Ces

Oil & Gas Supply

Switch From Gas Boosts Oil Demand, but Economic Headwinds Loom - IEA

Sweltering summer temperatures and soaring gas prices have boosted the use of oil in power generation, the International Energy Agency (IEA) said on Thursday, i…

Nuclear waste

Deep Isolation Licenses Disposal Technology to Amentum

Deep Isolation has signed a Memorandum of Agreement with technical and engineering services provider Amentum to cooperate on the commercialisation of Deep Isola…

Nuclear Reactor

Chinese Molten-Salt Reactor Cleared for Start Up

The Shanghai Institute of Applied Physics (SINAP) - part of the Chinese Academy of Sciences (CAS) - has been given approval by the Ministry of Ecology and Envir…

Geothermal Power Plant

Japanese Funding for 28 MW Binary Mahanagdong Geothermal Plant, Philippines

In July 2022, the Japanese JCM funding scheme announced funding for the 28 MW binary cycle Mahanagdong geothermal plant in the Philippines. Several countries wi…

Oil Price

Oil Edges Lower as Supply Disruption Concerns Ease

Oil prices slipped in Asia on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evid…

Australia

Western Australia Utility Replicating Success of 100% Renewable Energy Town

The small town of Onslow, Western Australia, is now powered almost entirely by renewable energy, and the utility behind that project wants to roll out the same …

Oil Refinery

U.S. Oil Refiners, Pipeline Companies Expect Strong Demand for Rest of 2022

U.S. oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even though analysts and industry watchers have wor…

Wind Power Project

Colombia Announces the First Offshore Wind Energy Tender

The Colombian Ministry of Mining and Energy has launched the country’s first offshore wind lease round and expects to grant permits for the use of marine areas…

Oil Price

Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising

Oil prices edged lower on Wednesday, after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.

Wind Farm

Natural Power Commences Service Delivery for Moanvane Wind Farm

Renewable energy consultancy and service provider, Natural Power, has commenced service delivery on the 12-turbine, 58 MW, Moanvane wind farm in Co. Offaly, Ire…

Oil&Gas Drilling

Shell: UK North Sea Needs Investments in New Oil and Gas Projects

The UK North Sea oil and gas sector needs more investments in new developments as Britain will need domestic fossil fuel resources, Shell’s UK head of upstream…

EU

EU Approves €110M Austrian Scheme to Support Agri-Producers Hit by Rising Energy Costs

The measure will be open to companies active in the primary agricultural production sector that have been affected by the increase in energy prices, fertilisers…

Oil Price

Goldman Sees Strong Case for Higher Oil Prices Despite Negative Shocks

Goldman Sachs said the case for higher oil prices was still strong with current supply shortfalls well above its expectations in recent months, despite a recent…

Natural Gas

EU Emergency Gas Plan Can Stabilise or Even Lower Prices - German Network Chief

The head of Germany's network regulator welcomed the European Union's gas emergency plan, which came into effect on Tuesday, in comments to the ZDF broadcaster.…

Australia

Energy Prices Across Australia to Remain High Until 2026

Research from Cornwall Insight Australia’s Benchmark Power Curve (BPC)1, which looks at power prices up until 2042, has forecast that all states in the Nationa…