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Oil Price
Saudi Arabia Hikes Oil Prices Despite Omicron Fears
Arab Light will next month sell for $0.60 more per barrel than it does this month for buyers in Asia
Oil Field
Shell Pulls Out of Cambo Oilfield
SHELL has pulled out of the Cambo oilfield project, saying that the economic case for investment isn’t strong enough.
Crude Oil
Opec+ Agrees to Continue January Oil Output Increase Amid Omicron Uncertainties
The producers' group, led by Saudi Arabia and Russia, will bring 400,000 barrels per day to the market next month as planned
Coal Mine
Adani Pushes to First Australian Thermal Coal Shipment
Indian developer Adani remains on track to ship its first coal this month from its 10mn t/yr Carmichael thermal coal mine in the Galilee basin in central Queens…
Solar Power Plant
Dutch Start Trials of Flexible Floating Solar Panels which Move with the Waves
A consortium led by Dutch research institute TNO has launched a new project to study floating flexible solar energy systems as part a project to create economic…
Electric Car
German Car Exports Fall in 3Q, EVs Buck Trend
German car exports fell in the third quarter because of semiconductor shortages and supply chain bottlenecks, but electric vehicle exports grew.
Microgrid
Renewable Energy Microgrid to Power Japan’s Okinoerabu Island
The microgrid will use Kyocera’s energy management system, storage batteries, solar, and wind to maintain power even during emergencies or natural disasters, a…
Nuclear Reactor
The Foundation Concreting of the BREST-OD-300 Reactor is Completed
Another milestone achieved in construction of the innovative BREST-OD-300 fast neutron reactor at the site of the Siberian Chemical Combine, a subsidiary of Ros…
Nuclear Policy
UN Nuclear Agency Fails To Reach An Agreement With Iran
The head of the United Nations' atomic agency says talks he held in Tehran this week over Iran's nuclear program proved inconclusive.
Nuclear Technology
Iran, IAEA Agree to Continue Negotiations, Cooperation
Iran and the International Atomic Energy Agency on Tuesday announced that they have agreed to continue their negotiations and cooperation in the areas of common…
Energy Technology
China: New Sinopec Downstream Technology Process Developed
China's Sinopec has developed a steam-cracking technology to convert oil directly into high-demand petrochemical products such as ethylene and propylene, cuttin…
Energy Saving
Energy Efficiency Improvements are Too Slow to Reach Net Zero
Global energy efficiency improvements are returning to pre-pandemic levels;
Cooperation case
BRI Boosts Economic Exchanges Between China, ASEAN
Counting their harvest from the Singles' Day online shopping festival, Thai livestreamer Namfon Lapjulpon and her Chinese husband could not help humming songs.
Crude Oil
Colombia Desperately Needs To Ramp Up Its Oil Production
The COVID-19 pandemic has taken a particularly harsh toll on Colombia’s economically-dependent oil and gas industry.
CCS
Repsol Joins Forces with Cox Oil Subsidiary to Promote CCUS Projects in the US
Repsol has allied with Carbon-Zero, subsidiary of the company Cox Oil, to study the development of CCUS on the coast of the Gulf of Mexico in the United States,…
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