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Market Analysis
GECF Unveils 4th Annual Gas Market Report
Doha, QATAR – 5 April 2023: The Gas Exporting Countries Forum (GECF) is pleased to announce the launch of the fourth edition of its Annual Gas Market Report (A…
Crude Oil
Surprise Move: OPEC+ Announces Deep Production Cuts to Stabilise Crude Markets
Together with Russia’s announced production cuts, Opec+ move spells output cuts of 1.6 million barrels per daySaudi Arabia, the United Arab Emirates (UAE)…
Electric Car
‘War of the States’: EV, Chip Makers Lavished With Subsidies
States are doling out more cash than ever to lure multibillion-dollar microchip, electric vehicle and battery factories, inspiring ever-more competition as they…
Oil & Gas Trade
OPEC+ Likely to Maintain Output Cut Amid Strong Oil Market Fundamentals
Opec+ slashed its output by 2 million barrels per day in October last year. ReutersOpec+ will most likely roll over its existing output cuts when it meets on Ap…
Offshore Wind Power
Maryland Sets 8.5 GW Offshore Wind Goal
Governor Moore announced that Maryland will quadruple offshore wind power from the previous goal of approximately 2 GW.The governor said the state has plans to …
Nuclear Reactor
Last Energy Sets up Microreactor Deals for Poland and the U.K.
A rendering of Last Energy's nuclear power plant. (Image: Last Energy)Startup company Last Energy has announced power purchase agreements for 34 units of it…
Nuclear Power Plant
Mo-99 Production Reaches Non-proliferation Milestone
All major global molybdenum-99 (Mo-99) production facilities are now using low-enriched uranium (LEU) targets instead of proliferation-sensitive highly-enriched…
Offshore Wind Power
Jan De Nul’s Mega Jack-up Sets Sail From Uae to Europe
Jan De Nul’s new jack-up vessel, Voltaire, has left Ras Al Khaimah in the United Arab Emirates (UAE), where it underwent further commissioning and project…
EV Market
EU Fossil Fuel Car Ban Gets Final Green Light
The 27 EU member states gave final approval Tuesday to a ban on sales of new fossil fuel cars by 2035, after Germany dropped a last-minute blocking effort.The v…
Energy Storage Battery
Chemists Create Carbon Materials for Energy Storage Device From Brewery Waste
Modern energy storage systems are an important building block for a climate-friendly future. "Modern" means not only that their performance meets the demands of…
Net Zero Emission
At Least $21.4T Power Grid Investment Needed by 2050
This is in line pursuit of net zero targets across the globe.At least $21.4t worth of investments in electricity grids are needed to achieve global net zero, Bl…
Offshore Wind Power
Policymakers Must Act Now to Avoid Supply Chain Challenges Stalling Record Years of New Wind Energy Capacity
The wind industry can expect record installations in both onshore and offshore markets by 2025 with 680 GW of new capacity expected by 2027. Policymakers need t…
Solar Technology
Solsmart Program Plans to Certify 500 New Localities by 2027
The national SolSmart program is expanding to help 500 more cities, towns, counties and regional organizations strengthen local solar energy markets, achieve en…
Geothermal Power Plant
China’s First Deep-Sea Floating Wind Power Platform Sets Sail for Installation
China’s first deep-sea floating wind power platform set sail on Sunday from Zhuhai City in south China’s Guangdong Province towards the country&rsqu…
Hydrogen Fuel Cell
Easyjet Bets on Hydrogen Aircraft to End Flight Emissions
Budget airline easyJet is banking on hydrogen aircraft to reach net-zero emissions by 2050, betting that the novel technology will revolutionise the environment…
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