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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…

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…