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Oil Price

Oil Rises on Weakening Dollar, Potential Supply Disruptions

Oil prices edged upwards in early Asian trade on Thursday, as supply concerns and a looming rail stoppage in the United States, the world's biggest crude consum…

Electric Car

Biden Announces First Round of Funding for EV Charging Network Across 35 States

Biden has been a big proponent of EVs, signing into law incentives to encourage consumers to buy them and companies to build them.

Net Zero Emission

Renewables Can Accelerate Decarbonisation in Southeast Asia – Wärtsilä Study

Net zero by mid-century is technically and commercially feasible with a clear roadmap for decarbonisation in Southeast Asia, Wärtsilä states in a new study. …

Wind Power Project

Vestas Wins 43 MW Wind Project Order

In partnership with Mercury, Vestas has secured a 43 MW order for Kaiwera Downs wind farm in New Zealand.

Offshore Wind Power

Iberdrola Sells 49% Of Wikinger Offshore Wind Farm to EIP

Iberdrola has signed an agreement with Energy Infrastructure Partners (EIP) for the sale of a 49% stake in Wikinger offshore wind farm in Germany.

Energy Saving

Energy Efficiency Needs Priority in Hungary’s Energy Policy – IEA

The IEA has released its annual review of Hungary’s energy policy, stating that energy efficiency needs to be central in the coming years for the European coun…

Oil&Gas Drilling

US Offshore Regulator Seeks to Strengthen Well Control Rules

Proposed changes include altering several adjustments made during the Trump administration

CCS

Technip Energies and Mitsui OSK Line Up for Ground-Breaking Offshore CCS Hub

Letter of intent awarded by deepC Store for pre-FEED, FEED and EPC work on Australian project

Wind Farm

Mercury to Build $115M Wind Farm in New Zealand

The energy company said the first stage of the 43 megawatt (MW) wind farm is underway, bringing its total investment in renewable wind generation to $600m since…

Natural Gas

EU to Propose Crisis Measures to Curb Energy Price Spike

The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc. …

Energy Storage Battery

EU Approves State Aid to Greece for 900 MW in Energy Storage

The European Commission has approved, under EU state aid rules, Greece’s support package of EUR 341 million for the construction and operation of storage facil…

Oil&Gas Drilling

No Luck for Equinor and ConocoPhillips With Exploration Wells Offshore Norway

Separate wells drilled near Balder and Oseberg Ost fields

OPEC

OPEC Upbeat on Global Economic Growth

Global economic growth is set to remain robust at 3.1% this year and another 3.1% next year, OPEC said on Tuesday in a forecast suggesting that the cartel expec…

Nuclear Reactor

About 80% Of U.S. Coal Plant Sites Suitable to Host Nuclear Reactors -U.S. DOE Report

As many as 157 retired coal plants and 237 operating coal plant sites across the U.S. could be converted to nuclear power and help the country reach its net-zer…

Poland

Poland to Freeze Electricity Prices for Households in 2023

Poland plans to freeze in 2023 electricity prices at current levels for households consuming less energy, the ruling Law and Justice (PiS) leader said on Tuesda…