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United Arab Emirates
Masdar’s Clean Energy Capacity Jumped 40% in 2021 with Renewables Portfolio Expansion
Masdar reported a 40 per cent jump in its clean energy capacity in 2021 as the Abu Dhabi-based company continues to expand its renewables portfolio globally ami…
Crude Oil
Oil Advances as EU Debates Possible Ban on Russian Crude Imports
Oil climbed for a fourth day, heading for the best run in a month, on signs the European Union may be edging closer to a ban on Russian crude imports to punish …
LNG
France Says Ban On Russian Energy Can’t Be Ruled Out
France sees a potential ban on imports of Russian energy into the EU as an option, its Economy and Finance Minister Bruno Le Maire said over the weekend, adding…
Electrification
Renewable Energy Credits to Fund Electrification of South Sudan Hospital
South Sudan’s first Peace Renewable Energy Credit (P-REC) agreement will support the solar electrification of the Malakal Teaching Hospital, the only referral …
Oil Price
India's Energy Dilemma: Is Cheap Russian Oil Worth Tensions with West?
India, Asia’s third-largest economy, faces a dilemma. It hopes to increase imports of Russian oil, currently an abundant source in a tight market, but the move…
Wind Power Project
Netherlands Doubles Wind Energy Targets for 2030
The Dutch government on Friday doubled its forecasts for offshore wind power generation in the country by 2030 as the Netherlands seeks to curb its reliance on …
Oil & Gas Supply
IEA Unveils 10-Point Plan to Cut Oil Supply Crunch
The new report also includes recommendations for decisions to be taken now by governments and citizens to transition from the short-term emergency actions inclu…
Oil Price
Oil Climbs on Pressure From Ukraine Conflict, Tight Market
Oil prices jumped $2 on Monday as Ukrainian forces dug in against heavy Russian attacks, while major oil producers reported they are struggling to produce their…
IEA: Increasing Renewables in Moldova’s Energy Mix Is Key
The International Energy Agency (IEA) has released a report and roadmap for Moldova to guide their system integration of renewables.
SINOPEC
Aramco in Discussions with Sinopec on Downstream Ventures
Saudi Aramco is looking at a number of opportunities with China's state-backed Sinopec and is still in discussions with India's Reliance on a possible joint ven…
Oil Price
Saudi Aramco’s Full-Year Profit More than Doubles on Soaring Oil Prices
Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion.
Australia
Australia Bans Alumina Exports to Russia, Sources Coal for Ukraine
Australia has imposed an immediate ban on exports of alumina and aluminum ores, including bauxite, to Russia.
SMR
Canadian government invests in third SMR technology
The Canadian government is to invest CAD27.2 million (USD21.6 million) in Westinghouse Electric Canada Inc to support its next-generation eVinci microreactor.
Crude Oil
National Daily Oil Output Totals 684,100 Barrels
Azerbaijan's daily oil production, including condensate, amounted to 684,100 barrels in February 2022, the Energy Ministry has reported.
Nuclear Power Plant
Can Nuclear Generation Reduce European Reliance on Russian Gas?
Following Russia's invasion of Ukraine, the International Energy Agency and the European Commission have come up with plans to rapidly reduce the European Union…
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