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Oil Price

Biden to Lay Out Plan to Complete Emergency Oil Sales, Support U.S. Production

U.S. President Joe Biden will announce a plan on Wednesday to sell off the last portion of his release from the nation's emergency oil reserve by year's end, an…

Natural Gas

EU Leaders Will Discuss Gas Price Cap for Power Generation, Michel Says

European Union leaders will discuss putting a cap for the price of gas used to generate electricity - over which member states are divided - when they meet for …

Oil Refinery

Exxon Mobil Says French Refineries Could Take 2-3 Weeks to Fully Restart

Exxon Mobil's 140,000 barrel per day (bpd) fos-Sur-Mer and 240,000 bpd Port Jerome-Gravenchon oil refineries in France could take 2-3 weeks to fully restart aft…

Ireland

Ireland to Extend Business Energy Supports to Newly Opened Businesses

Irish businesses that have opened in the last year will be able to avail of an energy grant scheme that was initially limited to those that had been established…

Energy Transition

BlackRock Tells UK ‘No’ to Halting Investment in Coal, Oil and Gas

BlackRock, the world's biggest asset manager, told a British parliamentary committee that it will not stop investing in coal, oil and gas, and that its role was…

Offshore Wind Power

U.S. To Hold Offshore Wind Power Rights Sale off California Coast in December

President Joe Biden's administration on Tuesday said it would hold the first ever sale of offshore wind development rights off the coast of California on Dec. 6…

Oilfield Services Giants Are Primed to Post Very Strong Earnings

The biggest oilfield services providers are expected to report this week and analysts expect a strong set of results for the third quarter. In fact, expectation…

Natural Gas

EU Publishes Emergency Gas Cap Proposal

The European Commission outlined steps on Tuesday to battle ongoing high prices for natural gas.

Solar Power Plant

A Quarter of Europe’s Solar and Battery Manufacturing Capacity Is at Risk

Soaring energy prices are threatening Europe’s renewable supply chain.

Will Bioenergy Ever Be Competitive?

New research found that miscanthus and sorghum – both C4 plant species – occupy a distinct niche of the leaf economics spectrum (LES), with greater photosynth…

Solar Power Plant

Iberdrola Commits to up to €3BN in Investment in Australia

The Spanish renewable energy giant aims to further consolidate its position in Australia, which presents a key energy market for the company.

Tidal Energy

UK’s HydroWing Taps Tidal Energy Potential in Indonesia

UK-based tidal energy developer HydroWing has signed a Memorandum of Understanding (MoU) with state-owned company Indonesia Power to develop tidal energy projec…

Gas Turbine

Wärtsilä’s Gas Engines Provide Grid Balancing for 100MW Power Plant in Japan

The new plant will operate with ten Wärtsilä 34SG gas engines, which will replace a 100MW combined cycle gas turbine that was formerly located on the project …

Nuclear Power Plant

Germany Pushes to Extend Lifespan of Three Nuclear Plants -Letter

German Chancellor Olaf Scholz has asked the economy, environment and finance ministries to lay the legal framework to keep the country's three nuclear power pla…

Nuclear Power Plant

EDF to Start Negotiations to End French Nuclear Plant Strikes

French electrical operator EDF will start negotiations on Tuesday to end strikes at 10 French nuclear power plants, a company spokesperson said on Monday.