Ea

Natural Gas

‘Poland’s Gas Plans Will Stop Net Zero Aims’

A new report claims Polish plans for new gas projects will cost taxpayers £3.3bn and make the 2050 target for reaching net zero an impossibility.

South Africa

President Ramaphosa Calls for Expansion of South Africa’s Upstream Oil and Gas Industry

The President of South Africa, H.E. Cyril Ramaphosa, announced that the government would continue to support the development of the southern African country’s …

Hydrogen Project

India’s Reliance Aims to Be World’s Leading Blue Hydrogen Producer

Reliance Industries, led by Mukesh Ambani, Asia’s richest man, aims to be among the largest producers of blue hydrogen at “competitive cost” in its green ene…

Oil Price

Opec+ Supply Shortfall Could Push Oil Prices Higher, IEA Says

An oil supply shortfall from Opec+ group of countries may lead to a tighter market and push prices higher, according to the International Energy Agency.

Oil Price

Oil Prices Pump over 3% on Supply Concerns over Ukraine Crisis

Oil prices rose for an eighth straight week amid growing concerns about supply disruptions as a result of intensifying geopolitical tensions in eastern Europe a…

Natural Gas

Equinor Posts US$15bn Earnings on High Gas Prices

Equinor capitalised on high prices for gas and liquids by posting earnings of US$15bn and recording free cash flow of US$25bn in Q4 2021.

Nuclear Reactor

Electricity Production at Finland's New Nuclear Reactor Delayed to March

​Electricity production at Finland’s new Olkiluoto 3 nuclear reactor has now been delayed to March from late February, according to operator Teollisuuden Voim…

Natural Gas

Gas Crunch Causes Electricity Crisis Despite Record Cheap Clean Energy. Time to Create a “Green Energy Pool”?

In the UK and similar nations, the gas crisis is ballooning electricity prices too.

Oil Price

Big Oil Is Pumping out Cash as if $100 Oil Has Already Arrived

The world’s oil supermajors are pumping out cash as if crude was already trading at $100 a barrel.

Nuclear Power Plant

IAEA to Review Treated Water at Japan’s Fukushima Daiichi Plant

The International Atomic Energy Agency (IAEA) review mission will be visiting Japan to verify the safety of the treated water at the Fukushima Daiichi Nuclear P…

Oil Price

South Korea's Hyundai Oilbank to Supply 80,000 b/d Middle Distillates to Aramco Trading

South Korean oil refiner Hyundai Oilbank has agreed to provide Won 3 trillion ($2.5 billion) worth of refined oil products to oil giant Saudi Aramco's trading a…

Distributed energy

Insurance Guarantee Instruments for African Energy Sector

The Norwegian Agency for Development Cooperation (NORAD) will provide grant funding to the African Trade Insurance Agency (ATI) of $56million over the next five…

Carbon Emissions

Scaling Up Battery Production Reduces Carbon Emissions Significantly

New research from Chalmers University of Technology in Sweden shows how scaling up production through enormous 'gigafactories' can cut the environmental impact …

SMR

Largest US Public Power Company Launches New Nuclear Program

The largest public power company in the U.S. is launching a program to develop and fund new small modular nuclear reactors as part of its strategy to dramatical…

Nuclear Power Plant

GE to Sell Part of Its Nuclear Business to EDF, which Aims to Ramp up Construction

GE and EDF signed an exclusive agreement for EDF to acquire part of GE Steam Power’s nuclear power business.