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Oil Price

JPMorgan: Oil Could Easily Hit $120 If Russia-Ukraine Tensions Escalate

JPMorgan is warning that Brent crude could “easily” reach $120 per barrel—if the geopolitical conditions between Russia and Ukraine deteriorate.

Oil Price

TotalEnergies: High Oil Prices Are Here To Stay

TotalEnergies CEO Pouyanné: I've no good news to deliver, oil prices will remain high.

LNG

MOL Signs Charter for New Arctic LNG 2 Ice-Breaking Carrier

Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a charter contract for a newbuilding ice-breaking carrier to serve Russia’s Arctic LNG 2 project.

Energy Storage Battery

Solar, Wind and Energy Storage Proposals for New South Wales Renewable Energy Zone Come Flooding in

The Australian state of New South Wales (NSW) has received proposals for more than 34GW of solar, wind and energy storage for its South-West Renewable Energy Zo…

Crude Oil

U.S. Crude Output to Rise 770,000 bpd in 202R

U.S. crude oil output is expected to rise 770,000 barrels per day to 11.97 million bpd in 2022, the government said in a monthly forecast on Tuesday.

Crude Oil

Mexico Slashes Oil Exports to India

Mexico, which was one of the top-ten oil suppliers to India last year, has drastically cut its crude exports to the Asian consumer so far this year.

Wind Turbine

Canadian Firm Secures $2.4m for Wind Pitch Motor Technology

Canadian firm Enedym has secured CAD$2.4 million (£1.4m) from Sustainable Development Technology Canada (SDTC) to commercialise and advance its Ventium wind pi…

Carbon Neutral

Can Renewables Help Bitcoin Become Carbon-Neutral?

With the bitcoin community continuing to expand, many still wonder how this energy-intensive industry could be sustainable.

Oil Field

Will the UK Greenlight Six New Oil and Gas Fields in North Sea?

The government is allegedly planning to give the go-ahead to six new oil fields in the North Sea.

Ofgem’s Boss: “We Need to Update the Price Cap More Frequently”

Ofgem’s Chief Executive Officer Jonathan Brearley has today hinted at more frequent changes in the level of the price cap.

Thermal Plant

Thermal Storage a Key Part of the Energy Transition Package – IRENA

Thermal energy storage comprised of heating or cooling as a storage medium is tested and deployed in a wide variety of applications. But key barriers remain lim…

Rooftop PV System

Solar and Renewable Energy Trends in 2022

As we move into a new year. Sven Lindström, CEO of Swedish solar energy technology leader Midsummer, gives us his insights as to what new trends we can we expe…

Solar Power Plant

EGAT Deploys Siemens Software Solutions for the Worlds Largest Hydro-Floating Solar Hybrid Project

EGAT has moved forward with its policy of using clean energy and reducing carbon dioxide emissions with smart technology by deploying Siemens’software solution…

Rooftop PV System

New Custom Duty on Solar Equipment Looms over India’s RE Goals

The government will be introducing a 25% rate on solar cells and 40% on solar modules in April.

Polysilicon Shortages in Solar PV Markets to End Within 18 Months

The solar squeeze of 2021 will be ended by a surge of new polysilicon production capacity coming online in the next two years, according to new research from Re…