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Energy Investment
Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments
President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.
CCS
ExxonMobil Eyes Building CCS Hubs in Southeast Asia
ExxonMobil is looking to build carbon dioxide capture hubs in some of southeast Asia's heavy industrial areas such as Singapore and connecting them to storage s…
Solar Power Plant
Green Genius Secures Solar PV Funding
Green Genius has signed a €20 million financing with Eiffel Investment Group’s funds.
Oil Refinery
Petrofac Secures Lithuanian Refinery EPC Project
Petrofac announces it has been awarded an Engineering, Procurement and Construction contract, valued at around EUR550 million, from PC ORLEN Lietuva to support …
Compressed Air Energy Storage
Compressed-Air Storage for Commercial Applications
Israel-based Augwind has built its first 250 kW/1 MWh compressed air storage system for the collective community of Yahel, in the southern, desert part of the c…
Nuclear Reactor
Nuclear Research have Agreed on Scientific, Technical and Innovative Cooperation Based on MBIR Reactor
Leader of IRC MBIR Consortium, LLC and Joint Institute for Nuclear Research signed an agreement on cooperation in the field of fundamental scientific.
Oil Price
Oil Prices Set for First Weekly Drop Since August As Supply Concerns Ease
U.S. West Texas Intermediate crude futures fell 4 cents to $82.77 a barrel by 0151 GMT.
Biobattery
San Joaquin Renewables Secures $165 million to Build RNG Project
San Joaquin Renewables announced Oct. 27 that it reached an agreement with Cresta Fund Management and Silverpeak Energy Partners to invest up to $165 million to…
Nuclear Equipment
Terrestrial Energy Awards BWXT Contracts for IMSR Steam Generators
Ontario-based Terrestrial Energy on 26 October awarded BWXT Canada Ltd engineering design contracts for steam generators and heat exchangers for use in the Inte…
Oil Field
Shell Top Brass Remain Resolute in Support of Cambo Oilfield Development
Shell executives stressed the role of projects like Cambo in the UK energy mix, as the project partners await a decision on the controversial project.
Nuclear Policy
Iran Says Nuclear Talks will Resume Before End of November
Iran said it had agreed with the European Union to restart big-power talks to revive the 2015 nuclear deal before the end of November and a precise date for the…
Nuclear Policy
Nine EU Partners Reject French-led Electricity Reforms
Nine EU states, including Germany, on Monday rejected a French-led bid to reform Europe's wholesale energy markets as prices soar.
Coal Production
Energy Crisis Sends Western Balkans Back to Coal
Both Serbia and North Macedonia are raising coal power generation in response to the energy crisis that has seen electricity prices soar.
Coal-Fired Power Plants
Construction on Vietnam's Vung Ang 2 Coal Plant to Begin in December
Vietnam will begin construction on the controversial Vung Ang 2 coal-fired power plant this December, a company spokesman and local media said on Tuesday, as th…
Coal Production
India Mulls Strategic Reserves for Coal, Gas Imports
India may consider creating strategic reserves for imported thermal coal and natural gas to tide over "supply shocks", as it looks to raise coal dispatches to u…
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