one-time extension of the Early Bird Registration for the 28th World Gas Confer…

Banks Haven’t Quit Coal. Study Says Commercial Lenders Have Channeled $1.5 Trillion to the Industry Since 2019

Banks and investors have channeled massive sums of money to support the coal industry in recent years, according to new research, propping up the world’s dirti…

Crude Oil

Barclays Raises 2022 Crude Oil Price Forecasts on Higher IEA Demand View

Barclays raised its crude oil price forecasts for 2022 on Monday, driven by a revision to demand estimates by the International Energy Agency (IEA) last week.

Net Zero Emission

Clean Hydrogen Use Could Result in 15% Cut in GHG Emissions

Goldman Sachs research identifies clean hydrogen as a critical pillar in reaching net zero targets and could lead to 15% cut in greenhouse gas emissions.

Nuclear Reactor

Electricity Production at Finland's New Nuclear Reactor Delayed to March

​Electricity production at Finland’s new Olkiluoto 3 nuclear reactor has now been delayed to March from late February, according to operator Teollisuuden Voim…

Carbon Emissions

Scaling Up Battery Production Reduces Carbon Emissions Significantly

New research from Chalmers University of Technology in Sweden shows how scaling up production through enormous 'gigafactories' can cut the environmental impact …

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…

LNG

MOL Signs Charter for New Arctic LNG 2 Ice-Breaking Carrier

Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a charter contract for a newbuilding ice-breaking carrier to serve Russia’s Arctic LNG 2 project.

Polysilicon Shortages in Solar PV Markets to End Within 18 Months

The solar squeeze of 2021 will be ended by a surge of new polysilicon production capacity coming online in the next two years, according to new research from Re…

Rosatom

MBIR Reactor Construction Program Exceeded by 8% in 2021

The construction program for the MBIR research reactor, which is being built on the site of JSC “SSC RIAR” , was exceeded by 8% in 2021.

Oil & Gas Supply

Opec+ Agrees 400,000 b/d Hike for March

Opec+ ministers have agreed to press ahead with another 400,000 b/d increase in the group's crude output quota next month.

Crude Oil

OPEC+ Set To Continue With 400,000 Bpd Production Increase

The OPEC+ group is expected to decide next week whether it should continue unwinding the oil production cuts by another 400,000 barrels per day in March

Nuclear Power Plant

Test Assembly of MBIR Research Reactor Vessel Carried Out

The six pieces of equipment involved in the test at the Volgodonsk branch of AEM technologies had a combined weight of 164 tonnes.

South Korea

S Korea Election Offers Potential for Nuclear Change

South Korea's upcoming presidential election on 9 March opens up the possibility for a sharp change in the country's nuclear policy.