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Rice
Geothermal Power Plant
Danish Parliament adopts new rules to support geothermal
The Danish Parliament has set new rules for the price regulation of geothermal energy, paving the way for large-scale geothermal heating projects.
Energy Storage Battery
NIO Builds Battery Factory, Catl Reacts, Lithium Prices Implode
Last week, CATL, the world’s largest battery maker, did something totally unexpected. It offered several customers an opportunity to lock in battery suppl…
Oil & Gas Trade
Oil Stays Firm on China Growth Hopes
Oil prices rose in Asian trade, supported by hopes a solid economic rebound in China will drive up fuel demand, offsetting worries about further US interest rat…
Hydrogen Project
Texas Could Become a Hydrogen Fuel Economy Leader, Says Rice U Report
Rice University’s Baker Institute for Public Policy indicates that clean energy could be the state’s future.The same energy and geology that has mad…
Oil & Gas Trade
Cornwall Insight Responds to the Announcement of the April Price Cap
Dr Craig Lowrey, Principal Consultant at Cornwall Insight said:Following the announcement by Ofgem that April’s Default Tariff Cap (price cap) will fall t…
Oil & Gas Trade
European Natural Gas Prices Could More Than Double in 2024, Goldman Sachs Says
The region's energy crisis will not find a 'sustainable solution' until 2025, says investment bank
Oil Price
Oil Edges up on Hope of China Demand Revival
Oil prices edged up, after Brent crude posted its biggest single-day loss in seven weeks the day before, as market players reassessed prospects for supply and d…
Hydrogen Fuel Cell
Dynacert Invests $17.5M in Cipher Neutron Under Collaborative R&D Deal
dynaCERT is investing $17.5m in Cipher Neutron as part of a wide-ranging collaborative R&D partnership to develop green hydrogen and AEM electrolyser technology…
Oil Price
Oil Steadies Amid Concerns of Further Interest Rate Raises
Russia could extend output cuts depending on market situation, Deputy Prime Minister says
Oil&Gas Drilling
Valaris Awarded 330-Day Contract Extention by Shell Nigeria for Valaris Ds-10
Valaris has been awarded a 330-day priced option exercised by Shell Nigeria Exploration and Production Company (SNEPCo) offshore Nigeria for drillship VALARIS D…
Market Analysis
Cornwall Insight Release Final Forecast for the April Price Cap
Cornwall Insight has released the final prediction for the April Default Tariff Cap (price cap) following the closure of the observation window1, on 17 February…
Oil & Gas Trade
UK Energy Company Centrica Triples Profit
British Gas owner records earnings of £3.3bn for 2022 on the back of Russian invasion of Ukraine
Market Analysis
Millions of Households Could Switch Their Energy Supplier in Second Half of 2023
The number of households switching their energy supplier could skyrocket from July 2023, as falling energy wholesale prices coupled with reduced government supp…
Crude Oil
Biden Administration Plans to Sell 26 Million Barrels of Crude
The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, fulfilling budget directives mandated years ago that it had sought t…
Solar Power Plant
European Electricity Markets Prices Rise Due to the Growing Demand and the Fall in Wind Power and Solar Energy
In the second week of February, prices of almost all European electricity markets increased compared to the previous week, influenced by the increase in demand …
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