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Crude Oil

UAE Believes the Oil Industry Is in “Decline Mode”

Crude oil is in “decline mode” in the long term, OPEC heavyweight the United Arab Emirates (UAE) says.

Natural Gas

Azerbaijan Needs Investment in Order to Boost European Gas Flows

Azerbaijan will need investment and long-term purchase commitments if it is to double its natural gas supply to the European Union.

Solar Power Panel

Rural America Is Pushing Back Against the Renewable Boom

Reaching net zero by mid-century will require the world to double its current rate of renewable expansion.

Natural Gas

Why Overly Confident U.S. Drillers Ditched Their Hedges

Some Big Oil companies are so confident that high oil prices are here to stay that they have completely ditched their hedges.

Energy Transition

British Energy Giant Bp to Buy Biogas Producer Archaea in $4.1bn Deal

Archaea Energy operates 50 renewable natural gas and landfill gas-to-energy facilities across the US, producing around 6,000 barrels of oil equivalent a day of …

Electric Vehicle Battery

EDF Renewables Building 50MW Battery Site

The site will reportedly be able to power 100,000 homes with clean energy for two hours.

Smart Grid

First Virtual Power Plant Inaugurated in Greek Energy Market

Driven by Greek electricity market reform, emsys VPP has announced the inauguration of the first Virtual Power Plant (VPP) into the Greek electricity market.The…

Electricity Transmission

Transgrid Completes Smart Interconnector Upgrades

Australian utility Transgrid has used SmartValve technology from US-based grid enhancing technology company Smart Wires to improve the efficiency and capacity o…

Offshore Wind Power

Japan’s TEPCO and Scotland’s Flotation Energy Eye Offshore Wind Prospects

TEPCO Renewable Power, a subsidiary of Japanese utility Tokyo Electric Power Company (TEPCO), is teaming up with Flotation Energy to develop the offshore wind m…

Net Zero Emission

MIT Amps up Research to Reduce Methane Emissions by 2030

One of the most notable climate change provisions in the 2022 Inflation Reduction Act is the first U.S. federal tax on a greenhouse gas (GHG).

Crude Oil

North America Leads $370 Billion Global Push for Oil & Gas Pipelines

Westwood’s upcoming onshore pipeline market forecast has revealed that between 2022 and 2028, the world will spend almost $370 billion on new oil and gas pipel…

Oil Price

BP Looking at Billions in Buybacks for Q4

British oil and gas supermajor BP Plc. has announced plans to buy back $2.5 billion in shares after an impressive third quarter.

Hydrogen Project

The UK Looks to Repurpose Natural Gas Infrastructure for Hydrogen

The UK is trialing the idea of repurposing natural gas infrastructure for hydrogen.

Natural Gas

Chesapeake Points to Rising Costs in Fastest-Growing U.S. Gas Field

Chesapeake Energy on Wednesday said inflation in the fastest growing U.S. shale gas region could surpass 15% next year, a sign that soaring costs for energy pro…

Net Zero Emission

EGA Joins First Movers Coalition to Continue Focus on Decarbonising Its Operations

The company is the first in the UAE to join the coalition.