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Nuclear Power Plant
Jacobs to Support Refurbishment of UK Nuclear Research Labs
Engineering services company Jacobs was selected as lifecycle delivery partner to support infrastructure renewal projects at various facilities run by the UK’s…
Offshore Wind Power
Iberdrola Hires Barclays to Sell Stake in Spanish Renewable Portfolio, Expansion Says
Spanish power company Iberdrola hired Barclays' investment bank to sell up to 49% in a portfolio of Spanish renewable power projects.
Crude Oil
Brent Crude Slides Below $85 a Barrel as Dollar Surges
Brent crude fell below $85 a barrel Monday, as recession fears weighed and the U.S. dollar surged.
Oil Price
Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol
The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s…
LNG
UAE Signs Energy Agreement With Germany’s Scholz
The president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan, has signed an agreement with German Chancellor Olaf Scholz that covers accelerat…
Switzerland
Switzerland on Course for Mild Start to Winter, Easing Energy Supply Fears
Switzerland is on track for a mild start to the winter and above average temperatures could even stretch into February.
Hydrogen Project
UAE Strikes Deal With German Companies to Develop Hydrogen Strategy
The Emirates signs agreement with global engineering and advisory company GHD and applied research organisation Fraunhofer-Gesellschaft
LNG
Adnoc Signs Agreements to Supply LNG and Diesel to Germany
State oil company will deliver the first LNG shipment in late 2022 to a floating import terminal near Hamburg
Energy Storage Technology
Renewables and Storage Are Better Together
The growth of intermittent renewable energy across the globe has necessitated the deployment of energy storage technologies to fully replace fossil fuels with c…
Solar to Dominate Non-Hydropower Capacity in MENA
It will reach 42GW in 2031.
Geothermal Power Plant
Indonesia’s Geothermal Energy to Reach 8.1GW by 2035
It could still meet its 9.3GW target if it is successful in the WKP auctions, amongst others.
Electric Car
EV Sales to Hit All-Time High in 2022, IEA Says, but More Work Needed to Put World on Net-Zero Path
The IEA says both EVs and lighting are “fully on track for their 2030 milestones” in its net-zero by 2050 scenario.
Nuclear Fusion
US Launches $50M Programme to Advance Commercial Fusion
In order to bring fusion closer to commercial viability, the Department of Energy (DOE) has announced up to $50 million to launch a new milestone-based fusion d…
Hydrogen Project
Global Energy Crisis Drives Demand for Green Hydrogen – Report
The global energy crisis is boosting interest in low-emissions hydrogen and the pipeline of projects is expanding, but only a small share of projects are under …
Wind Power Project
Wind Energy Industry Warns: Actions Not Words Needed to Address Energy Security and Climate Crises Ahead of COP27
More than 100 leading wind energy companies call on Paris Signatories to streamline planning and permitting, upgrade grid infrastructure and evolve power market…
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