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Energy Storage Project
KBR to Design Offshore Energy Storage for Crosswind
KBR has been awarded a contract to provide engineering services for an offshore energy storage project for CrossWind, a joint venture (JV) between Shell and Ene…
Electric Car
Prices of EVs Could Rise by 10% In 2024
That’s the warning from carmakers, after EU rules on manufacturing are set to change in two years.
United Kingdom
Low Carbon Begins Construction on Three UK Solar Farms
Bouygues Energies & Services to build the three large-scale solar farms in Essex, Derbyshire and Buckinghamshire.
Petrofac Selected by Shell for EPS Services on Omani Project
EPS services provider will undertake three contracts including a five-year EPS contract for Shell’s Block-10 Mabrouk Phase 2 Project.
Crude Oil
Adnoc and Malaysia's Petronas Join Forces on Abu Dhabi’s Unconventional Onshore Block 1
Award to Malaysia’s national oil and gas company launches Middle East’s first unconventional oil concession
Solar Technology
U.S. Will Consider New Priority Areas for Solar Energy on Public Lands
The Biden administration on Monday said it would begin a process to identify new areas for solar development in the Western United States to ramp up permitting …
ADNOC, Petronas Sign Abu Dhabi Unconventional Oil Resources Deal
Abu Dhabi National Oil Company (ADNOC) and Malaysia's Petroliam Nasional Berhad (Petronas) on Monday signed a deal awarding the first concession in the Middle E…
Natural Gas
Netherlands Proposes EU Gas Price Cap for State-Backed Buyers - Document
The Netherlands has weighed into the European Union's debate on whether to cap gas prices with an alternative proposal that would cap gas prices but only for go…
EU
Emergency Call Services, Telcos Urge EU to Protect Telecoms Networks From Power Cuts
Europe's top telecoms operators and an emergency services lobby on Monday urged Brussels to shield mobile and fixed grids from power cuts, a letter reviewed by …
EDF Sold Excess Power on Sunday, Forced to Buy Back on Intraday Market
Nuclear operator EDF said in an online note that it accidentally sold 1.5 gigawatts (GW) of excess power on the day-ahead market on Sunday, requiring the compan…
Oil Price
Saudi Arabia Cuts Oil Prices to Asia to 10-Month Low
Saudi OSPs to Asia hit 10-month low amid slowing physical demand.
United Arab Emirates
New UAE Law Regulates Renewables Production Units Link to Grid
This is in line with UAE’s plan to diversify renewable energy sources.
EU
France’s €13.5bn Scheme to Compensate Energy-Intensive Firms Granted EU Approval
The scheme will cover part of the higher electricity prices arising from the impact of carbon prices on electricity generation costs incurred between 2021 and 2…
CCS
Ocean Fertilization for Carbon Storage
As per an international research team headed by Michael Hochella of the Department of Energy’s Pacific Northwest National Laboratory, the immediate necessity t…
Energy Transition
Sustainable, Low-Cost Hydrogen - a Revolutionary Step in the Energy Transition
Governments and corporations are under increasing pressure to adopt large-scale renewable energy sources and meet current climate goals to help mitigate the eff…
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