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Energy Transition
High Fuel Prices Could Erode Public Support for Energy Transition, Chevron CEO Says
Europe's plan to double down on renewable fuels in response to rising fuel costs could have the unintended short-term effect of increasing prices and slow down …
OPEC
OPEC+ Output Increase Wins It Credit but a Realignment Awaits Beyond August
Modest nature of tweak indicative of mounting challenges for Saudi Arabia and Russia led group including limited ability to raise production
Crude Oil
Oman’s New Oil Discoveries to Increase Output by up to 100,000 Barrels
Production is expected to rise over the next two to three years
Energy Storage Battery
New Concept Could Turn Tall Buildings Into Batteries to Improve the Power Quality
There is an increasing need for energy storage technologies to guarantee that electricity supply and demand are balanced correctly. This comes with the rapid de…
ITER
Hydrogen Breakthrough Unlocks New Potential for Fusion Energy
A revision of a fundamental law for tokamak fusion energy has doubled the fuel potential, thereby increasing the output energy potential.
Solar Power Plant
China to Boost Wind, Solar Power Capacity for Cleaner Energy Mix
China has rolled out a raft of measures to significantly increase its installed wind and solar power capacity in the latest step toward a low-carbon, secure and…
Uranium Project
US Brokers and Traders Increase Uranium Inventories
The "vast majority" of uranium delivered in the USA in 2021 was of foreign origin, according to the US Energy Information Administration (EIA).
Net Zero Emission
UAE Records Largest Increase in Renewable Energy Capacity Globally in the Past Decade
Capacity in the Emirates surged to 2,540 megawatts in 2020 from 13MW in 2011
Wind Turbine
Wind Turbine Suppliers See Record Year for Deliveries Despite Supply Chain and Market Pressures
30 wind turbine manufacturers installed 104.7 GW of new wind power capacity in 2021 despite continuing disruptions caused by the COVID-19 pandemic and increasin…
Nuclear Power Plant
EDF Revises up Cost of Nuclear Power Plant Outages
The French nuclear power operator EDF says that the programme of inspections and repairs related to the stress corrosion issue means it has increased the hit it…
Nuclear Power Plant
Construction of Xudapu 4 Under Way
Construction of unit 4 at the Xudapu nuclear power plant in China's Liaoning province has officially got under way with the pouring of first concrete for the re…
Oil Price
Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN
Jadwa Investment estimates Riyadh's expenditure to increase by 5% this year.
Wind Farm
Shell and Inaccess to Deploy Unity Platform in a Unique 100 MW Hybrid PV+Wind Project in the Netherlands
As renewable energy penetration increases, many grid operators and consequently developers are facing challenges due to reduced grid capacity.
Offshore Wind Power
Four EU Countries to Increase Offshore Wind Power Capacity Tenfold
Germany, Belgium, the Netherlands and Denmark will on Wednesday announce a joint pledge to build at least 150 gigawatts of offshore wind in the North Sea by 205…
Nuclear Power Plant
New Nuclear Power Stations May Increase Energy Bills, Says Business Secretary
Kwasi Kwarteng however, has said in the “medium-term” new nuclear would give the UK “cheaper power”.
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