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Energy Transition
Singapore Zooms in on Renewable Energy Amidst Energy Insecurity
Senoko said increasing prices and gas supply disruptions increased focus on the clean energy transition.
Oil Price
China Oil Giant CNOOC Jumps 20% in First Mainland Trading
Cnooc Ltd. jumped 20% in its first day of trading in Shanghai as mainland investors jumped at the chance for exposure to soaring oil and gas prices.
Offshore Wind Power
Energy Prices to Remain Significantly Above Average up to 2030 and Beyond
Research from Cornwall Insight looking at Great Britain’s (GB) Power Market out to 2030 has shown energy prices will remain in excess of £100/MWh annually.
Hydrogen Project
Is Fossil Hydrogen on Its Death Bed?
The gas industry portrays fossil hydrogen as a climate friendly replacement for fossil fuels. But as Welsh crooner Mandy Rice-Davis might've said about gas lobb…
Smarten Launches 2.4 kW Hybrid PV Power Conditioning Unit for Offgrid Applications
Smarten has released the Superb 3050 hybrid solar power conditioning unit (PCU) for offgrid applications. The 2.4kW product is priced at INR 19,999 ($260).
Net Zero Emission
Helping EU Countries Reach Net Zero Requires a More Supportive ‘Demand’ Response
Helping EU countries lower energy prices and become carbon neutral by 2050 requires a more supportive ‘demand’ response, writes Simon Bushell, founder and CEO…
LNG
U.S. Natural Gas Prices Hit Highest Level in 14 Years
The benchmark U.S. natural gas price soared by more than 7% early on Monday.
Oil Price
Oil Prices Rise on Supply Concerns as Ukraine Crisis Deepens
Oil prices rose on Monday as concerns grew about tighter global supply, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the We…
Oil Price
OPEC Minimum Oil Production Increase During March
OPEC oil production increased by just 57,000 barrels per day (bpd) in March from February, as African members’ struggles to pump more crude partially offset in…
Nuclear Power Plant
Why Europe Could Be Heading for a "Nuclear Renaissance" with Energy Prices at Record Highs
The conflict between Russia and Ukraine has sent gas and power prices soaring. Alex Rankine explains why Europe could be heading for a "nuclear renaissance".
Gas and Power Prices Continue to Soar Due to Ukraine Conflict
Sky-high wholesale gas prices in Europe reached record levels in the first quarter this year as a result of the conflict between Ukraine and Russia, according t…
The Real: A Snapshot of the State of Renewable Energy in Africa
PricewaterhouseCoopers has released a report that gives insight into the current state of renewable energy in Africa.
Coal Price
India Faces Coal Shortage, Again
India faces another coal crunch as coal inventories at utilities are at the lowest for this time of the year in nearly a decade, while power demand is set to su…
LNG
Energy Spending to Hit Record High of over $2t in 2022: Report
Global energy spending in 2022 is expected to reach a record high of more than $2t, driven by the surging oil, gas and power prices, Rystad Energy projected.
CCS
World’s Biggest Carbon Capture Project: Shute Creek’s “Sell or Vent” Business Model Isn’t Working
Delving into the world’s largest carbon capture project, ExxonMobil’s Shute Creek CCUS facility, reveals a highly questionable technology.
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