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Crude Oil

IEA Says Oil Demand more Resilient than Expected in the Face of Omicron

Global oil demand has proven stronger than expected as the latest coronavirus variant inflicts a softer hit to the economy than anticipated.

Crude Oil

OPEC Targeting Oil Prices Below $100, Oman’s Oil Minister Says

OPEC and its allies don’t want crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,…

CNOOC

Chinese Oil Major CNOOC Targets Record High Production This Decade

CNOOC set its production target at 600 million to 610 million barrels of oil equivalent (boe) for 2022, up from the 2021 target of 545-555 million boe

Oil Price

Oil Prices Inch Higher Despite Large Gasoline Build

Crude prices dipped slightly before jumping again after the Energy Information Administration reported an inventory decline of 4.6 million barrels for the week …

Oil Refinery

Saudi Aramco Buys Stake In Refinery In Russia’s Backyard

Saudi Arabia is expanding its downstream presence and crude customers in Eastern Europe, traditionally Russia’s backyard, by buying a stake in a Polish refiner…

Nuclear Power Plant

Fresh Delay to Flamanville 3 Blamed on Pandemic

The start of operations for the Flamanville 3 EPR reactor in France has been put back, with EDF saying the Covid-19 pandemic had made preparations "more difficu…

Nuclear Power Plant

Applications Made to Build El Dabaa Units 3 and 4

Egypt's El Dabaa nuclear power project has moved forward with the application for construction licences for units 3 and 4.

Hydrogen Project

Australia set to Export Hydrogen to the Republic of Palau for Zero-Emission Shipping

Australia is set to export green hydrogen to the Republic of Palau, an archipelago of Pacific islands, to supply and implement hydrogen for fuel cells within ve…

Electric Vehicle Battery

Toshiba Launches 20Ah-HP SCiB Rechargeable Li-ion Battery

Toshiba Corporation expanded its SCiB product offering with the launch of a 20Ah-HP rechargeable lithium-ion battery cell that delivers high energy and high pow…

Energy Storage Battery

U Mich Team Develops 1,000-Cycle Lithium-Sulfur Battery

A paper on their work is published in Nature Communications.

Wind Power Project

Eolus and Hydro REIN Partnership to Develop Wind Power

All conditions for the partnership agreement have been fulfilled and payment has occurred.

Power Construction

Hitachi Energy’s Digital Substation Improves Grid Reliability in East Java

Japanese energy technology company Hitachi Energy has delivered a 150kV digital substation to Indonesian utility PT Perusahaan Listrik Negara to ensure reliable…

Energy Investment

Apicorp and IsDB Collaborate on $1bn Infrastructure Financing Initiative

The multilateral lenders aim to address low private sector participation in funding energy projects

Nuclear Reactor

3D Printing for Nuclear Reactors Steps off the Big Screen

Ultra Safe Nuclear Corporation has licensed a novel method to 3D print components for nuclear reactors.

Energy Security

Approved Power Projects in Nigeria do not Make a Dent in Power Problem

A recent review shows that 43 power projects approved by the Nigerian Electricity Regulatory Commission have not made a dent in alleviating the electricity cris…