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OPEC
Kremlin Praises OPEC+ for Countering U.S. 'Mayhem'
The Kremlin on Sunday praised OPEC+ for agreeing production cuts that had successfully countered the "mayhem" sown by the United States in global energy markets…
LNG
Petronas Pipeline Leak Hit Part of Malaysia's LNG Exports
Contracts to export Malaysian liquefied natural gas (LNG) that sources gas from the northern Borneo state of Sabah are under force majeure following a pipeline …
OPEC
Oil Jumps 4% to 5-Week High Lifted by OPEC+ Output Cut
Oil prices jumped about 4% to a five-week high on Friday, lifted again by an OPEC+ decision this week to make its largest supply cut since 2020 despite concern …
Crude Oil
China Releases First Batch of 2023 Crude Oil Import Quotas
China has issued the first batch of crude oil import quotas for 2023, mainly to independent refiners, four sources familiar with the matter said on Saturday.
Turkey
Turkiye’s Cheapest Tomato Is Produced with Geothermal Energy
In Erzurum, one of Turkiye's coldest provinces, the country's cheapest cluster tomatoes are produced with geothermal energy.
Electric Car
Volvo’s First Bi-Directional EV Brings the Customer to the Grid
The upcoming fully electric Volvo EX90 will be the first Volvo car to be hardware-ready for bi-directional charging capabilities, alleviating the grid of unnece…
Carbon Emissions
New CO2 Conversion Technology Helps Fight Against Climate Change
By transforming carbon dioxide (CO2) into fuels and other valued chemicals at affordable prices on an industrial scale, a new technology developed at the Univer…
Offshore Wind Power
RWE Bids for Offshore Wind Seabed Permit in Poland
Poland is going ahead with its offshore wind build-out programme by starting a competitive process for an offshore wind seabed permit within 53.E1 area in the P…
Nuclear Fusion
DoE Scientists Reveal New Process At Tokamak Fusion Reactor
Department of Energy scientists confirmed a new process that can help protect the interiors of tokamak fusion reactors.
Indonesia
Indonesia’s Geothermal Energy to Reach 8.1GW by 2035
It could still meet its 9.3GW target if it is successful in the WKP auctions, amongst others.
Smart Grid
Marine Energy Smart Grid Pilot Enters Next Test Phase
A smart grid controller designed to integrate ocean and other energy resources and regulate their distribution is going into full-scale testing.
Long-Duration Energy Storage a Prerequisite for the Energy Transition– Study
An issue brief released by ESS Inc. details the critical need for long-duration energy storage (LDES) to create an efficient, low-carbon energy system and avoid…
Smart Grid
Canada’s Ocean Energy Smart Grid Project Reaches Milestone Testing
A smart grid controller to integrate ocean and other energy resources and regulate their distribution goes into full-scale testing.
Ammonia
Mitsubishi Power Advances Ammonia-Fired Power Generation in Indonesia
Mitsubishi Power and Indonesia’s Institut Teknologi Bandung (ITB) have signed an agreement to partner on research of firing ammonia in gas turbines.
Natural Gas
UK Energy Bills Rise to Record High as Fuel Poverty Fears Grow
Gas prices will go from 7p to 10p per kilowatt hour under new guarantee
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