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OPEC

OPEC Upbeat on Global Economic Growth

Global economic growth is set to remain robust at 3.1% this year and another 3.1% next year, OPEC said on Tuesday in a forecast suggesting that the cartel expec…

Nuclear Reactor

About 80% Of U.S. Coal Plant Sites Suitable to Host Nuclear Reactors -U.S. DOE Report

As many as 157 retired coal plants and 237 operating coal plant sites across the U.S. could be converted to nuclear power and help the country reach its net-zer…

Poland

Poland to Freeze Electricity Prices for Households in 2023

Poland plans to freeze in 2023 electricity prices at current levels for households consuming less energy, the ruling Law and Justice (PiS) leader said on Tuesda…

Energy Transition

Investors With $39 Trillion Urge Governments to Plan Fossil Fuel Phase Out

Investors managing $39 trillion have called on governments to raise their climate ambition, including setting plans to phase out fossil fuel use and forcing com…

Cyberattacks Are a Major Risk for the World’s Largest Oil Company

Cyberattacks are among the greatest risks Saudi Aramco faces these days, Amin Nasser, president and chief executive officer at the world’s biggest oil firm, sa…

Crude Oil

South Sudan Won’t Let OPEC+ Stand in Way of Increasing Oil Output

South Sudan has threatened to quit the OPEC group if it interferes with its ability to meet its ambitious oil production plans, first vice-president Riek Machar…

Hydrogen Project

Billionaire Forrest Launches 9GW Renewables-Fuelled Hydrogen Megaproject in Egypt

North African nation is on track to 'global powerhouse' for generation of green fuels, says Fortescue Future Industries chief at meeting with Egyptian president…

Hydrogen Production

European Parliament to Vote on Scrapping Green Hydrogen ‘Additionality’ Requirements

Hydrogen Europe presses MEPs to relax toughest regulations on green hydrogen production so European developers can compete with the US

Solar Technology

Solar Energy – Harnessing the Power of the Sun

Solar power is a cheap, clean, modular and flexible energy source. It is currently one of the cheapest renewable energies on the market and the most accessible …

Energy Transition

Oxford Group: Decarbonizing Energy Would Save $12 Trillion

A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward re…

Wind Turbine

Baltic Power Signs Contracts for Offshore Substations and Wind Turbine Foundations

Baltic Power has signed contracts for the manufacture, delivery and installation of offshore substations and foundations for its wind farm project located in th…

Smart Grid

Transgrid Interconnector Uses Smart Grid Tech to Unlock Network Capacity

Australian TSO Transgrid has announced its use of smart grid technology through an interconnector project to unlock additional renewable energy capacity.

Electric Car

Quantum Computing to Advance Electric Vehicle Mobility

Quantum computing specialist Multiverse Computing is participating in a Renault-led electric and connected vehicle consortium in Spain.

LNG

Central African Countries Champion 6500-Km of New Pipeline Construction

Central African countries have signed an agreement to construct three multinational oil and gas pipeline systems of around 6,500 km, storage depots, LNG termina…

EU

EU Approves €1.5BN Romanian Scheme to Compensate Energy-Intensive Firms

It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs, i.e. indirect emission costs, incurred b…