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Crude Oil

U.S. May Delay Oil Reserve Release

The United States might adjust the timing of the release of some 50 million barrels of crude oil from the strategic petroleum reserve depending on the direction…

Energy Security

North Macedonia to Extend State of Energy Crisis for Six Months

The Government of North Macedonia has proposed to the national assembly to prolong the state of energy crisis for six months, until June 9, 2022.

Solar Company

Canadian Solar Raises €30m War Chest

Fundraising will support build out of company’s 4.6GW solar portfolio and 2GWh battery portfolio

Wind Power Project

Nordex Scores 50MW Scottish Order

Nordex has been awarded a 50MW turbine order for a Scottish wind project being developed by Octopus Renewables Infrastructure Trust.

Energy Storage System

Chile’s Colbun Couples Storage with PV for Reliability and Decarbonisation

In Chile, energy generator Colbun has announced an $11 million investment to build an 8MW/32MWh energy storage system next to a new 230MWp solar PV facility in …

Solar Cell

Dion-Jacobson Perovskite Solar Cell with 18.82% Efficiency

Scientists in China have used a fused-thiophene spacer to build a two-dimensional perovskite solar cell. It has an open-circuit voltage of 1.03 V, a short circu…

Solar Power Panel

Mitrex Releases Dual-Module PV Product

The monocrystalline solar panels are made in Canada and come with Mitrex’s 25-year warranty.

Wind Power Project

Cargill, Vattenfall, and Windpark Hanze to Build Wind Farm

The onshore wind farm, consisting of 15 wind turbines, will be commissioned in the Flevoland province near the city of Dronten.

Combined cycle power plant

Ansaldo Energia Starts Work on New 800MW Combined-Cycle Plant in Italy

Ansaldo Energia has commenced a project to improve the efficiency of the EP Produzione thermoelectric plant in Tavazzano and Montanaso, Lodi province, Italy.

Nuclear Fusion

Equinor Ventures Increases Investment in Fusion

Equinor Ventures, the venture capital arm of Equinor, is increasing its investment in Commonwealth Fusion Systems as part of the Series B funding round to raise…

Energy Security

Power Supply Crunch in 2022 Looms in the Philippines

Demand is rising, yet no new power supply is coming to the market.

Crude Oil

Opec+ Agrees to Continue January Oil Output Increase Amid Omicron Uncertainties

The producers' group, led by Saudi Arabia and Russia, will bring 400,000 barrels per day to the market next month as planned

Crude Oil

Acelen to Boost Runs at Newly Acquired Brazil Refinery

Abu Dhabi state-owned Acelen plans to step up crude throughput at its newly acquired 333,000 b/d Mataripe refinery in Brazil to meet growing demand in the count…

Crude Oil

Production Starts at Angola’s Clov 2 Oil Project

Crude production has started at the Clov 2 project in block 17 offshore Angola, the second new deepwater development to come on stream in the west African count…

Natural Gas

Australian LNG Exports Hit Record High in October

The record volumes and higher prices also accounted for record LNG export receipts for the month, according to the latest official data.