Ces

Oil&Gas Drilling

Oman’s State Energy Company OQ Plans to List Drilling Unit Abraj in Muscat

Oman’s state energy company OQ plans to sell up to 49 per cent stake in its drilling unit, Abraj Energy Services, through an initial public offering, beco…

World Energy Outlook

Ørsted expects EBITDA excluding new partnership agreements of DKK 21.1 billion for 2022

Ørsted presents operating profit (EBITDA) for 2022 based on preliminary and unaudited reporting.It has been a year with unusual market conditions, not le…

Japan

Toyota Unveils AE86 Hydrogen Car Concept

The vehicle places the spotlight on the potential for H2 a burning internal combustion engine.To draw greater attention to the appeal an H2-burning internal com…

Nuclear Fusion

DOE Announces New Funding for Public-Private Partnerships to Advance Fusion Energy

The U.S. Department of Energy (DOE) has announced $2.3 million in funding for 10 projects that will pair private industry with DOE's National Laboratories t…

Geothermal Power Plant

Saudia Arabia to Undertake Geothermal Exploration

Mountain Range near Jeddah, Saudi Arabia (source: flickr/ yosoynuts, creative commons)The Ministry of Energy of Saudi Arabia and the Saudi Geological Survey (SG…

Wind Energy Technology

What’s Stopping Even Bigger Wind Turbines? Blade Speed and Flexing? More Likely Manufacturing and Installation Capacity

Bigger wind turbines make cheaper energy. The sector’s unexpectedly rapid successes in designing and building bigger and bigger turbines has been one of t…

Nuclear Equipment

French Nuclear Fleet Failure, Drought and War to Blame for Record Power Prices in 2022

Last year Europe saw very high levels of wholesale power prices, driven by gas prices that repeatedly broke all-time high records since the start of the Ukraine…

Tidal Energy

Royal Visit Marks Bid to Develop World’s Largest Tidal Turbine Blades

A project aiming to maximise tidal energy generation has been launched in the presence of The Princess Royal at the University of Edinburgh’s FastBlade fa…

Coal Trade

RWE Brings Coal Exit Forward to 2030

RWE has released the following update regarding its coal activities:Today [11 January], RWE Power will start to demolish the former settlement of Lützerath…

Oil&Gas Drilling

UK Firm Chosen to Drill Well Offshore Isle of Man

Isle of Man-based Crogga Limited has awarded Aberdeen-based energy services company THREE60 Energy with a contract to drill an appraisal well this year in the C…

Oil & Gas Trade

OPEC Stands by 2023 Oil Demand Forecast Amid Improving Outlook in China

Opec says it is holding to its forecast demand for crude this year despite forces arraying against it. ReutersOpec stuck to its global oil demand forecast for t…

South Korea

South Korean President: Country Needs More Nuclear Power

South Korean President Yoon Suk Yeol said his country’s push to be carbon-neutral by 2050 must include construction of more nuclear power generation, in a…

Geothermal Power Plant

New Geophysical Imaging Technique Being Tested in Bouillante, Guadeloupe

Bouillante geothermal power plant, Guadeloupe (source: OECS)An innovative geophysical imaging technique that uses both active and passive sources and can be use…

Electricity Trade

Drop in Power Price Predictions up to 2030 but Prices to Remain Above Pre-2021 Levels for Next Decade

New data from Cornwall Insight has shown a drop in our predictions for power prices up to 2030 as Europe secures alternative energy supplies, compensating for r…

Thermal Plant

MHI Signs MoU to Collaborate in Feasibility Studies on Ammonia Co-Firing for Power Generation in BLCP Power Station

-- Studies Aim to Achieve 20% Co-Firing at a Coal-Fired Thermal Power Plant; Includes Procurement and Utilization of the Fuel --- MHI to consider burners and ot…