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Finland
Finnish Geothermal Heat Player QHeat Secures EUR 3.3m Loan for Drilling Rig
Finnish Climate Fund has granted EUR 3.3m loan to Finnish geothermal heat exchange player QHeat to acquire more efficient drilling rig to target medium-deep geo…
Nuclear Power Plant
Philippines Relaunches Nuclear Energy Programme
President Rodrigo Duterte has signed an executive order that outlines the government's position for the inclusion of nuclear energy in the Philippines' energy m…
Nuclear Power Plant
Philippines Approves Revival of Nuclear Power to Help Replace Coal
Philippine President Rodrigo Duterte has signed an executive order to include nuclear power in the country’s energy mix, as authorities prepare for the phasing…
Oil Price
U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'
The United States is open to imposing sanctions on Russia's oil and gas flows but going after its exports now could help Moscow, the White House said on Wednesd…
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…
Australia
Origin Unveils Plan for Green Hydrogen Hub on Australia's East Coast
Australia’s Origin Energy has unveiled plans for a potential hydrogen hub in one of Australia’s key coal regions.
Coal Mine
Coal Shortage a Worry as Power Demand Rises
Rising power demand has triggered coal shortage concerns in the power industry that say coal stocks at stations are not adding up at the required rate.
Offshore Wind Power
U.S. Offshore Wind Auction Draws Record $4.37 Bln in Bids
The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from deve…
Oil Price
Prolonged Ukraine Crisis, High Crude Prices may Push India's Import Bill up by 15 Per Cent: Experts
The surge in Brent oil to USD 105 a barrel for the first time since 2014 driven by the escalation of the Ukraine crisis has triggered fears of a disruption to t…
Oil Price
Asia Shares Skid, Oil Surges as Ukraine Tensions Smoulder
Asian share markets slid and oil surged on Monday amid warnings Russia was set to invade Ukraine, risking sanctions that could trigger a further spike in energy…
Natural Gas
Power Shortage Looming for Germany?
Experts have predicted right from the start of the COVID pandemic that the pandemic-related drop in electricity demand in 2020 would not be long-lasting.
Oil Price
Asia's Energy Markets Watching for Russia-Ukraine Fallout
Asia is expected to face higher oil, gas and coal prices if Russia invades Ukraine and triggers sanctions and reprisals from the West, analysts say.
Nuclear Reactor
Nuclear Power’s Future Is Looking Brighter
Between 2009 and 2019, global consumption of renewable energy grew at an annual average of 13.4%. Over that time, renewable energy consumption grew from 8.2 exa…
Floating Offshore Wind
Magnora, Hiraeth Energy to Co-Develop 700 MW of Floating Wind
The move would involve bidding in a leasing process which could see rights awarded in 2023
Offshore Wind Power
Asian Duo to Develop 1.2-GW Wind Project off the Philippines
The Blue Circle, a Singaporean developer and operator of renewable power plants, and Philippine-based CleanTech Global Renewables Inc have secured the right to …
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