Ess

Rooftop PV System

Italy Speeds up Permits for Solar up to 200kW, Allocates €267 Million for Rebates

The Italian authorities have introduced new provisions in the DL Energia decree to reduce energy bills for households and businesses.

Floating Offshore Wind

Ocean Winds, Aker Offshore Wind Secure 1.2 GW Floating Capacity in South Korea

Korea Floating Wind (KF Wind), a joint venture between Ocean Winds and Aker Offshore Wind, has secured an Electric Business License from South Korea’s Ministry…

Coal Price

Coal Prices Spike as Russia-Ukraine Crisis Escalates

The Russia-Ukraine crisis has shocked the coal and the broader energy markets, with spikes in Newcastle prices observed in recent days, says Wood Mackenzie, a V…

Solar Power Panel

Solar PPA Business on the Rise in Japan

Sumitomo, Sunseap and Shikoku Electric are partnering to offer bilateral PPAs to big power consumers in Japan. The consortium will operate through a dedicated j…

Rooftop PV System

Clean Energy Supply Chains Need ‘Significant’ Improvement, DOE Report Finds

A year after President Joe Biden signed an executive order calling for a review of American supply chains, the Department of Energy released what it called its …

Electric Car

Ford Announces New Plans to Strengthen Operation and Scale EVs

Ford is continuing to transform its global business by accelerating the development and scaling of breakthrough electric connected vehicles.

Natural Gas

New Pipelines Carrying Natural Gas Plant Liquids Increase Natural Gas Processing

Several of these recent infrastructure projects were dedicated to transporting a mix of natural gas plant liquids (NGPLs), which are produced at natural gas pro…

Crude Oil

Russia’s Oil Exports Are Plunging Even Without Sanctions

While Western leaders are yet to put any sanctions on Russia’s energy exports, the country’s oil industry is already struggling as international refiners are …

Crude Oil

Russian Urals Differentials Weaken $6.805/b Day on Day to New Record Low

Russian Urals crude has collapsed by $6.805/b day on day, further breaking its lowest ever discount to Brent as the pressure from international sanctions takes …

Crude Oil

Russian Oil Firms Move Bank Accounts to Keep Business Running- Sources

Some Russian oil companies have stopped banking with sanctioned lenders including VTB and Sberbank and switched to those that do not face restrictions, includin…

Nuclear Power Plant

China Voices Concerns for Safety of Ukraine's Nuclear Facilities

China's Permanent Representative to the United Nations in Vienna Wang Qun on Wednesday expressed concern for the safety of nuclear facilities in Ukraine amid th…

Offshore Wind Power

TotalEnergies Begin Development of Offshore Wind Farm

TotalEnergies has successfully been named a winner of maritime lease area OCS-A 0538 by the Bureau of Ocean Energy Management (BOEM) in the New York Bight aucti…

Oil & Gas Supply

ExxonMobil to Exit Russian Oil and Gas Operations Amid Ukraine Crisis

The American energy major is beginning the process to pull out from the Sakhalin-1 venture, in Russia.

Crude Oil

Canada Eyeing Russian Oligarch Holdings in its Oil-Rich West

Canada is examining assets of Russian oligarchs and considering more sanctions, Finance Minister Chrystia Freeland said, as Western nations increase pressure on…

Crude Oil

Ukraine Crisis: IEA Members Vote to Unlock Oil Reserves to Reassure Markets

The 31 countries of the governing board of the International Energy Agency have agreed to release 60 million barrels of oil from their emergency reserves to “s…