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Oil Price
Oil Prices Surge More Than 7% to Highest Since 2014
Members of the International Energy Agency (IEA) agreed to release 60 million barrels of crude from their reserves to try to quell the sharp increase in prices …
Oil Price
Can African Oil Producers Take Advantage of Increasing Oil Prices?
Russia's invasion of Ukraine has pushed the price of oil to over $100 per barrel. But, it's also opened an opportunity for African oil producers like Nigeria, A…
India
Indian Non-Hydropower RE Manufacturers Should Gear up for Increase Domestic Demand
Non-hydropower renewables manufacturers in India, particularly solar, should prepare for an increase in domestic demand due the government’s green hydrogen pol…
Carbon Emissions
China Sees Biggest Growth in Energy and Coal Use Since 2011
China recorded its biggest increase in total energy consumption and coal use in a decade in 2021, as the economy recovered from COVID-19 slowdown a year earlier…
LNG
Germany Plans to Become Independent from Russian Oil
Spurred by its growing domestic demand for electricity parallel to its increasing population and rapid urbanization, imports of liquefied natural gas (LNG) by C…
Geothermal Power Plant
Why we are Entering the Golden Decade for Geothermal?
In a feature report on geothermal, Baker Hughes shares its views on why and how geothermal will certainly play an increased role in global energy in the next de…
China
China's Major Shale Gas Field Adds 19 New Wells
The Fuling shale gas field in southwest China's Chongqing Municipality has put 19 new wells into operation this year, increasing the daily gas output by 1.06 mi…
Solar Power Panel
LG Electronics to Exit Global Solar Panel Business
The firm cited the impact of increasing material and logistics costs, as well as severe supply constraints, on the solar business as the reason behind the depar…
Energy Transition
Australia's APA Confident of Gas in Energy Transition
Australian energy infrastructure firm APA remains confident in the role gas plays in the energy transition as a number of the country's coal-fired power plants …
Natural Gas
Israel to Increase Natural Gas Export to Egypt through Jordan Pipeline
Israel will begin exporting an additional 2.5 billion cubic meters of gas to Egypt this month via the Jordan pipeline.
Oil & Gas Trade
Iraq Starts Talks with Halliburton on Anbar Gas Project
Iraq has begun negotiations with the US oil major Halliburton to develop a crutch gas field in Anbar governorate, looking to increase its hydrocarbons output as…
Nuclear Power Plant
New Funding Mechanism Essential to Increasing Nuclear Capacity in the UK
A new funding mechanism for the nuclear sector, the Regulated Asset Base (RAB) model, has the potential to increase the UK’s nuclear capacity to 24GW over the …
Oil Price
Fuel Prices up for 8th Straight Week
Fuel prices will increase for eight consecutive weeks as oil firms will impose below PHP1-per liter hike starting Tuesday morning.
Rooftop PV System
Rooftop Solar Installation Price Rise Is Temporary, to Decline from 2023
GlobalData’s latest report reveals that the trend that saw rooftop solar prices decrease between 2013 and 2020 came about because of an increase in the supply …
CCS
Hurdles to a Successful Hydrogen Future in the US
Clean hydrogen production and use must increase by 50 fold by 2050, from 10 million tonnes per year to more than 500 million tonnes, if US decarbonization goals…
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