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Oil Exploration
Proceeds of Oil and Petroleum Exploration to be Equally Divided Between States in DAB
Chief Minister of Assam has positively indicated for equally dividing the proceeds of Petroleum and Oil exploration and extraction between the two states in sec…
Joe Biden
EU to Mull Russian Oil Embargo with Biden Set to Join Talks
EU governments will consider whether to impose an oil embargo on Russia over its invasion of Ukraine as they gather this week with Joe Biden for a series of sum…
Geothermal Power Plant
US Firm Plans Geothermal Deep Closed-Loop Cooling System in Bali, Indonesia
U.S. company GEIOS together with Indonesian partner plans the first deep closed-loop geothermal system for geothermal heat transfer for district cooling in Bali…
Geothermal Power Plant
Significant Increase in Geothermal Development in Kenya
With an installed capacity of 863 MW, geothermal produced around 48% of all electricity supplied in Kenya in 2020/ 2021.
Hydrogen Project
European Investment Bank Looking to Invest in Hydrogen Projects
The European Clean Hydrogen Alliance has announced a call to action for projects in the hydrogen sector to submit proposals by 5 April 2022 for funding from the…
SMR
Boris Johnson to Host Nuclear Energy Roundtable to Remove Barriers to New Developments
The Prime Minister is set to host a meeting on how to remove the barriers to increasing the UK’s nuclear power output, No 10 has announced.
Hydrogen Production
New Partnership to Pave Way for Next-Generation, Cost-Competitive Green Hydrogen Production
The efficiency of electrolysers will be explored in order to generate cost-competitive green hydrogen with the creation of a Partnership Research Chair at the U…
SINOPEC
Aramco in Discussions with Sinopec on Downstream Ventures
Saudi Aramco is looking at a number of opportunities with China's state-backed Sinopec and is still in discussions with India's Reliance on a possible joint ven…
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.
Oil Price
Saudi Aramco’s Full-Year Profit More than Doubles on Soaring Oil Prices
Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion.
Hydrogen Fuel Cell Vehicle
First Hydrogen Fuel Cell Car in India is the Toyota Mirai
The vehicle will be used as a part of a pilot project in the country along with the ICAT.
Natural Gas
Shell Cleared to Restart Prelude FLNG
Shell has been given the green light to resume operations at its Prelude floating liquefied natural gas (FLNG) facility offshore Western Australia after an inci…
LNG
Germany in Talks with Qatar on Long-Term Gas Supplies to Reduce Russian Dependence
Germany and Qatar are negotiating a long-term energy partnership, government officials from both sides said Sunday, as Europe's biggest economy seeks to become …
Carbon Neutral
Will 30 Years Be Enough to Achieve Carbon Neutrality?
Countries need time to decarbonise old assets, too, Black & Veatch claims.
United States
Energy Major BP Aims to Double Convenience Earnings by 2030
Energy major bp recently unveiled a series of new initiatives for innovating the future of fuel and convenience stations in the US.
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