Ces

Crude Oil

Exxon to Exit Equatorial Guinea Amid Wider Africa Crude Phaseout

Exxon Mobil Corp will wind down oil production in Equatorial Guinea and leave the West African country after its license expires in 2026, two sources close to t…

Crude Oil

UAE's ADNOC to Cut 5% of Dec Crude Volumes to Term-Buyers in Asia - Sources

Abu Dhabi National Oil Company (ADNOC) will cut 5% of the December crude oil supply to some term-lifters in Asia but will provide full contractual volumes in Ja…

Italy

Italy Applies 50% Windfall Tax on Energy Companies' Extra Income, Draft Shows

Italy plans to apply a 50% one-off windfall tax next year on income of energy companies that have benefited from the surge in oil and gas prices, a draft of the…

Smart Grid

Blockchain Demonstrated for Smart Grid Cybersecurity

Blockchain has been demonstrated to validate communication among devices on the smart grid and thereby enhance its resiliency.

Wave Energy

A Wave-Powered Prototype Device Is Aiming to Produce Drinking Water From the Ocean

Ocean Oasis says its technology will enable “the production of fresh water from ocean waters by harnessing the energy of the waves to carry out a desalination …

Offshore Wind Power

Enbridge Announces Completion of France’s First Offshore Wind Farm

France’s first commercial-scale offshore wind farm, which was developed by Canadian energy giant Enbridge Inc. in partnership with EDF Renewables and the Canad…

Net Zero Emission

Access to Affordable Low-Carbon Electrons Crucial for Net Zero – Elia Group

According to a new study from Elia Group, by 2030, industrial electricity consumption is expected to grow by 40% and 50% in Germany and Belgium respectively. As…

Energy Storage System

Harmony Energy Income Trust Brings Europe’s Largest Battery Energy Storage System Online

Europe’s biggest battery energy storage system (BESS) (by MWh) located in East Yorkshire, the UK, has been successfully energised.

Hydrogen Project

Air Liquide and Totalenergies to Produce Low-Carbon Hydrogen in France

Industrial gases company Air Liquide and TotalEnergies plan to produce low-carbon hydrogen at the Grandpuits site in France, the pair said on Tuesday, as France…

Oil Price

Oil Prices Reverse Course After Saudi Arabia Denies Output Hike Rumors

Saudi Arabian officials are denying the news that OPEC is considering a 500,000 bpd output hike.

LNG

Floating LNG Projects Boom as Europe Races to Stock up on Gas

Floating LNG projects are booming in both gas-importing countries and gas-producing countries.

Solar Technology

British Solar Tech Business Strikes Italian Distribution Deal

British solar thermal design and engineering company Naked Energy today announces their partnership with Italian energy service company X3Energy.

Carbon Emissions

Transitioning to Low-Carbon Energy Sources Could Increase Global Emissions

According to a recent ICTA-UAB study, switching to a low-carbon energy system could result in significant global emissions

Canada

Canadian Solar Announces Operation of 100 Mwp Solar Project in Japan

Canadian Solar Inc. has announced that its Japan flagship mega-project, the 100 MWp Azuma Kofuji solar project located in the Fukushima Prefecture, recently rea…

Jordan

Masdar and Jordan’s Ministry of Energy Explore 2GW of Renewables Projects

Renewable energy company Masdar has signed a Memorandum of Understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources to collaborate on the dev…