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Tidal Energy
First US Tidal Energy Developer Heads to Orkney Test Site
California-based tidal energy developer Aquantis has signed a six-month berth agreement to test its Tidal Power Tug at the European Marine Energy Centre (EMEC) …
Tidal Energy
Tidal ArrayBuild-Out Plans Launched for Faroe Islands
Marine energy developer Minesto has launched a detailed plan for large-scale build-out of tidal energy arrays in the Faroe Islands.
Oil Price
Oil Rises, Defying Stock Market Falls as Supply Concerns Persist
Oil prices climbed for a third straight session on Friday, shrugging off concerns about global economic growth as worries about tightening supplies underpinned …
SMR
Doosan Kicks Off NuScale SMR Production for Idaho Nuclear Project
South Korean power industrial giant Doosan has agreed to forge materials for NuScale Power’s small modular reactors (SMR) .
SMR
US DoD Greenlights Mobile Nuclear Microreactor Pilot in Idaho
The US Department of Defense has announced that its Strategic Capabilities Office will go ahead with its plan to build and demonstrate a small nuclear reactor c…
Crude Oil
Petroecuador Begins Meetings to Renegotiate Contracts with PetroChina
Ecuador's state-owned oil company Petroecuador has started meetings to renegotiate long-term sales oil contracts with PetroChina, a process it hopes to conclude…
LNG
Germany to Move away From Russian Gas
Germany has released nearly EUR3 billion to acquire floating liquefied natural gas (LNG) import terminals, the Finance Ministry said on Friday, as it seeks to m…
Crude Oil
U.S. to Resume Oil, Gas Drilling on Public Land Despite Biden Campaign Pledge
The Biden administration on Friday said it has resumed plans for oil and gas development on federal lands, a move that could break a pledge Joe Biden made while…
Thermal Coal
Tough to Find Alternatives for Russian Thermal Coal, Says Japan Utilities Group Head
Alternatives for Russian thermal coal are difficult to find as the market is getting tighter, the head of a group representing Japanese utilities said on Friday…
Tidal Energy
Modular PV and Tidal Power Desalination Buoys From Canada
A floating, reverse-osmosis-based unit turns seawater into potable drinking water through the power of the sun and waves. Oneka developed the product, which req…
Oil Price
Biden’s Top Economic Advisor Says Restarting the Keystone XL Pipeline Now Won’t Lower Oil Prices
President Joe Biden’s top economic advisor suggested Friday the White House is not rethinking its decision to cancel the controversial Keystone XL oil pipeline…
Solar Power Panel
Enel to Create 3-GW Solar Factory in Italy with EU Backing
The renewables arm of Italian utility Enel SpA said Friday that its 3Sun solar panel factory in Catania, Sicily, will become a 3-GW-per-year facility after sign…
Crude Oil
U.S. Issues Formal Notice of Record Sale of Oil From Reserve
The U.S. Energy Department formally outlined a sale of oil from emergency reserves on Friday, a day after President Joe Biden announced the largest release ever…
Geothermal Power Plant
Iceland Offers Case Study of Geothermal’s Powerful Potential
As more countries plan on achieving a green energy transition, Iceland offers guidance on how to effectively harness the power of geothermal.
Joe Biden
Japan Will Act Appropriately on Oil Reserves Release
Japan will act appropriately on oil reserves release while closely watching global developments, the industry minister said on Friday, ahead of a meeting by Int…
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