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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…
Natural Gas
Saudi Arabia Discovers Natural Gas in Different Locations
Saudi Aramco, the world’s largest oil-exporting company, has discovered a number of new natural gas fields in different regions of the country, according to th…
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…
OPEC+ Trims Forecast for 2022 Oil Market Surplus in Latest Data
OPEC+ revised down its forecast for the 2022 oil market surplus by about 200,000 barrels per day (bpd) to 1.1 million bpd, according to a base scenario in a tec…
Energy Storage System
Battery Energy Storage Systems as Viable Transmission Assets
A new report from Guidehouse Insights explores the benefits of storage as a transmission asset (SATA) in power grid upgrades and provides an update on regulator…
Oil & Gas Trade
Sri Lanka Needs US$1,285mn for Three Months of Oil, US$500mn from India: Minister
Sri Lanka needs 1,285 million US dollar for oil imports in the next three months, of which 500 million will come from an Indian credit line, Energy Minister Uda…
Hydrogen Transport
Mitsubishi to Build Hydrogen Power Demonstration Facility in Japan
Japanese engineering giant targeting the commercialisation of hydrogen gas turbines by 2025, while it will also use the facility to explore other technologies s…
Nord Stream 2
Russia-Ukraine Crisis: Germany Suspends Nord Stream 2
German Chancellor Olaf Scholz has suspended the certification of Nord Stream 2, the gas pipeline for importing gas from Russia, already built and waiting for ap…
Hydrogen Production
A ‘Gigawatt-Scale’ Green Hydrogen Vision for the Texas Gulf Coast
A leading clean energy developer said it will explore developing a green hydrogen hub along the Texas Gulf Coast to support the decarbonization of heavy industr…
Electric Car
Tesla Said To Plan Second Factory In Shanghai To Meet Rising Demand
Tesla reportedly plans to build a second factory in Shanghai as it seeks to more than double production capacity in China.
Wind Power Project
Europe’s Wind Sector not Growing Fast Enough to Meet Climate Targets – Report
Europe is not building enough new wind energy to reach its energy and climate targets
Oil Price
Russia-Ukraine Crisis Highlights Need for 'Energy Independence' in PH
The conflict between Ukraine and Russia, which has a direct impact on global oil prices, highlighted the importance of developing more energy sources in the cou…
Oil Price
Prolonged Ukraine Crisis, High Crude Prices may Push India's Import Bill up by 15 Per Cent: Experts
The surge in Brent oil to USD 105 a barrel for the first time since 2014 driven by the escalation of the Ukraine crisis has triggered fears of a disruption to t…
Pumped Storage
Bilfinger to Support Construction of Limberg III Pumped Storage in Austria
Bilfinger has received an order to support Austria’s VERBUND Hydro Power GmbH with the construction of the 480 MW Limberg III pumped storage power plant in Kap…
Nuclear Power Plant
Chernobyl Nuclear Power Plant Under Russian Control
According to recent reports, the Russian military has taken control of areas in the south of the country and the former Chernobyl nuclear power plant. Russian p…
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