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Offshore Wind Power

Morocco’s Natural Resources Offer it Great Potential to Emerge as a Global Leader in Wind Energy

Morocco’s thriving offshore wind energy market has put the North African kingdom on the list of countries with the potential to emerge quickly as global leader…

Net Zero Emission

IHA Launches Global Campaign for Hydropower Investment

​The International Hydropower Association (IHA) launched a global campaign calling for urgent investment in hydropower to address climate change, accelerate ne…

Tidal Energy

Investment in Tidal Energy Is Growing

Following the pandemic, interest and investment in tidal and wave energy projects went above and beyond pre-pandemic levels.

Electric Car

Porsche Sets Goal for 80% of Sales to Be Electric by 2030

Porsche has updated its electrification goal today with the release of its financial results. The German automaker now sets a goal for 80% of sales to be all-el…

Joe Biden

EU to Mull Russian Oil Embargo with Biden Set to Join Talks

EU governments will consider whether to impose an oil embargo on Russia over its invasion of Ukraine as they gather this week with Joe Biden for a series of sum…

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…

Hydrogen Production

New Partnership to Pave Way for Next-Generation, Cost-Competitive Green Hydrogen Production

The efficiency of electrolysers will be explored in order to generate cost-competitive green hydrogen with the creation of a Partnership Research Chair at the U…

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…

Natural Gas

Shell Cleared to Restart Prelude FLNG

Shell has been given the green light to resume operations at its Prelude floating liquefied natural gas (FLNG) facility offshore Western Australia after an inci…

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.

Crude Oil

India Buys Russian Oil Despite Pressure for Sanctions

The state-run Indian Oil Corp. bought 3 million barrels of crude oil from Russia earlier this week to secure its energy needs, resisting Western pressure to avo…

Oil Price

Oil Jumps as Russia-Ukraine Talks Stall

Oil prices extended their rally on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the …

Crude Oil

Oil Futures: Price Rebound Continues on Prolonged War Fears, Brent up 2%

Crude oil futures in Asian trading hours Friday continued the upwards trend amid growing concerns over a prolonged war in Ukraine and renewed fears over the thr…

Wind Power Project

Germany Has Turned the Corner on Onshore Wind Energy

The German Energy Regulator (Bundesnetzagentur) has announced the results of Germany’s latest onshore wind auction. After almost two years of undersubscribed a…

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…