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Crude Oil
Global Oil Supply Set to Outpace Demand Amid Higher Production, IEA Says
The surge in new Covid cases is expected to 'temporarily slow' but not upend the recovery in demand
Solar Power Plant
Mitsubishi, Lawson to Supply Solar Power to 3,600 Convenience Stores
The supplying of the renewable energy will start in April 2022.
Biobattery
China is Global Biomass ‘Outperformer’: Fitch Solutions
It is adding more than 14.5GW between 2021 and 2030.
Hydrogen Project
Australia’s Northern Territory to Host Major Green Hydrogen Project
The Northern Territory is set to host the Desert Bloom hydrogen project, which is expected to have a maximum capacity of 410,000 tonnes of hydrogen.
Offshore Wind Power
Vattenfall Gives Go-Ahead for Vesterhav Syd and Nord Offshore Wind Farms
Vattenfall has taken the final investment decision for Vesterhav Syd and Vesterhav Nord adding 344 MW of fossil free electricity capacity to the Danish energy s…
Nuclear Power Plant
Akkuyu 1 Construction and Components
The control rod arrangement of a pressurised water reactor has an important role in operation and in safety through instigating power generation, controlling po…
Hydrogen Project
Sun Brilliance Completes the Design of a 310,000 tonne per Year Hydrogen Production facility in Australia
Sun Brilliance has completed the design of a 310,000 tonne per year green hydrogen production plant that aims to boost Western Australia’s hydrogen prospects w…
Hydrogen Project
10GW Hydrogen Megaproject to be Developed in the Australian Outback Gains Major Project Status
The Desert Bloom Hydrogen project aiming to introduce a 10GW commercial-scale green hydrogen production operation has been awarded a Major Project Status by Aus…
Nuclear Reactor
RWE Awards German Reactor Dismantling Contracts
German utility RWE has awarded a contract to Westinghouse to dismantle two reactors at the Gundremmingen nuclear facility.
Hydrogen Project
The First 5 Green Hydrogen Storage Tanks Arrive in Puertollano
The transport and supply of 5 of the 11 renewable hydrogen storage tanks to the largest plant in Europe for the production of this gas by water electrolysis tha…
Oil Price
Iran Bases Its 2022 Budget on $60 oil
The budget bill for Iran’s next calendar year is based on an oil price of $60 a barrel, up from $40 this year.
Oil Pipeline
Germany’s New Chancellor May Let Red Tape Delay Nord Stream 2 Start
German Chancellor Olaf Scholz, under pressure from the U.S. to halt the Nord Stream 2 pipeline project over Russian aggression toward Ukraine, may quietly deleg…
Oil Price
Saudis Foresee Oil Price Spikes from Energy Transition Efforts
Saudi Arabia’s finance minister echoed warnings from the kingdom’s oil officials that a slowdown in fossil-fuel investment globally will cause spikes in energ…
Crude Oil
OPEC+ Undershoots Oil Production Target Again
The OPEC+ group delivered the 400,000-bpd production increase in November, but it was still more than half a million barrels per day short of its overall oil pr…
Market Analysis
Energy Supply Will Catch Up With Demand In 2022
Oil and gas supply will grow faster in 2022 than it did in 2021 to the point of catching up and even surpassing energy demand growth.
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