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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…
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.
LNG
EU Clinches U.S. LNG Deal, Brushes off Russian Rouble Demand
The European Union and United States are set to unveil a deal on Friday to supply Europe with more U.S. liquefied natural gas (LNG).
Tidal Energy
SIMEC Atlantis Redeploys MeyGen Tidal Turbine
SIMEC Atlantis Energy has redeployed its 1.5MW tidal energy turbine – the AR1500 – at its MeyGen site offshore Scotland.
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 …
Wind Power Project
Netherlands Doubles Wind Energy Targets for 2030
The Dutch government on Friday doubled its forecasts for offshore wind power generation in the country by 2030 as the Netherlands seeks to curb its reliance on …
Tidal Energy
Investment in Tidal Energy Is Growing
Following the pandemic, interest and investment in tidal and wave energy projects went above and beyond pre-pandemic levels.
Nuclear Power Plant
Belgium Delays Nuclear Energy Exit 10 Years Due to Ukraine War
Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, spooked by the huge rise in energy prices due to the Russian invasion of Ukraine.
Nuclear Reactor
Belgium's Plans to Scrap Nuclear Energy Delayed by 10 Years Because of Russia-Ukraine War
Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, worried by the rise in energy prices caused by the Russian intervention in Ukraine…
Nuclear Power Plant
Court Orders South Africa Government to Clean up Air in Coal Belt
A South African court on Friday upheld a complaint by activists that poor air quality in the coal belt is a breach of constitutional rights, giving the environm…
Crude Oil
Japan and Saudi Arabia to Work Toward Stabilizing Crude Oil Markets
Prime Minister Fumio Kishida and Saudi Arabia’s Crown Prince Mohammed bin Salman agreed Thursday to bolster cooperation on stabilizing global crude oil markets…
Crude Oil
India Buys Russian Oil Despite Pressure for Sanctions
The state-run Indian Oil Corp. bought 3 million barrels of crude oil from Russia earlier this week to secure its energy needs, resisting Western pressure to avo…
Oil Price
Oil Jumps as Russia-Ukraine Talks Stall
Oil prices extended their rally on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the …
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