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Oil Price
Oil Prices Drop on Easing of Ukraine Crisis but Outlook Remains Bullish
Oil prices eased slightly early on Wednesday amid a de-escalation of geopolitical tension in eastern Europe but analysts said the decline is “short-lived”, wi…
Natural Gas
Putin Says Nord Stream 2 Would Cement Europe's Energy Security
Putin reiterated on Tuesday after meeting German Chancellor Olaf Scholz that the Nord Stream 2 gas pipeline, which is still awaiting regulatory approval, is a "…
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.
Net Zero Emission
UK's National Grid to Get Grid Stability Services from Renewables for First Time
Britain's National Grid said on Monday it will be able to obtain grid stability services from renewable power generators for the first time, in the path to deca…
Wind Farm
Commissioning Spree Boosts Latin America's Onshore Wind Capacity
Hundreds of megawatts connected to grid as a handful of large projects come online in Brazil, Chile and Mexico.
Oil Price
White House: No Oil Producer Should Hold Back Supply As Oil Hits $90
The White House says as oil hit $90, noting that the U.S. Administration has left “all options on the table” to address high oil and gasoline prices and could…
LNG
MOL Signs Charter for New Arctic LNG 2 Ice-Breaking Carrier
Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a charter contract for a newbuilding ice-breaking carrier to serve Russia’s Arctic LNG 2 project.
Polysilicon Shortages in Solar PV Markets to End Within 18 Months
The solar squeeze of 2021 will be ended by a surge of new polysilicon production capacity coming online in the next two years, according to new research from Re…
Power Construction
Fort McCoy Working with Energy Provider to Improve Electrical Grid
Workers and linemen with contractors and energy provider Xcel Energy have been working at Fort McCoy in January to upgrade the installation’s electrical system…
Market Analysis
Asia Amongst Key Drivers of Growth in Nuclear Power
Asia is expected to bring the most growth in nuclear power generation with 32 nuclear reactors in the pipeline, estimated to generate 30 GW in electricity annua…
Electricity Transmission
France Power Imports Fall in January
France kept its position of net power importer for the third consecutive month, despite being traditionally a net power exporter, but flows declined on the mont…
Nigeria
Nigeria Oil Refinery About to Come Online Later This Year
AfDB President Dr Akinwumi Adesina described the Dangote oil refinery and petrochemical plant project in Nigeria as a game-changing initiative that will spur th…
Solar Power Plant
Shell Acquires Solar-Konzept Italia
Shell has acquired 100% of solar development company solar-konzept Italia Srl from solar-konzept International GmbH.
Hydrogen Project
Linde Starts up ‘World’s First’ Plant for Extracting Hydrogen from Natural Gas Pipelines
Linde Engineering is showcasing how hydrogen can be separated from natural gas streams at a first of its kind full-scale pilot plant in Dormagen, Germany.
Crude Oil
Iraq-Turkey Pipeline Resumes Oil Flows After Explosion
The 450,000-barrels-per-day Kirkuk-Ceyhan pipeline that carries crude from northern Iraq to Turkey’s Ceyhan port for export resumed oil flows on Wednesday afte…
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