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Energy Investment
Econergy Completes Acquisition of Swangate Energy Storage
European renewable energy project developer and operator, Econergy Renewable Energy, has successfully acquired a 100% share of Swangate Energy Storage Ltd, a 50…
Thermal Coal
Tightness Limits North American Met Coal Exports
Supply setbacks weighed on US and Canadian coking coal exports in November, while historically high prices throughout October and early November gave mining fir…
Carbon Emissions
CO2 Plans could Drive up EU Fuel Oil Exports
EU proposals to add CO2 emissions costs and taxes to conventional marine fuel prices starting in 2023 could reduce Europe's residual fuel oil demand for bunkeri…
Geothermal Power Plant
DOE awards $8.4M for Accessing Geothermal Potential from Abandoned Oil and Gas Wells
The US DOE selected four new projects to receive up to $8.4 million to establish new geothermal energy and heat production from abandoned oil and gas wells.
Solar Power Plant
Columboola Project Successfully Connects 162MW of PV to Australian Grid
The 162MW Columboola Solar Farm in the Western Downs region of Queensland, Australia, has been successfully connected to the transmission network.
Nuclear Power Plant
Saudi Arabia to Develop Nuclear Power Programme
Saudi Arabia aims to take advantage of its uranium resources to develop its nuclear power program
Crude Oil
OPEC Targeting Oil Prices Below $100, Oman’s Oil Minister Says
OPEC and its allies don’t want crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,…
Oil Price
Oil Prices Inch Higher Despite Large Gasoline Build
Crude prices dipped slightly before jumping again after the Energy Information Administration reported an inventory decline of 4.6 million barrels for the week …
Nuclear Power Plant
Applications Made to Build El Dabaa Units 3 and 4
Egypt's El Dabaa nuclear power project has moved forward with the application for construction licences for units 3 and 4.
Electric Vehicle Battery
Scientists Develop A Novel Strategy For Sustainable Sodium & Potassium Batteries
Scientists astounded by performance of sustainable batteries with far-reaching implications for electric vehicles and devices.
Crude Oil
Several Asian Refiners to Receive Full Saudi Crude Allocation in February
Saudi Aramco has notified at least five Asian buyers that it will supply full contractual volumes of crude oil in February, same as January, sources with knowle…
Kazakhstan
Kazatomprom Says Operations 'Normal' Despite Unrest
Kazatomprom's offices, production facilities and mines have not been impacted by civil unrest that began in the country on 2 January and are operating normally.…
Electric Vehicle Battery
Veolia Announces Its First EV Battery Recycling Plant in UK
Veolia, the UK’s leading resource management company, has announced its first electric vehicle battery recycling facility in the UK, which will have the capaci…
Oil Exploration
Eni Wins Five New Exploration Licences in Egypt
Italian oil and gas company Eni has been awarded five new exploration licences – located in the Eastern Mediterranean Sea, Western Desert, and Gulf of Suez – …
Natural Gas
Europe’s Gas Prices Rise On Muted Russian Supply, Cold Weather
Europe’s natural gas prices rose again on Monday as extra supply from Russia continues to be limited, while colder temperatures point to higher demand later th…
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