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Oil Refinery
U.S. Oil Refiners, Pipeline Companies Expect Strong Demand for Rest of 2022
U.S. oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even though analysts and industry watchers have wor…
United States
U.S. Power Use to Reach Record High in 2022 as Economy Grows, EIA Says
U.S. power consumption will rise to a record high in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy O…
Net Zero Emission
What Are the Key Accelerators of Industrial Decarbonization?
Decarbonizing heavy industry will require collaboration on an unprecedented scale between companies that have historically been in fierce competition with one a…
Crude Oil
EIA Lowers U.S. Oil Production Forecast
The Energy Information Administration has lowered its forecast for crude oil production for this year and next, according to a new report.
Oil Price
Goldman Sees Strong Case for Higher Oil Prices Despite Negative Shocks
Goldman Sachs said the case for higher oil prices was still strong with current supply shortfalls well above its expectations in recent months, despite a recent…
Australia
Energy Prices Across Australia to Remain High Until 2026
Research from Cornwall Insight Australia’s Benchmark Power Curve (BPC)1, which looks at power prices up until 2042, has forecast that all states in the Nationa…
Gas power plant
Equinor May Postpone Closure of Norwegian Gas-Fired Power Plant
Norway-based energy major Equinor could continue to operate its natural gas-fired Mongstad power plant to support the country’s electricity supply. The company…
Energy Investment
Investment in Renewables Hits Record $226BN Despite Supply Chain Woes
Global investment in renewable energy rose to $226 billion in the first half of 2022, setting a new record for the first six months of a year.
Nuclear Power Plant
Europe’s Largest Nuclear Power Station Is “Out of Control”, Says Un Nuclear Chief
IAEA’s Director-General said every principle of nuclear safety has been violated at the Zaporizhzhya Nuclear Power Plant.
Coal Trade
Russia Becomes India’s Third-Largest Coal Supplier in July, Coalmint Data Shows
Russia became India's third-largest coal supplier in July, with imports rising by over a fifth compared with June to a record 2.06 million tonnes, data from Ind…
United States
US Community Solar Sector Market Forecast to Grow 7 GWdc by 2027
Pending legislation for community solar programs in five states could add another 1.2 GWdc
Wind Farm
First Turbine Commissioned at RWE’s Kaskasi Wind Farm in the German North Sea
35 km north of the island of Heligoland, the first turbine of RWE’s Kaskasi offshore wind farm was recently commissioned, and is now supplying green electricit…
Oil Price
Saudi Arabia’s Economy Grows 12% In Q2 on High Oil Prices
Saudi Arabia recorded a GDP growth rate of 11.8 percent for the second quarter, driven by a 23.1-percent rise in oil income, according to preliminary data cited…
Wind Turbine
RWE Windfarm Is First to Be Fitted With Siemens Gamesa’s Recyclable Blades
The first wind turbine to be fitted with Siemens Gamesa’s RecyclableBlades is now producing power at RWE’s Kaskasi offshore wind power project in Germany. …
New Edge Computing Solutions Set to Revolutionise the Power Industry
The adoption of new edge computing solutions is forecasted to create much-needed disruption and growth opportunities in the energy industry, writes Andrew Foste…
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