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Ons
Oil Price
Oil Giant Aramco Reports Record First Quarter as Oil Prices Soar
Oil giant Aramco reported a more-than 80% jump in net profit Sunday, topping analyst expectations and setting a new quarterly earnings record since its IPO.
Electric Car
New Zealand Targets EVs, Industry with New $2.8 Billion Climate Response Fund
The New Zealand government said on Monday it would set up a NZ$4.5 billion ($2.83 billion) climate response fund, spending at least NZ$2.9 billion on cutting po…
Solar Power Panel
Chinese PV Industry Brief: JA Solar Major Winner in Solar Panel Tender with 3.1 GW in Bids
Meanwhile, Trina Solar has established a new branch for upstream operations and Longi has a officially changed its company name.
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”.
Nuclear Power Plant
Contracts Awarded for new Haiyang and Sanmen Units
China National Nuclear Corporation (CNNC) has signed contracts for the civil construction of the nuclear islands and installation engineering for the planned se…
Energy Storage Battery
‘Germany Does Not Think it Needs Flow Batteries’
Buyers of energy storage solutions (ESS) in Germany do not yet see a need for flow batteries for medium duration storage, an ESS provider tells Energy-Storage…
Solar Cell
Solar PV to Lead over 8% Addtional RE Capacity in 2022: IEA
Global renewable energy installations are expected to reach around 300GW.
Net Zero Emission
Current Carbon Developments Would Lock in Unsustainable Future
An investigation has found that the pace of fossil fuel developments still exceeds necessary decarbonisation.
Crude Oil
Shell Agrees to Sell its Russian Petrol Stations
LUKOIL will buy Shell’s Russian retail and lubricants businesses
Oil & Gas Supply
Europe Eyes Gas-Rich African Nations for New Supplies, Rystad Says
Africa is conservatively forecast to reach peak gas production at 470 billion cubic meters (Bcm) by the late 2030s, equivalent to about 75 per cent of the expec…
Hydrogen Fuel Cell
‘The Most Dumb Thing’: Elon Musk Dismisses Hydrogen as Tool for Energy Storage
Tesla CEO Elon Musk calls hydrogen “the most dumb thing I could possibly imagine for energy storage.”
Geothermal Power Plant
2022 European Geothermal Innovation Award Winner to be Announced
The final winner of the Ruggero Bertani award for innovative contributions to the field of geothermal energy will be announced in June 2022.
Clean Energy Transition
World Bank Spells out How Pakistan Can Hit 13 GW of Clean Power
The World Bank has advised the Pakistani government to make an immediate start on solar and wind auctions based on big, dual technology clean power parks, plus …
Geothermal Power Plant
US DOE Aims to Provide $13 Million for Community Geothermal Projects
Heating and cooling represent significant energy needs for American homes and businesses, and contribute to greenhouse gas emissions through the direct use of f…
Energy Security
Russia Slaps Sanctions on Western Energy Firms
Moscow has imposed sanctions on more than 30 EU, US and Singaporean energy companies in a retaliatory move following western penalties imposed on Russian.
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