L

Offshore Wind Power

Octopus Energy to Buy 15.5% Stake in Lincs Offshore Wind Farm

Operated by Ørsted, the 270MW offshore project is equipped with 75 turbines.

Coal-Fired Power Plants

Converting Coal Power Plants to Nuclear Gains Steam

A U.S. Department of Energy report identifies over 300 coal plants that could be swapped over

Oil Price

Oil Prices Fall on Fuel Demand Fears Sparked by Recession Concerns

Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession.

Natural Gas

Gazprom Says It Sees Gas Shipments to Europe via Ukraine Stable on Monday

Russia's Gazprom said on Monday that it will ship 42.4 million cubic metres of gas to Europe via Ukraine toda.

Crude Oil

APPEC EU Sanctions, Price Cap on Russian Oil to Raise Shipping Hurdles

Oil markets are bracing for the biggest shift in global trade flows ever as nearly 3 million barrels per day of Russian crude oil

Wind Farm

Spanish Company Surus to Take Part in the First Wind Farm Repowering in Africa

The Surus Group, through its online platform Escrapalia, has put 73 wind turbines up for public auction. They come from the Koudia Al Baida Wind Farm, located i…

Net Zero Emission

Saudi Arabia Launches Five Renewable Energy Projects

The new wind and solar farms will have a total capacity of 3,300 megawatts

Nuclear Power Plant

Jacobs to Support Refurbishment of UK Nuclear Research Labs

Engineering services company Jacobs was selected as lifecycle delivery partner to support infrastructure renewal projects at various facilities run by the UK’s…

Offshore Wind Power

Iberdrola Hires Barclays to Sell Stake in Spanish Renewable Portfolio, Expansion Says

Spanish power company Iberdrola hired Barclays' investment bank to sell up to 49% in a portfolio of Spanish renewable power projects.

Crude Oil

Brent Crude Slides Below $85 a Barrel as Dollar Surges

Brent crude fell below $85 a barrel Monday, as recession fears weighed and the U.S. dollar surged.

Oil Price

Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol

The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s…

LNG

UAE Signs Energy Agreement With Germany’s Scholz

The president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan, has signed an agreement with German Chancellor Olaf Scholz that covers accelerat…

Switzerland

Switzerland on Course for Mild Start to Winter, Easing Energy Supply Fears

Switzerland is on track for a mild start to the winter and above average temperatures could even stretch into February.

Hydrogen Project

UAE Strikes Deal With German Companies to Develop Hydrogen Strategy

The Emirates signs agreement with global engineering and advisory company GHD and applied research organisation Fraunhofer-Gesellschaft

LNG

Adnoc Signs Agreements to Supply LNG and Diesel to Germany

State oil company will deliver the first LNG shipment in late 2022 to a floating import terminal near Hamburg