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Nord Stream 2

ExxonMobil Joins Western Oil and Gas Company Exodus From Russia

US supermajor to start process of discontinuing operations at the Sakhalin-1 project in response to Russia's invasion of Ukraine.

Nord Stream 2

Shell Cuts Business Ties with Gazprom, Abandons Nord Stream 2

Shell has announced its intention to exit its joint ventures with Gazprom and related entities to cut its ties with Russia over the war with Ukraine.

Wind Turbine

Satellite Outage Knocks out Thousands of Enercon’s Wind Turbines

Remote control of 5,800 wind turbines knocked out. Enercon says disruption coincided with Russian invasion. Says working with providers to resolve problem.Germa…

First Solar Shares Sink After Revenue Miss, Disappointing Guidance

​Shares of First Solar dropped more than 16% during extended trading Tuesday after the company reported missing revenue expectations during the fourth quarter …

Oil Price

Oil Prices Surge More Than 7% to Highest Since 2014

Members of the International Energy Agency (IEA) agreed to release 60 million barrels of crude from their reserves to try to quell the sharp increase in prices …

World Utilities Congress

About World Utilities CongressHosted by TAQA and held under the patronage of HH. Sheikh Khalid Bin Mohammed Bin Zayed Al Nahyan, The World Utilities Congress wi…

Wave Energy

Eni Joins Technical Advisory Board of EU-backed Wave Energy Project

Italian energy giant Eni has joined the technical advisory board of the IMPACT project, a collaborative research and innovation scheme which aims to develop nex…

Energy Transition

UN Chief Calls for Speedy Transition to Renewable Energy

UN Secretary-General Antonio Guterres has called for a faster transition to renewable energy.

Nuclear Reactor

Brazil Looks at Nuclear Power as Demand for Electricity Grows

A government agency that supports research into Brazil’s energy sector has forecast a significant jump in demand for electricity within the country over the ne…

Natural Gas

World Bank: There Will Be Alternatives to Russian Gas in Five Years

World Bank President David Malpass: There will be alternatives to Russian natural gas supply in the five-year horizon.

Solar Technology

DHL Installing TRAILAR Solar Technology on 67 Trucks in US

DHL Express is installing solar panel units on trucks within its US pickup and delivery fleet, reducing fuel consumption in markets throughout the country.

Carbon Emissions

New Process Offers Promising Route to Decarbonizing Thermal Energy

Researchers are focusing on effective ways to store and transmit thermal energy.

Oil Price

Russia’s SWIFT Ban Could Send Shockwaves Through Oil and Commodity Markets

Russia’s decision to invade Ukraine was originally met with a relatively tepid response from world leaders, but now sanctions are intensifying key Russian bank…

Crude Oil

Rising Crude Oil Prices Great Opportunity for Nigeria

President Muhammadu Buhari says rising crude oil prices present a great opportunity for Nigeria, especially with the passage of the Petroleum Industry Act (PIA)…

Nuclear Power Plant

UN Watchdog Concerned over Ukraine Nuclear Power Plant

The UN atomic energy watchdog's chief on Monday expressed "grave concern" that invading Russian troops were operating close to the largest nuclear power station…