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Climate Policy
CPS Energy Will Spend $50 Million to Comply with EPA Rule on Coal Ash Storage
Despite opposition from environmental activists, CPS Energy trustees Monday approved the construction of a $50 million retention pond for the J.K. Spruce Power …
Oil & Gas Supply
Carve-out in U.S. Sanctions will Still let Russia Profit from Oil, Gas
There is a glaring carve-out in President Joe Biden’s sanctions against Russia: Oil and natural gas from that country will continue to flow freely to the rest …
CCS
Energy Partners Announce CCS Project at Port of Corpus Christi
Talos Energy and Howard Energy Partners (HEP) plan to pursue opportunities for carbon capture and sequestration (CCS) at the Port of Corpus Christi, under a new…
OPEC
Saudi Crown Prince Says Kingdom Still Committed to OPEC+ Oil Agreement with Russia
Saudi Arabia remains committed to OPEC+ agreement, Crown Prince Mohammed bin Salman told French President Emmanuel Macron Feb. 27, in an endorsement for the blo…
Decarbonising Industry Can Be ‘Mission Possible and Profitable’
Decarbonising hard-to-abate sectors of industry will take a programme of co-ordination, investment and policy on a scale not seen since Europe’s post-war recov…
Energy Investment
Norway’s Equinor will End Investments in Russia, Exit Joint Ventures
Norway’s Equinor said Feb. 28 that it has decided to stop new investments in Russia and start exiting from joint ventures because of Russia’s invasion of Ukra…
Offshore Wind Power
TotalEnergies Wins Maritime Lease to Develop Wind Farm Offshore New York and New Jersey
TotalEnergies was named a winner of maritime lease area OCS-A 0538 by the BOEM (Bureau of Ocean Energy Management) in the New York Bight auction last week.
Oil Price
India Ready to Tap National Oil Stocks Further to Tackle Soaring Prices
India is prepared to release additional crude from its national stocks in support of efforts by other major oil importers to mitigate surging global prices, the…
Oil Price
Can African Oil Producers Take Advantage of Increasing Oil Prices?
Russia's invasion of Ukraine has pushed the price of oil to over $100 per barrel. But, it's also opened an opportunity for African oil producers like Nigeria, A…
Oil Price
Oil Could Jump Back Above $100 as Traders Assess Russia SWIFT Ban
A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a barrel as …
LNG
Shell to Exit Russia After Ukraine Invasion, Joining BP
Shell will exit all its Russian operations, including a major liquefied natural gas plant, it said on Monday, becoming the latest major Western energy company t…
LNG
Japan's JERA Does Not Currently See SWIFT Ban Impacting Sakhalin 2 LNG Imports
Japan's largest power generation company JERA does not currently see the latest financial sanctions on Russia, including barring designated Russian banks from t…
Electric Vehicle Charging
Wireless EV Charging Coming Soon to US Market
WiTricity has unveiled plans to develop wireless charging stations for select electric vehicle models.
Solar Power Plant
Cochin Airport to Be Power-positive With New Solar Plant from March 6
The Cochin International Airport Limited (CIAL), the world’s first airport fully powered by solar energy, is to become power-positive with the commissioning of…
Smart Grid
Schneider Electric and Cisco Link up to Build Egypt’s Smart Grid
Schneider Electric signed the contract, with the Ministry of Electricity and Renewable Energy, to build and transform four control centres for Egypt’s national…
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