Citi

Crude Oil

EU Prepares ‘Smart Sanctions’ on Russia

The European Union is preparing “smart sanctions” against Russian oil imports, The Times says, citing the European Commission’s executive vice-president, Val…

Offshore Wind Power

ScottishPower and Shell Reserve Seabed for Floating Offshore Wind Farms

The MarramWind and CampionWind projects, located off the east and north-east coasts of Scotland, are expected to have capacities of 3GW and 2GW respectively.

Wind Turbine

Wind Turbine Maker Vestas to Exit Russia

Vestas, a Danish manufacturer of equipment for renewable energy that has production facilities in Russia, plans to exit the country, Danish TV network TV2 repor…

Smart City

Spain’s Fuengirola Embarks on Smart City Transformation

The primary objective of the project is to accelerate urban innovation, drive the digital transformation of city services and improve the citizen experience for…

Oil & Gas Supply

IEA Unveils 10-Point Plan to Cut Oil Supply Crunch

The new report also includes recommendations for decisions to be taken now by governments and citizens to transition from the short-term emergency actions inclu…

Oil Price

Petrol, Diesel Price Increase on Wait-and-Watch Mode; CNG Rates Hiked

CNG price in the national capital and adjoining cities on Tuesday was hiked by Rs 0.50 per kg, while an imminent increase in petrol and diesel price has been pu…

Wind Farm

Vestas Halts Four Wind Farm Projects in Russia

Vestas will halt its four wind farm projects under development in Russia as consequence of Russia’s invasion of Ukraine, Danish newspaper Ekstra-Bladet reporte…

Natural Gas

Ukraine Is Stopping Exports, but Not Transit of Natural Gas

Ukraine has stopped exporting natural gas since midnight, the Ukrainian news agency Ukrinform reported, citing a statement from the Ukrainian gas operator.

Russian Federation

Putin Puts Nuclear Deterrent on Alert; West Squeezes Russian Economy

President Vladimir Putin put Russia’s nuclear deterrent on high alert on Sunday in the face of a barrage of Western reprisals for his war on Ukraine, which sai…

Nuclear Power Plant

IAEA Says Ukraine Nuclear Power Plants Running Safely, No 'Destruction' at Chernobyl

Ukraine's operational nuclear power plants are running safely and there has been no "destruction" at the remaining waste and other facilities at Chernobyl, …

Oil Price

Stocks Dive, Oil Surges as Russia Invades Ukraine

Global stocks and U.S. bond yields dived on Thursday, while the dollar, gold and oil prices rocketed higher as Russian troops landed in Ukrainian cities on the …

Energy-Eficient Building

Schneider Electric Supports WEF Framework to Attract Investment Towards Decarbonization of Buildings

Schneider Electric, supports the World Economic Forum (WEF) and its launch of the Net Zero Carbon Cities Building Value Framework, a strategy aimed at attractin…

Power Construction

Millions Left without Power After Huge Blackout Hits Central Asia

Major cities in Kazakhstan, Uzbekistan and Kyrgyzstan hit by power outages after an ’emergency imbalance’ in a power grid.

Egypt

Egypt Makes Great Strides Toward Green Economy

Egypt has made great strides in implementing its national strategy on green economy and is expanding its investments to carry out eco-friendly projects to impro…

Natural Gas

New York is Banning the Use of Natural Gas in New Buildings

After several other cities in the United States, the City Council of New York passed a law banning the use of natural gas in most new buildings.