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Crude Oil

Iraq Expects Oil Prices to Reach $80/bbl - State News Agency

Iraqi expects oil prices to reach $80 per barrel.

Energy Transition

Russia’s Rosatom Seeks to Tap Global Transition to Low-Carbon Fuels

State-run nuclear monopoly steps up development of reactors, wind and energy storage and green hydrogen projects

Nuclear Power Plant

Construction of Kola NPP-2 Set to Start in 2028

Two 600 MW reactors will be built with the first scheduled to start producing electricity in 2034.

Gas turbine engine

Siemens Energy to Supply Turbines to Power Turtle Creek Station

Siemens Energy will provide two SGT6-5000F turbines to power Omaha Public Power District’s new Turtle Creek Station Peaking Plant in Papillion, Nebraska.

Energy-Eficient Building

How Improving Our Buildings can Help us Reach Net Zero

These emissions are mainly the result of burning fossil fuels for heating through our gas and oil boilers – as well as some for cooking.

Nuclear Power Plant

Iran’s Only Nuclear Power Plant Undergoes Emergency Shutdown

Official says temporary shutdown for repairs started on Saturday and could last up to four days, possibly causing power outages.

Energy Transition

Amara Raja Plugs into New Energy

The auto battery major gears up for electric mobility with new leadership

Market Analysis

Xcel Energy Sets New Regional Wind Energy Records

Boosted by strong production from Xcel Energy’s new Sagamore Wind Project in New Mexico, wind energy accounted for more than half the region’s electricity sup…

Biofuel

New Zealand Proposes New Biofuels Targets

New Zealand is proposing a biofuels regulation to reduce greenhouse gas emissions under which fuel suppliers will have to reduce emissions of the fuels they sel…

China Belt and Road

China's Investment into BRI Countries Expands in Jan.-May

China's outbound direct investment into countries involved in the Belt and Road Initiative increased in the first five months, official data showed.

Hydrogen Project

DNV and Keppel Offshore & Marine Ink Deal to Develop Hydrogen Projects in Singapore

DNV, the independent expert in assurance and risk management, has signed an agreement with Keppel Offshore & Marine for collaboration on the hydrogen value chai…

Solar Power Plant

Banks Renewables’ Leeds Solar Farm Gets Go Ahead

A new solar farm set to have an installed capacity of up to 50MW has been approved by Leeds City Council.

Crude Oil

Crude Oil Prices Steady Near Multi-Year Highs

Crude oil prices hovered near multi-year highs on Thursday, buoyed by falling U.S. crude inventories which limited the impact of a stronger U.S. dollar.

Oil Price

Biden, Putin Did Not Discuss Oil Prices Or OPEC+ Deal

The leaders of the United States and Russia did not discuss oil prices or the OPEC+ deal at their summit in Geneva on Wednesday

Crude Oil

Oilfield Services Receive A Major Boost As Oil Prices Rally

The steady and substantial climb in oil prices has led to more business for oilfield service providers and higher prices.