Energy

Wave Energy

Eco Wave Power, CIMC OEI ink MOU for Power Tech Dev’t in China

The MOU is effective for two years but it can be extended by the parties.

Shell’s Wetselaar Heads to Top Spot at Cepsa

Shell has reshuffled its exploration team as Maarten Wetselaar leaves the company to take the top spot at Cepsa.

Crude Oil

Saudi Energy Minister Dismisses Calls for Extra OPEC+ Barrels

OPEC leader Saudi Arabia dismissed calls for speedier oil output increases, saying its efforts with allies were enough and protecting the oil market from the wi…

Offshore Wind Power

US Unveils Plans for Seven Major Offshore Wind Energy Farms

Interior Secretary Deb Haaland made the announcement while speaking at a conference on wind power in Boston, Massachusetts.

Geothermal Power Plant

Geothermal Energy: Participation in Transforming Heat Supply System

With a “Scenario Workshop,” the GECKO project coordinated by Karlsruhe Institute of Technology is about to enter its final phase.

Wind Power Project

Engie, Orascom, Toyota Tsusho ink 500-MW Wind Power Deal in Egypt

Egypt-based Orascom Construction plc, Japan’s Toyota Tsusho Corp with its group company Eurus Energy and French energy giant Engie have struck a deal to build …

Solar Power Plant

Summit Ridge Begins Construction of 44-MW Solar Portfolio in Maine

US community solar projects specialist Summit Ridge Energy LLC on Tuesday said it has started constructing the first solar project in a 44-MW portfolio in Maine…

Crude Oil

IEA: Global Energy Crisis Could Boost Oil Demand by 500,000 barrels per day

But Britain could run out of gas this winter, says Ineos chief Sir Jim Ratcliffe

Electricity Trade

German Industrial Power Prices Hit New High

German industrial power prices have reached another record high, energy-intensive industry association VIK said.

Nuclear Power Plant

Estonia does not Rule out Joining Nuclear Energy Statement

Estonia did not join a joint statement made by nine EU countries in support of France, in which the countries backed the use of nuclear energy as a reliable ene…

Natural Gas

Two more UK Energy Firms go Bust as Prices Soar

Two more UK energy firms have ceased trading amid soaring wholesale energy prices.

Oil Field

Occidental Sells Stakes in Two Ghana fields for $750 million

Houston-based Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corporatio…

Nuclear Reactor

Macron Commits to SMR Reactors and Green Hydrogen by 2030

French President Emmanuel Macron said that by 2030 France must be a leader in carbon-free power generation, placing the focus squarely on nuclear energy and gre…

Power Cable

EDF and SP Group to Connect Singapore and Indonesia with Subsea Cable

Singapore Power has signed a Memorandum of Understanding with French multinational electric utility EDF Group to develop a subsea energy transmission line conne…

Natural Gas

Northern Ireland Gas Storage Project Secures Greenlight as Prices Skyrocket

The UK government has approved the construction of a gas energy storage project in Northern Ireland amidst an energy crisis caused by natural gas supply constra…