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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…

Solar Company

Solar Supported EV Charging Firm EOS Linx in Tie-up with Retailers Cooperative in US

EOS Linx, a provider of solar-supported electric vehicle (EV) chargers with data-driven digital advertising displays, has announced a partnership with convenien…

Coal Mine

Vietnam Government Says Power Plants Facing Coal Shortages

Coal-fired power plants in Vietnam are facing a shortage of coal supplies after COVID-19 infections disrupted the operations of local miners and due to the hig…

Energy Investment

Egypt's Petroleum Minister, Siemens Discuss Investment Opportunities in Oil, Gas Industry

Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla discussed on Thursday with CEO of Siemens Middle East Dietmar Siersdorfor investment opportu…

LNG

Soaring LNG Demand Creates Traffic Jam at Gulf of Mexico Ports

Gulf Coast liquefaction facilities are operating near capacity thanks to strong demand.

Coal Mine

GRI Launches New Standard to Manage the Impacts of Coal

The Global Reporting Initiative (GRI) has launched a new standard to address sustainability challenges facing coal companies.