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Hydrogen Fuel Cell

Green Hydrogen Fuel to Become Competitive Due to War in Ukraine

Bloomberg New Energy Finance (BNEF) recently released a report titled “Ukraine War Makes Green Hydrogen Competitive”, examining the impact of the Russian inva…

Coal Mine

Ohio Utility Says Two Coal Plants Could Close Next Year

An Ohio-based utility said it plans to deactivate or sell the remaining coal-fired units at two of its power plants in 2023, five years earlier than previously …

Oil Shale

US Shale Still Finding Footing amid Market Chaos

US shale players are not eager to significantly increase oil and natural gas production despite growing calls from the political set to boost supply in response…

Energy Transition

Eni Sells 49% of Its Business Enipower

Oil and gas company Eni has announced it has agreed to sell a 49% stake in its power generation business unit Enipower.

Crude Oil

Saudi Considering China’s Yuan for Oil Purchases

Saudi Arabia and China have been growing closer for years, and the news comes at a time of frustration among Gulf states with the US.

Wind Power Project

Vestas Secures First Estonian Wind Project

Vestas has received a 21 MW order from Enefit Green AS’s subsidiary, Enefit Wind Purtse, for the Purtse wind project in Estonia, which represents Vestas’ mark…

Oil Exploration

Deep-Water Exploration Permits Attract Attention in Australia

Offers submitted for nine exploration blocks of which six are off the south-east coast

Crude Oil

Brent Crude Down Almost 6% but Still Above US$100 a Barrel

Brent crude was off almost 6% but remained above US$100 barrel with a potential cessation to violence in Ukraine helping quell sentiment-driven panic price rise…

Gas power plant

Japan Cuts Thermal Power Capacity with Maintenance

Japan's thermal power generation capacity is expected to fall this week on the back of increased maintenance, in line with the arrival of spring weather across …

Natural Gas

After more than a Week, Gas is Still Leaking on the North Slope

Ten days after a natural gas leak was discovered at its Alpine oil development on Alaska’s North Slope, ConocoPhillips is still trying to identify the exact so…

Hydrogen Production

Has Russia Thwarted Its Hydrogen Future?

The hydrogen economy goes well beyond the production and export of low carbon hydrogen to encompass technology covering the entire hydrogen value chain — an ar…

Crude Oil

Oil Terminal Blast In Nigeria Takes Production Offline

An oil terminal was shut down in Nigeria after an attack caused a blast on the facility, and the operator of the terminal declared force majeure that will see c…

Offshore Wind Power

Mainstream Renewable, Aker Get 50% Stake in Floating Offshore Wind Project in Japan

​Mainstream Renewable Power and Aker Offshore Wind have completed a transaction, acquiring an initial 50% of an 800-megawatt floating offshore wind project in …

Natural Gas

Lukoil Strikes Gas at a Caspian Structure, but Major Oil Prospect Proves to be a Mirage

Russian producer was hoping for a much-needed boost in oil reserves within large licence block in Russian sector of the Caspian Sea

Oil Exploration

Drilling Firm Challenging Denial of Oil Exploration Efforts in Big Cypress Swamp

Burnett Oil Co. did not have a rendering of its proposed exploratory oil drilling facility it might build in the Everglades should permits be granted. This is a…