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Oil Price

Russia proposes caps on oil export discounts -draft law

Image used for illustrative purpose only. A view shows a local oil refinery in Omsk, Russia June 6, 2022. Picture taken June 6, 2022. REUTERS/Alexey Malgavko Im…

Oil Price

Oil Prices Rise Over 2% On Russian Plan to Cut Output

Doha: Oil prices rose more than 2 percent on Friday as Russia announced plans to reduce oil production next month after the West imposed price caps on the count…

Energy Storage Battery

California’s ‘Lithium Valley’ Will Incentivise Battery Value Chain Investments

The Board of Supervisors of Imperial County, California, has approved schemes to incentivise investment into the lithium battery value chain, leveraging the reg…

Electric Car

Nikola Eligible for Carb Voucher Programme

Nikola has received approval from the California Air Resources Board (CARB) for its Tre FCEV truck to be eligible for the Board’s Hybrid and Zero-Emission…

United States

Biogas produced with waste from apple juice production can minimize use of fossil fuels in industry

Scientists at the State University of Campinas (UNICAMP) and the Federal University of the ABC (UFABC) in São Paulo state, Brazil, have successfully prod…

Geothermal Power Plant

Seismic Campaign for Geothermal Prospecting to Start in Magglingen, Switzerland

Fog in Magglingen, Bern, Switzerland (source: Jean-Daniel Echenard / flickr, Creative Commons)Around 2700 measuring devices will be set up next week in 13 citie…

Solar Company

Baywa R.E. Enters Baltic Market and Acquires PV Wholesaler Proelektro in Latvia

BayWa r.e. has announced the acquisition of Riga-based, Latvia, photovoltaic (PV) wholesaler ProElektro to kickstart its growth strategy for its leading solar d…

Offshore Wind Power

Copenhagen Infrastructure Partners (Cip) Set to Invest $8.6 Billion in Offshore Wind in Portugal

Renewable energy developer and fund manager Copenhagen Infrastructure Partners (CIP) plans to invest 8 billion euros ($8.6 billion) in a large offshore wind far…

Oil Price

Oil Prices Steady as Build-up in Us Crude Stocks Eases Supply Fears

Workers on an oil drilling rig in Stanton, Texas. US crude stocks increased by 2.4 million barrels last week, the US Energy Information Administration said. AFP…

Thermal Coal

Coal Dominates Asia Pacific’s Generation Mix in 2022

However, the share of low-carbon resources is increasing.Asia Pacific’s electricity was sourced mainly from coal which accounted for 57% of the region&rsq…

Energy Storage Battery

Naturgy Commissions Its First Battery Storage Facility Worldwide in Australia

Naturgy has successfully connected its first battery storage facility in the world to the grid, a historical milestone for the company in the renewables busines…

Solar Technology

Renewable Energy Sources Provided Nearly Three-Quarters of New U.S. Electrical Generating Capacity in 2022

CAPACITY ADDITIONS BY SOLAR AND WIND DRAMATICALLY EXCEED FERC'S EARLIER FORECASTWashington DC – Based upon a review by the SUN DAY Campaign of data newly relea…

Geothermal Power Plant

Vermont, US Natural Gas Company Mulling Geothermal Transition

City of Burlington in Vermont, U.S. (source: Scott McLeod / flickr, Creative Commons)Vermont Gas Systems, the only natural gas company in the state of Vermont, …

Oil & Gas Trade

Dana Gas Reports 53% Rise in 2022 Adjusted Net Profit on Higher Oil Prices

The Khor Mor gas complex, operated by Crescent and Dana Gas, in the Kurdistan Region of Iraq. Photo: Crescent PetroleumDana Gas, one of the largest private natu…

Offshore Wind Power

Offshore Wind Floating Lidar Device Withstands Typhoon

The floating Lidar during the typhoon.Lidar buoy faced 125mph winds and 11-metre waves during typhoon Hinnamnor off South KoreaA floating Lidar system designed …