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Net Zero Emission

Net Zero Technology Centre Opens New £10m Initiative Programme to Support Hydrogen Innovation

The UK’s Net Zero Technology Centre has launched its £10m ($13m) open innovation programme that is aiming to support zero-emission technologies with hydrogen …

Wind Farm

Renewable Power Capital 10-Year Wind Energy Deal with Gasum Builds Renewable Investment Momentum in Finland

Gasum has signed a ten-year power purchase agreement with Renewable Power Capital (RPC) to buy the majority of the output from the 44MW Rustari onshore wind far…

Energy Storage Battery

PV to Account for About Half of Planned US Utility-Scale Capacity Additions

The US Energy Information Administration says that over the next two years, 60% of new capacity additions in the United States will be solar or battery energy s…

Hydrogen Fuel Cell Vehicle

Is Hydrogen Fuel Cell Technology Ready for the Mainstream?

Countries and companies worldwide – including automakers and oil giants – have been pouring billions into hydrogen fuel cell technology in the hopes that it w…

Oil Price

Petrol, Diesel Price Hikes may Restart from Next Week

Petrol and diesel price hikes are likely to resume after state elections get over next week. This is to bridge the Rs 9 a litre gap created by international oil…

Oil Price

Russia Warns West of $300 per Barrel Oil, Cuts in EU Gas Supply

Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments follow through o…

CCS

New Study Confirms CO2 Can Be Stored Below Ocean Floor Sediments

Climate change is one of the most unrelenting challenges that humanity is facing. To fight its potentially disastrous effects, researchers are looking for innov…

Thermal Coal

Russia-Ukraine War Sparks Surge in Coal Price to Unprecedented Levels

The conflict between Russia and Ukraine has sent thermal coal prices skyrocketing to new heights, as some European countries look to ban Russian coal.

Energy Transition

Post-Merger with Aker BP, Lundin Energy Leaving Behind Oil & Gas Business to Focus on Renewables

Following the completion of the merger of Aker BP’s and Lundin Energy’s E&P businesses, the latter will remain with renewable energy assets, focusing on creat…

Nuclear Power Plant

‘Strong’ Nuclear Growth in Japan Seen in Next Two Year

A “strong growth” is expected in Japan’s nuclear power over 2022 and 2023 as nuclear power plants that have been suspended resume operations, Fitch Solutions…

Oil Shale

U.S. Shale Producers Oasis, Whiting to Merge in $6 Bln Deal

U.S. shale oil and gas producers Oasis Petroleum Inc OAS.O and Whiting Petroleum Corp WLL.N will merge in a $6 billion deal, the companies said on Monday.

Oil Price

Vitol’s Muller Says High Oil Prices may Lead to Demand Destruction

High oil prices are likely to lead to demand destruction amid a scarcity of crude and little spare capacity globally as the disruption to energy supplies from R…

Research on Enhanced Geothermal Systems Being Done in Underground PNNL Lab

An underground research facility of PNNL in South Dakota is conducting groundbreaking research on Enhanced Geothermal Systems.

Oil Price

ADNOC’s Murban Cude OSP Rises to $93.99/b for April as Market Tightens

Abu Dhabi National Oil Co. hiked the April official selling price for its flagship Murban crude oil by more than 10% from March, with Middle East crudes seeing …

Oil & Gas Trade

US and Europe Discuss Plans to Ban Russian Oil Imports, Blinken Says

US Secretary of State Antony Blinken is in Europe to co-ordinate with allies against Russia's military offensive in Ukraine. APThe US and European partners …