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Oil Price

Oil Prices Fall on Fuel Demand Fears Sparked by Recession Concerns

Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession.

Natural Gas

Gazprom Says It Sees Gas Shipments to Europe via Ukraine Stable on Monday

Russia's Gazprom said on Monday that it will ship 42.4 million cubic metres of gas to Europe via Ukraine toda.

Wind Farm

Spanish Company Surus to Take Part in the First Wind Farm Repowering in Africa

The Surus Group, through its online platform Escrapalia, has put 73 wind turbines up for public auction. They come from the Koudia Al Baida Wind Farm, located i…

Net Zero Emission

Saudi Arabia Launches Five Renewable Energy Projects

The new wind and solar farms will have a total capacity of 3,300 megawatts

Nuclear Power Plant

Jacobs to Support Refurbishment of UK Nuclear Research Labs

Engineering services company Jacobs was selected as lifecycle delivery partner to support infrastructure renewal projects at various facilities run by the UK’s…

Oil Price

Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol

The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s…

LNG

UAE Signs Energy Agreement With Germany’s Scholz

The president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan, has signed an agreement with German Chancellor Olaf Scholz that covers accelerat…

Switzerland

Switzerland on Course for Mild Start to Winter, Easing Energy Supply Fears

Switzerland is on track for a mild start to the winter and above average temperatures could even stretch into February.

Hydrogen Project

UAE Strikes Deal With German Companies to Develop Hydrogen Strategy

The Emirates signs agreement with global engineering and advisory company GHD and applied research organisation Fraunhofer-Gesellschaft

Energy Storage Technology

Renewables and Storage Are Better Together

The growth of intermittent renewable energy across the globe has necessitated the deployment of energy storage technologies to fully replace fossil fuels with c…

Solar to Dominate Non-Hydropower Capacity in MENA

It will reach 42GW in 2031.

Geothermal Power Plant

Indonesia’s Geothermal Energy to Reach 8.1GW by 2035

It could still meet its 9.3GW target if it is successful in the WKP auctions, amongst others.

Electric Car

EV Sales to Hit All-Time High in 2022, IEA Says, but More Work Needed to Put World on Net-Zero Path

The IEA says both EVs and lighting are “fully on track for their 2030 milestones” in its net-zero by 2050 scenario.

Nuclear Fusion

US Launches $50M Programme to Advance Commercial Fusion

In order to bring fusion closer to commercial viability, the Department of Energy (DOE) has announced up to $50 million to launch a new milestone-based fusion d…

Wind Power Project

Wind Energy Industry Warns: Actions Not Words Needed to Address Energy Security and Climate Crises Ahead of COP27

More than 100 leading wind energy companies call on Paris Signatories to streamline planning and permitting, upgrade grid infrastructure and evolve power market…