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Thermal Plant

Maibarara Geothermal Plans Up to 30 MW Expansion Capacity

Capacity expansion of 10 to 30 MW for the Maibarara geothermal project in the Philippines is planned within the next three or four years.

Nuclear Power Plant

Ukraine Says Nuclear Plants 'Operating Normally'

The State Nuclear Regulatory Inspectorate of Ukraine, in its update at 08:00 local time (06:00 GMT) on Monday 28 February said, there have been "no violations" …

Nuclear Reactor

Chinese SMR Containment Takes Shape

The lower section of the steel containment shell has been installed for the ACP100 small modular reactor (SMR) demonstration project at the Changjiang nuclear p…

Oil & Gas Supply

Carve-out in U.S. Sanctions will Still let Russia Profit from Oil, Gas

There is a glaring carve-out in President Joe Biden’s sanctions against Russia: Oil and natural gas from that country will continue to flow freely to the rest …

CCS

Energy Partners Announce CCS Project at Port of Corpus Christi

Talos Energy and Howard Energy Partners (HEP) plan to pursue opportunities for carbon capture and sequestration (CCS) at the Port of Corpus Christi, under a new…

Chevron Is Buying Renewable Energy Group for $3.15 Billion

Chevron will buy the biofuels company Renewable Energy Group for $3.15 billion, the companies announced on Feb. 28.

OPEC

Saudi Crown Prince Says Kingdom Still Committed to OPEC+ Oil Agreement with Russia

Saudi Arabia remains committed to OPEC+ agreement, Crown Prince Mohammed bin Salman told French President Emmanuel Macron Feb. 27, in an endorsement for the blo…

Decarbonising Industry Can Be ‘Mission Possible and Profitable’

Decarbonising hard-to-abate sectors of industry will take a programme of co-ordination, investment and policy on a scale not seen since Europe’s post-war recov…

Energy Investment

Norway’s Equinor will End Investments in Russia, Exit Joint Ventures

Norway’s Equinor said Feb. 28 that it has decided to stop new investments in Russia and start exiting from joint ventures because of Russia’s invasion of Ukra…

Offshore Wind Power

TotalEnergies Wins Maritime Lease to Develop Wind Farm Offshore New York and New Jersey

TotalEnergies was named a winner of maritime lease area OCS-A 0538 by the BOEM (Bureau of Ocean Energy Management) in the New York Bight auction last week.

Oil Price

India Ready to Tap National Oil Stocks Further to Tackle Soaring Prices

India is prepared to release additional crude from its national stocks in support of efforts by other major oil importers to mitigate surging global prices, the…

Oil Price

Can African Oil Producers Take Advantage of Increasing Oil Prices?

Russia's invasion of Ukraine has pushed the price of oil to over $100 per barrel. But, it's also opened an opportunity for African oil producers like Nigeria, A…

Oil Price

Oil Could Jump Back Above $100 as Traders Assess Russia SWIFT Ban

A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a barrel as …

LNG

Shell to Exit Russia After Ukraine Invasion, Joining BP

Shell will exit all its Russian operations, including a major liquefied natural gas plant, it said on Monday, becoming the latest major Western energy company t…

Australia

Origin Unveils Plan for Green Hydrogen Hub on Australia's East Coast

Australia’s Origin Energy has unveiled plans for a potential hydrogen hub in one of Australia’s key coal regions.