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OPEC

Iran’s Two-Month Petrochemical Export Revenues Surge 64% On Year

Iran’s revenues from petrochemical exports surged by 64% year on year to $2.45bn in the first two months of its fiscal year, official data showed on Sunday.

EU

EU’s Borrell Hopeful of Deal on Russian Oil Ban

European Union members should be able to reach an agreement on a new sanctions package against Russia, including imposing restrictions on Russian oil imports, d…

Pumped Storage

Hydro-Electric Pumped Storage Generation in China to Rise Nearly 60GW by 2025

Hydro-electric pumped storage generation in China could expand to 59.2 gigawatts (GW) in 2025 and up to 86.5GW in 2030, Fitch Solutions reported.

Smart Meter

Consumer Privacy Concerns Limit Smart Meter Data Access in GB – Report

Privacy-preserving techniques could be incorporated to minimise or eliminate potential smart meter data privacy infringements, Imperial College researchers sugg…

EU

Soaring Solar Raw Materials Prices Could Thwart REPowerEU Plans

The REPowerEU initiative has the potential to add at least 420 gigawatts (GW) of solar installations by 2030; however, rising solar raw material costs could bec…

Nuclear Power Plant

Nuclear Safety Warning Deals Blow to Johnson’s Energy Revolution

Austria objects to Sizewell C plant in its latest attack on British energy policy

LNG

Shell Greenlights $2.5 Bln Crux Gas Project off Australia

Shell Plc said on Monday it had given the go-ahead to develop the Crux gas field off Australia, which analysts estimated would cost around $2.5 billion.

Oil Price

U.S., European Thirst for Fuel Sends Physical Oil Prices Soaring

​Sky-high refining margins for diesel and gasoline in Europe and the United States, driven by a cutoff in Russian supply, has sent prices for some types of phy…

Solar Cell

Sweden Taps Solar Energy to Address Power Shortage

Solar is catching up with wind energy to fill part of the void left by two closed nuclear reactors

Offshore Wind Power

US, China and UK Lead Renewable Energy Attractiveness

The US, mainland China and UK are the top three markets respectively based on attractiveness of renewable energy investment, according to the 59th EY Renewable …

IKEA Partners with SunPower to Sell Solar Panels in California Stores

IKEA U.S. has teamed up with SunPower, a California-based solar technology and energy services provider, to launch a new program called Home Solar with IKEA.

Wind Farm

GreenVolt to Develop Wind Farm in Iceland

GreenVolt – Energias Renováveis, S.A, through its subsidiary V-Ridium, has reached an agreement to enter the Icelandic renewable energy market.

India

India Faces Wider Coal Shortages, Worsening Power-Outage Risks

India is expected to face a wider coal shortage during the quarter ending September over expectations of higher power demand, an internal power ministry present…

Electric Vehicle Battery

Britishvolt Buys German Battery Cell Maker Eas for €36M

EAS, currently fully owned by the Monbat Group, has more than 25 years of experience in developing and producing large format cylindrical lithium-ion battery ce…

Pumped Storage

Study Investigates Feasibility of Restoring Sweden’s Largest Pumped Storage Plant

A feasibility study is being carried out to investigate the possibility of restoring the Juktan pumped storage power plant in Sweden.