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Offshore Wind Power

How the UAE Is Helping to Power 2 Million Dutch Homes

The new era of offshore wind power demands engineering as formidable as that achieved in the era of oil and gas. The UAE is playing its role.

Oil Price

Sinopec's 2021 Profit More Than Doubled on Higher Oil Prices, Sales

China Petroleum & Chemical Corp.'s 2021 net profit more than doubled to its best level in nearly a decade on higher prices and demand for petroleum products.

United States

Why Gas Prices Have Soared in America

Why gas prices are high even though the U.S. doesn't depend on Russia for oil?

Energy Transition

AfDB Pledges $2.8bn Towards South Africa for Energy Transition

African Development Bank Group President Dr Akinwumi A. Adesina has pledged his institution’s support for South Africa, announcing a $2.8 billion package for t…

Offshore Wind Power

BP Establishes Partnership Focused on Offshore Wind in Japan

BP has agreed to establish a strategic partnership with Japanese conglomerate Marubeni that will focus on offshore wind development and potentially look at “ot…

Floating Offshore Wind

Celtic Sea Set for Gigawatt-Scale Floating Wind to Produce Green Hydrogen

UK-based renewables developer Source Energie has partnered with hydrogen technology firm ERM Dolphyn to develop floating wind sites that produce green hydrogen …

Russian Federation

Russia's Energy Chief Says It Would Accept Bitcoin for Oil and Gas

The heavily-sanctioned country is scrambling to find ways to increase its revenue and has floated the possibility of allowing China and Turkey to pay for energy…

Electric Car

LG Invests $1.4 Billion into First US Cylindrical Battery Plant

LG Energy Solutions (LGES) has announced a KRW1.7 trillion ($1.4 billion) investment in a cylindrical battery plant. It is said to be the first-ever cylindrical…

Hydrogen Production

A Gas Giant Maps out Its Hydrogen Plan

The market for the clean-burning fuel will take a long time to develop. That may give incumbents like Air Liquide an advantage over startups.

Carbon Emissions

Emissions and Energy Model to Help Nigeria Achieve Climate Goals

An updated version of the Nigeria Energy Calculator 2050 (NECAL 2050) was recently launched in a bid to assist Nigeria achieve its climate goals.

Carbon Emissions

Global Carbon Dioxide Emissions at Historic Highest in 2021: IEA

Global energy-related carbon dioxide emissions rose by 6 per cent in 2021 to 36.3 billion tonnes, their highest ever, as the world economy rebounded strongly fr…

CCS

Offshore Engineering Consultancy Secures Work on Norwegian CCS Project

Offshore Engineering consultancy specialist Global Maritime has secured a deal with Northern Lights JV, which will see it support the project’s efforts aimed a…

Offshore Wind Power

Shell Initiates Development Process for up to 17 GW of Brazilian Offshore Wind

Bloomberg said the company is proposing to build six projects with a combined capacity of 17 GW and has applied for environmental permits from the Brazilian Ins…

Australia

Bids Called for Exploration Blocks in Western Australia

The state government in Western Australia has invited bids for one offshore exploration block and seven onshore permits in the Carnarvon and Amadeus basins.

Hydropower Plant

Low Water Levels Paralyze Hydropower Plants in Albania

Albania extended a national holiday for a day as demand for electricity outstripped domestic production and low water levels paralyzed hydropower plants across …