Ida

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 …

Crude Oil

Oil Futures: Price Rebound Continues on Prolonged War Fears, Brent up 2%

Crude oil futures in Asian trading hours Friday continued the upwards trend amid growing concerns over a prolonged war in Ukraine and renewed fears over the thr…

Wind Farm

Japan to Speed up Wind Farm Projects in Wake of Ukraine Crisis

Japan will accelerate its efforts to develop offshore wind power projects, its industry minister said on Friday.

Hydropower Plant

China's Highest-Altitude Mega Hydropower Plant Fully Operational

With the last 500,000-kW power generation unit officially putting into use, a mega hydropower plant built at an average altitude of 3,000 meters, the highest on…

Crude Oil

Petroecuador Plans to Double Oil Output in Next Five Years. Target Set at 800,000 Boed

Petroecuador, Ecuador's state-owned oil company, on Friday said it will look to double production to 800,000 barrels of oil equivalent per day (boed) in the nex…

Crude Oil

Japan to Call on Middle East Oil Producers to Raise Output

Japan will ask oil producing countries in the Middle East to ramp up production in the face of surging prices triggered by Russia’s invasion of Ukraine, Prime …

Oil & Gas Supply

India, Russia Discuss Ongoing & Potential Joint Energy Projects

India and Russia on last Friday held detailed dialogue on current and potential joint projects in the fuel and energy industry and probable mechanisms for trans…

Tidal Energy

Investment in Ocean Energy Increases 50% in 2021

Public and private investments in ocean energy totalled €70mn in 2021 and tidal energy hit a 'milestone' of 68GwhOcean energy public and private investments to…

Tidal Energy

Britain Revisits Huge Tidal Energy Plan as Ukraine Crisis Continues

An independent commission in the U.K. is to revisit the possibility of using the Severn Estuary, a large body of water between England and Wales, to harness tid…

Offshore Wind Power

RWE and National Grid Consolidate Partnership, Announce Community Offshore Wind as Name of Joint Venture

Following the success of their joint bid in the New York Bight offshore lease auction last month, RWE Renewables and National Grid have announced the name of th…

Oil Price

Fuel Prices on Saipan up 20 Cents

FUEL prices on Saipan went up by 20 cents on Friday and Saturday as the Russian invasion of Ukraine continues to spook global markets.