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Carbon Emissions

Saudi Arabia to Launch Emissions Exchange

Saudi Arabia has announced plans to launch a voluntary trading platform for carbon offsets and credits in the Middle East and North Africa region.

Hydrogen Fuel Cell

S. Korea to Host Hydrogen Mobility Show This Week

South Korea will host a hydrogen mobility show this week to showcase the latest technologies in fuel cell electric vehicles and trams, and discuss major trends …

Oil Exploration

Indonesia Awards First Oil and Gas Blocks in Two Years

Indonesia has awarded oil and gas blocks to local upstream energy company Energi Mega Persada and Canada's Husky Energy Inc, a senior officialhas announced, in …

Nuclear Power Plant

Russia’s Promise Of Building Nuclear Plants In Africa

For more than two decades, Russia has been struggling to help Africa overcome its energy deficit, with little success.

Energy Security

Rush to Contain Large Oil Spill in Gulf of Mexico After Storm Ida

Clean-up crews and the US Coast Guard are trying to locate the source of an oil spill spotted in the Gulf of Mexico after deadly Hurricane Ida.

Crude Oil

Nigeria Struggles to Meet OPEC’s Crude Oil Quota

Despite requesting for a higher baseline in August, Nigeria failed to meet the existing crude oil supply quota allocated to it by the Organisation of Petroleum …

LNG

China’s Zhenhua Oil Seeks Tie-up with Local Firm for First Gas Terminal

China’s Zhenhua Oil is in advanced discussions to join a provincial government-backed firm to build a natural gas receiving terminal in east China, the first i…

Hydrogen Production

New Efficiency Record Set for Solar Hydrogen Production

Researchers achieved a solar-to-hydrogen conversion efficiency of over 20 percent.

South Korea

Doosan Heavy to Lead X-energy’s Study on SMR Nuclear Reactor Design

South Korean power infrastructure firm Doosan Heavy Industries & Construction will partner with U.S.-based X-energy on developing and designing tests for advanc…

SMR

Ukraine Signs MOU with NuScale to Develop Small Nuclear Reactors

Small modular reactor designer NuScale Power has signed a memorandum of understanding with Ukraine’s nuclear operator to develop SMR plants in that nation.

Oil Field

Mubadala Petroleum Finalises $1bn Deal for 22% Stake in Israel's Tamar Gas Field​​​​​​​​​​

The company already operates in the Eastern Mediterranean within the Zohr gas field

Iraq

Iraq Needs International Backing to Meet Climate Goals

Baghdad's deputy prime minister Ali Allawi and IEA executive director Fatih Birol urged the international community to help Iraq transition away from fossil fue…

Floating Offshore Wind

Shell Considering the Development of a Floating Offshore Wind Farm in South Korea

A joint venture has been officially established centered on the development of a large floating offshore wind farm off the coast of South Korea.

Oil & Gas Supply

Gulf Of Mexico Shut-In Production Rises To 1.7 Million Bpd

The amount of shut-in oil production in the Gulf of Mexico rose by 240,000 bpd between Wednesday and Thursday, to over 1.7 million bpd, the Bureau of Safety and…

Oil & Gas Trade

India’s ONGC May Buy Stake In Rosneft’s Massive Arctic Oil Project

A consortium of Indian energy companies—including state major ONGC—is in early talks with Rosneft for the acquisition of a stake in the Russian state company…