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Wave Energy

Mocean Energy Secures Funds to Advance Blue Star Wave Technology

Scottish wave power firm Mocean Energy has secured $978,711in equity funding from private and public funders to accelerate the commercial roll-out of its wave e…

Finland

Finnish Geothermal Heat Player QHeat Secures EUR 3.3m Loan for Drilling Rig

Finnish Climate Fund has granted EUR 3.3m loan to Finnish geothermal heat exchange player QHeat to acquire more efficient drilling rig to target medium-deep geo…

Natural Gas

Gas Production in Azerbaijan Increased by 12.9%

According to the operative data, Azerbaijan produced 2.9 million tons of oil (including condensate) in January 2022, the Ministry of Energy told AZERTAC.

Oil & Gas Supply

Elon Musk Calls for Immediate Boost in Oil and Gas Production Amid Russia-Ukraine War

In a tweet, Tesla CEO Elon Musk called for an immediate increase in oil and gas production in the US and globally to compensate for the reduced Russian output. …

Oil Price

Policy Certainty Shields Indian Stocks from Oil Price Spike

Declining oil intensity in GDP, rising domestic investors share are among the other reasons, says foreign advisory firm

Oil Price

Fueling Inflation: Petrol, Diesel Prices Set to Rise as Crude to Range Around $95-125

Hostilities between Russia and Ukraine, along with sustained demand, is expected to keep global crude oil prices in the range of $95-to-$125 per barrel in the s…

Offshore Wind Power

VIC to Deliver Australia’s First Offshore Wind Farms

The Victorian Government plans to generate 2GW of offshore wind – enough to power 1.5 million homes – with Australia’s first offshore wind farms.

Hydrogen Production

Is Hydrogen The Key To A Greener Shipping Industry?

Energy companies, international organizations, and national governments around the world are touting hydrogen as the next big energy trend, but is it practical …

Hydropower Plant

NHPC's 2,880 Dibang Hydropower Project Expected to Begin During Apr-Jun: CMD

NHPC's 2,880-megawatt (MW) Dibang hydropower project in Arunachal Pradesh is expected to kick-off in the first quarter of 2022-23 "with in-hand forest and envir…

Israel

Israel Electric, UAE's Energroup to Partner on Hydrogen Generation

State-owned Israel Electric Corp (IEC) (ISECO.UL) and UAE-based sustainable investment firm Energroup signed a preliminary deal to develop blue and green hydrog…

Electric Car

Why Ford’s Big EV Split Decision May Get Even Bigger in the Future

Ford’s move says the EV business, while promising, isn’t ready for independence, and some on Wall Street agree.

Natural Gas

Denmark to Boost Defence Spending and Phase out Russian Gas

Denmark will significantly increase its defence budget and aim to become independent of Russian natural gas in response to Russia's invasion of Ukraine, Danish …

Net Zero Emission

Net-Zero Carbon Emissions Should Not Mean the End of Fossil Fuels – Natural Gas and LNG Must Be Part of the Energy Future

Too often, policymakers want to talk about issues in terms of black and white. In energy and climate policy, that tends to lead to the “renewables vs. fossil f…

Oil & Gas Trade

Hundreds of NGOs Call for Import Ban on Russian Oil, Gas

Hundreds of civil society groups and NGOs Friday called on governments worldwide to "reject and ban any import of fossil fuels from Russia" in order to cut off …

Crude Oil

Elon Musk: “We Need to Increase Oil & Gas Output Immediately”

Elon Musk, CEO of Tesla, has shared some thoughts on Twitter about the current situation with oil and gas and Russia.