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Energy Transition

Post-Merger with Aker BP, Lundin Energy Leaving Behind Oil & Gas Business to Focus on Renewables

Following the completion of the merger of Aker BP’s and Lundin Energy’s E&P businesses, the latter will remain with renewable energy assets, focusing on creat…

Hydrogen Storage

Green Hydrogen Could Be a ‘Game Changer’ in Energy Industry

This is even as hydrogen only accounts for 0.2% of electricity generation currently.

Crude Oil

Shell to Buy Russian Crude and Use Profits to Help Ukraine

Shell, Europe’s largest oil company, said Saturday that it would probably continue to buy Russian crude oil to feed into its refineries and supply customers wi…

Oil Shale

U.S. Shale Producers Oasis, Whiting to Merge in $6 Bln Deal

U.S. shale oil and gas producers Oasis Petroleum Inc OAS.O and Whiting Petroleum Corp WLL.N will merge in a $6 billion deal, the companies said on Monday.

Oil Price

Want Lower Oil Prices? First You Need Higher Ones

There is only one way oil prices are going to fall – by first rising even more. That is the growing consensus among Wall Street analysts, who say there is not …

Research on Enhanced Geothermal Systems Being Done in Underground PNNL Lab

An underground research facility of PNNL in South Dakota is conducting groundbreaking research on Enhanced Geothermal Systems.

Oil & Gas Supply

Alberta Oil can be a Solution to U.S. Energy Supply Crunch

Alberta, Canada’s main oil-producing region, can help alleviate the global oil supply crunch caused by energy disruptions, Alberta energy minister, Sonya Savag…

Energy Storage Battery

EIA Sees Continued Sunny Skies for Solar and Energy Storage

Power plant developers and operators expect to add 85 GW of new generating capacity to the U.S. power grid from 2022 to 2023, according to data reported by the …

Hydrogen Technology

UAE and Austria Sign Pact to Deepen Partnership in Hydrogen Technology Development

Deal builds on Comprehensive Strategic Partnership signed by the two countries last July

Natural Gas

How Europe Can Reduce Its Dependence on Russian Natural Gas

Europe’s dependence on natural gas from Russia has given President Vladimir Putin leverage over the European Union, making it hard to impose energy sanctions o…

Wind Power Project

U.S. Added Less New Wind Power in 2021 Than the Previous Year — Here’s Why

New wind installations fell in 2021 as the industry faced a series of challenges, including supply chain headwinds, logistics logjams and international trade ba…

Oil Price

OPEC Has No Control over Events Roiling Global Oil Markets

OPEC has no control over the events that have led to the run up in global oil prices and there is not enough capacity worldwide to compensate for the loss of Ru…

Offshore Wind Power

TerraSond Supports Vineyard Wind 1 Project

TerraSond, a product and service line brand in Acteon’s geo-services segment, plans to invest in a new base in Massachusetts, US, as part of its commitment to …

Hybridizing PV, Redox Flow Batteries and Geothermal Heat Pumps

A Spanish consortium is equipping one of Madrid’s largest metro and bus stations with a hybrid system that combines PV, geothermal pumps, and vanadium redox fl…

Natural Gas

Average Gas Price in New Hampshire Above $4 per Gallon

Granite Staters are now paying an average of more than $4 a gallon for gas for the first time in more than a decade.