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Energy Transition

The Energy Transition Is Just Getting Started

2021 saw continued positive momentum for the energy transition, with policy commitments and investments made to accelerate the decarbonization of the global ene…

Wind Power Project

Europe’s Wind Sector not Growing Fast Enough to Meet Climate Targets – Report

Europe is not building enough new wind energy to reach its energy and climate targets

Energy Storage Technology

£7m for UK Flow Battery and Energy Storage Projects

The UK government has announced £6.7m (€8m ) for new energy storage technologies. This includes flow batteries to sit alongside wind and solar farms, using va…

Oil Price

Oil at $103: No Fears of Supply Disruption to India, Prices a Concern

International oil prices surged to over a seven-year high of USD 103 a barrel on Thursday after Russia attacked Ukraine, but supply lines to India remain unaffe…

Oil Price

Russia-Ukraine Crisis Highlights Need for 'Energy Independence' in PH

The conflict between Ukraine and Russia, which has a direct impact on global oil prices, highlighted the importance of developing more energy sources in the cou…

Oil Price

Prolonged Ukraine Crisis, High Crude Prices may Push India's Import Bill up by 15 Per Cent: Experts

The surge in Brent oil to USD 105 a barrel for the first time since 2014 driven by the escalation of the Ukraine crisis has triggered fears of a disruption to t…

Wind Turbine

Siemens Gamesa to Deliver Wind Turbines for Poland’s Baltyk II and III

Norwegian energy company Equinor, together with their partner, the Polish electricity company Polenergia, have selected Siemens Gamesa to supply wind turbine ge…

Energy Storage System

Subsea 7 and FLASC Awarded Grant for Offshore Energy Storage Project

Subsea 7 and technology partner FLASC B.V., have been awarded a grant from the UK government Department for Business, Energy and Industrial Strategy (BEIS) for …

Oil Price

Oil Hovering Around $100 may Give a Crude Shock to Inflation, CAD, GDP

Brent crude oil crossed $100 a barrel on Thursday for the first time since 2014 prompted by the Russia-Ukraine conflict.

Natural Gas

Why Europe Is So Dependent on Russia for Natural Gas

Europeans have been suffering under painfully high energy prices in the lead-up to Russia launching an attack on Ukraine on Thursday morning.

Pumped Storage

Bilfinger to Support Construction of Limberg III Pumped Storage in Austria

Bilfinger has received an order to support Austria’s VERBUND Hydro Power GmbH with the construction of the 480 MW Limberg III pumped storage power plant in Kap…

Hydro Generator Unit

SJVN Signs Loan Agreement to Advance 900 MW Arun 3 Hydroelectric

SJVN Arun-3 Power Development Company, a subsidiary of SJVN Limited in Nepal, has signed term loan documents for an INR6,334,000,000 ($84.85 million) loan to fu…

Nuclear Power Plant

Russian Forces Just Captured Chernobyl. What Are the Radioactive Risks?

The facility suffered a catastrophic meltdown in 1986, but actual nuclear weapons represent a more concerning atomic threat.

Hydrogen Fuel Cell Vehicle

Chevron, Iwatani to Develop 30 Hydrogen Stations in California by 2026

Chevron and Iwatani will co-develop 30 new hydrogen stations in California by 2026.

Oil Price

Oil Tops $105/bbl After Russia Attacks Ukraine

Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014 before easing, after Russia's attack on Ukraine exacerbated c…