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Market Analysis

Climate Could Pay the Price as Europe’s Nuclear Plants Age

Nuclear power capacity able to supply roughly 60 million homes is scheduled to close this decade as utilities struggle to replace northwest Europe’s ageing rea…

LNG

Shell Divests LNG Stake For $2.5 Billion

Shell has sold a 26-percent stake in an Australian LNG project to Global Infrastructure Partners for $2.5 billion as part of efforts to reduce the weight of non…

Oil & Gas Trade

China Issues 122.59 mln T in 1st Round of Oil Import Quotas

Beijing had said inThe ZPC plant last month started operations at a 200,000 barrel per day (bpd) crude processing unit.

Offshore Wind Power

RWE Receives Planning Permission for Kaskasi Offshore Wind Farm

For RWE’s offshore wind farm Kaskasi the green light has been confirmed: Beginning of December, the German Federal Maritime and Hydrographic Agency granted pla…

Market Analysis

Green hydrogen: A Fuel Bursting with Climate-Saving Potential

In the battle against climate change, green hydrogen is being hailed as a potential miracle fuel that could help the world's worst-polluting industries slash ca…

Crude Oil

ONGC Opens Eighth Hydrocarbon Producing Basin of India

State-owned Oil and Natural Gas Corporation on Sunday opened India's eighth hydrocarbon producing basin when it started oil flow from a well in the Bengal basin…

Blockchain

Blockchain Renewables Tracking APP to be Commercialised

Energy Web has received a Good Energies Foundation grant to commercialise the EW Zero blockchain renewables procurement marketplace.

Wind Farm

EDP Renováveis Completes the 100% Acquisition of the Renewables Business of Viesgo

EDPR will acquire 100% of a portfolio of 511 MW of renewable installed capacity in Spain and Portugal.

Hydropower Plant

Power Transformers being Replaced at En+ Group’s Krasnoyarsk Project

The first of seven new power transformers at the Krasnoyarsk hydropower plant in Russia is being prepared for commissioning, En+ Group has announced.

Oil Pipeline

U.S. Throws Weight Behind Construction of EastMed Gas Pipeline

Greece aims to play an important role in helping Europe diversify its energy resources away from Russia, an objective strongly supported by Washington

Nuclear Power Plant

TVO to Restart Olkiluoto 2 Following Cooling Water Incident

Finland’s Teollisuuden Voima Oyj expects unit 2 of its Olkiluoto nuclear plant to be reconnected to the Finnish grid later this week, after receiving restart a…

Oil Shale

U.S. Shale Oil Output to Drop 136,000 bpd to 7.44 million bpd in Jan – EIA

U.S. oil output from shale formations is expected to decline by about 136,000 barrels per day in January to 7.44 million bpd, the lowest since June, the U.S. En…

Wind Farm

RES Gets Green Light for Dunbeg South

RES has received planning consent for the Dunbeg South wind Farm near Limavady, Northern Ireland.

Hydrogen Fuel Cell

Canada Unveils Hydrogen Strategy to Kick-Start Clean Fuel Industry

Canada unveiled a long-discussed hydrogen strategy on Wednesday.

Energy Investment

Amid Chinese Glare, India and Vietnam Look to Ramp up Energy, Defence Ties

The Indian and Vietnamese PMs had recently co-chaired the 17th ASEAN-India Summit in which the two sides had articulated their shared interests in maintaining r…