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Wind Turbine
Contract Signing at WindEurope Confirms Energy Industry Commitment to Wind
A confidential owner of oil and gas platforms in the North Adriatic Concession area has contracted renewable energy consultancy Megajoule to install multiple wi…
Coal Price
NE Asia Coal Prices Jump on Fiercer Competition
A cold snap across the northern hemisphere and fiercer inter-basin competition for fuel amid a decline in Russian natural gas deliveries to Europe supported coa…
Electricity Trade
Cold Blast Sends Power Prices Soaring In Germany
Europe's first cold spell of the heating season has arrived, pressuring power prices higher as freezing temperatures ushers in increased power demand to heat bu…
Hydrogen Project
Hydrogenium Resources Wants to Put up Rooftop Hydrogen Plants
Hydrogenium Resources is in talks with several rooftop solar and ‘open access’ players for possible tie-ups with them for putting up the electrolysers
Coal Production
Power Generation from Coal Falls 56% in Gujarat
Gujarat’s production of electricity from the coal-fired thermal power plants halved in October as private sector plants struggled to generate power due to spir…
Oil Price
Goldman Says Oil Prices Already Account for a Joint SPR Release
The White House’s push for releases of oil from national reserves is already fully priced into the market following the drop in crude prices in recent weeks
Energy Investment
Germany Announces €1.2 bn to Help India Fight Climate Change
The IPCC released earlier this year found that both India and Germany will suffer more extreme events due to climate change.
Hydropower Plant
Voith to Equip Nam Sam 3 Project, Loas PDR
The deal covers complete sets of electromechanical equipment, and technical services for supervision, installation and commissioning.
Crude Oil
Barclays Lifts Brent Oil Price Forecast To $80 In 2022
Brent Crude prices are set to average $80 a barrel in 2022, Barclays said on Tuesday, raising its forecast by $3 as it expects slower supply growth next year an…
Energy Technology
China: New Sinopec Downstream Technology Process Developed
China's Sinopec has developed a steam-cracking technology to convert oil directly into high-demand petrochemical products such as ethylene and propylene, cuttin…
Wave Energy
Mocean Energy Wave Prototype Completes Sea Trials
Mocean Energy’s Blue X wave energy machine has returned to dock after a successful five-month test period at sea.
Crude Oil
Biden Announces Global Effort to Ease Energy Costs
US president orders 50 million barrels of oil to be released from nation's strategic petroleum reserve
Energy Subsidies
Romania Hopes Second Call for Solar Subsidies to be Successful
Romania will subsidize households with EUR 57 million for the installation of solar power panels.
Nuclear Reactor
KSTAR Nuclear Fusion Reactor Further Improved
The National Fusion Research Institute announced on Nov. 22 that its plasma operation at 100 million degrees Celsius, an essential requirement for nuclear fusio…
Oil Price
Global Oil Prices Retreat in Face of Supply and Demand Pressures
Brent crude was down 56 cents, or 0.7%, at $78.33 a barrel at 1157 GMT and U.S. West Texas Intermediate crude fell 54 cents, or 0.7%, to $75.40.
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