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Banks Haven’t Quit Coal. Study Says Commercial Lenders Have Channeled $1.5 Trillion to the Industry Since 2019
Banks and investors have channeled massive sums of money to support the coal industry in recent years, according to new research, propping up the world’s dirti…
Oil Pipeline
Concerns for UK Coastline as Eni Oil Pipeline Spills 500 Barrels into East Irish Sea
Concerns have been raised for the UK coastline after a 500-barrel oil spill into the East Irish Sea from a pipeline operated by Eni.
Crude Oil
Crude Prices at $100 Could Prompt Major Rise in US Tight Oil Output
Tight oil output from the US could jump by 2.2 million barrels per day if crude prices trade around or above $100 per barrel, driven by growing demand and conti…
Offshore Wind Power
COWI Awarded Its Largest Offshore Wind Engineering Contract
COWI, an international engineering consulting group, has been awarded its largest offshore wind engineering contract in the US to date.
Solar Technology
South Korea: First SK
South Korea Government and SK fuel retail opened the first 'total super energy' station that charges electric vehicles and generates electricity from fuel cell…
Oil Price
China Petrol Shares Positive Start to Year of the Tiger
Chinese shares performed strongly on the first trading day of the Year of the Tiger, reversing the slumps before the Chinese New Year holiday.
Oil Price
Serbia Caps Fuel Retail Prices for 30 Days
Serbia's government said it capped the fuel retail prices for the next 30 days in a bid to alleviate the impact of the global fuel prices surge on living standa…
Net Zero Emission
Nuclear Power May Be the Key to Least-Cost, Zero-Emission Electricity Systems
Nuclear power generation can play a crucial role in helping the world reach a key goal of zero carbon emissions by the middle of the century, especially in coun…
Energy Storage Technology
India’s Greenko, Ayana Renewable Create 6,000MWh ‘Template’ to Contract Out Energy Storage Capacity
Independent power producers (IPPs) Greenko and Ayana Renewable Power will leverage large-scale energy storage to give industrial customers in India ‘round-the-…
Geothermal Power Plant
Enel Green Power Sets a New Record for Rrenewable Energy Generation in Italy
In a new record-setting feat, Enel Green Power generated approximately 119 TWh of renewable energy in 2021. Much of the increase in capacity comes from the 55.4…
Nuclear Power Plant
EDF to Acquire Part of GE Steam Power’s Nuclear Activities
EDF and GE have signed an agreement for EDF to acquire part of GE Steam Power’s nuclear power activities.
CCS
DOE Selects Cormetech to Develop Carbon Capture Tech for Natural Gas Plants
American engineering company Cormetech has been selected by the US Department of Energy to further test and develop a new, lower-cost technology to capture CO2 …
Hydrogen Production
Rusatom Overseas and Air Liquide completed a feasibility study for the construction of a hydrogen production complex on Sakhalin Island
Rusatom Overseas and Air Liquide announced the completion of a feasibility study for the construction of a hydrogen production complex on Sakhalin Island and pr…
Natural Gas
EMA Extends Temporary Electricity Contracts to May 2022
The disruption in piped energy supply persists.
Coal Trade
Indonesia Jan Export Growth Below Expectation After Coal Shipment Ban
Indonesia’s export growth slowed more than expected in January, after authorities in the world’s top thermal coal exporter banned shipments in the first week …
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