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Climate Policy

US Needs Strategic Energy Policy to Meet Aggressive Climate Goals: BNEF

The US has traditionally taken a scattered approach to energy policy, but the longer-term challenge of climate change will need more strategic measures.

Energy Investment

Chevron Invests in Offshore Wind Energy for First Time

Chevron Corp.’s venture capital arm and Moreld Ocean Wind agreed to invest in Ocergy Inc.’s development and commercialization of floating offshore wind turbin…

Crude Oil

U.S. Oil Production Still 2 Million Bpd Under Pre-Pandemic Levels

The EIA might be forecasting that the Permian Basin’s oil production will be rebounding soon, but overall, today’s U.S. oil production is still 2 million barr…

Oil Price

Crude Oil will Climb Above $70; Energy Security could Reappear on the Radar

Crude oil prices could shift higher again once the market shakes off the latest bout of coronavirus jitters

Oil&Gas Drilling

Equinor Gets Drilling Permit for Two Wells in Norwegian North Sea

Equinor Energy has secured approval from the Norwegian Petroleum Directorate to drill wells 35/11-25 S and 35/11-25 A in the North Sea.

Offshore Wind Power

PSEG Completes 25% Acquisition of Ocean Wind

Ørsted and PSEG have completed PSEG’s acquisition of a 25% equity interest in the Ocean Wind offshore wind farm.

Power Cable

Southwire Scores Cable Contract for Vineyard Wind 1

Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, Inc., and Copenhagen Infrastructure Partners, announced that Southwire, a …

Power Construction

IRENA and China State Grid Agree to Advance Transition Through Power System Enhancements

The International Renewable Energy Agency, and the State Grid Corporation of China, have today signed a new Memorandum of Understanding that will see the two or…

China

Video: New Energy Becomes Main Electricity Source in China's Qinghai

New energy has been the main electricity source for the second consecutive month in northwest China's Qinghai Province, which is also China's first province to …

Energy Security

Will Nuclear Energy’s No-Carbon Quality Outweigh The Fukushima Accident?

The global community has witnessed Three Mile Island, Chernobyl, and Fukushima — nuclear accidents that have left many skeptical.

Power Construction

Belarus Disconnects Power Lines with Lithuania for Testing

Belarus has disconnected cross-border transmission lines with Lithuania as part of the ongoing tests of the reliability of the Belarusian energy system, the pre…

Energy Security

U.S. Expresses Support for Japan's Release of Fukushima Nuclear Plant Water

The United States on Tuesday said Japan “appears to have adopted an approach in accordance with globally accepted nuclear safety standards” in its decision to…

O＆M

Beaver Valley Unit 1 Nuclear Power Station Begins Refueling Outage

Energy Harbor Corp. announced today its Unit 1 at the Beaver Valley Nuclear Power Station in Shippingport, Pennsylvania, was taken offline at 12:01 a.m. on Sund…

Energy Technology

European Technology Unlocking Deep Geothermal Energy for All

Large-scale geothermal energy has long been constrained to volcanic areas where heat can easily be captured and turned into electricity.

Hydropower Plant

Aitken Spence Expands Its Portfolio in Hydropower

Apr 12, Colombo: Aitken Spence PLC has announced that the company has recently acquired hydropower operator Waltrim Energy Limited, a subsidiary of Sunshine Hol…