Ses

Offshore Wind Power

Tata Steel to be Used in World’s Largest Offshore Wind Farm

The wind farm is being developed in three 1.2 GW phases: Dogger Bank A, B, and C.

Net Zero Emission

New Oil And Gas Projects In UK Need To Pass Net-Zero Test

The checkpoint will apply to any future oil and gas licenses to ensure they are aligned with the UK’s climate change commitments and net-zero by 2050 target, t…

Nuclear Power Plant

Russia Permanently Closes Down Kursk 1

After 45 years of operation, unit 1 at Russia’s Kursk nuclear power plant was permanently shut down on 19 December.

Geothermal Power Plant

Consortium Formed to Develop Geothermal Energy Projects

A CONSORTIUM of businesses and academics has been formed in the north to explore and develop deep geothermal energy projects.

Crude Oil

Libya Considers Bonuses for Oil Companies to Boost Crude Output

Libya may introduce contracts with private oil companies that would give bonuses to those that meet targets and penalize those that don’t, as the OPEC member t…

Energy Investment

Australian Resource Investment Rises in 2021

Investment in committed resource and energy projects in Australia rose in the 12 months to the end of October from a year earlier, led by increased investment i…

Nuclear Technology

China Releases Results of First Batch of Experiments from World’s Most Powerful Deep Underground Accelerator

The measurement sensitivity and statistical accuracy of the first four nuclear astrophysics experimental results published are higher than other devices of the …

Video: This Canadian Fusion Reactor Could be Built by 2025

​General Fusion is a Canadian company developing a reactor that uses steam pistons to achieve fusion!

Crude Oil

Global Oil Supply Set to Outpace Demand Amid Higher Production, IEA Says

The surge in new Covid cases is expected to 'temporarily slow' but not upend the recovery in demand

Oil Price

Iran Bases Its 2022 Budget on $60 oil

The budget bill for Iran’s next calendar year is based on an oil price of $60 a barrel, up from $40 this year.

Wind Power Project

German Gearbox Crew Passes 200GW Milestone

Flender says its Winergy product brand has around a 30% market share of installed wind energy hardware

OPEC

Opec Revises Higher Call on Its Own Crude in 2021-22

Opec has revised higher the 2021 and 2022 forecast call on its own members crude as it increased oil demand expectations for both years, saying it expects the C…

Oil & Gas Supply

Oman Bases 2022 Budget on Oil Price of $50/b, up from $45/b in 2021

2022 oil output forecast at 1.055 mil b/d vs 960,000 b/d in 2021

Oil Refinery

CVR Energy Selects Honeywell Technology for Coffeyville Refinery

Honeywell today announced that a CVR Energy Inc. subsidiary has selected Honeywell UOP Ecofining technology to study conversion of seed oils, tallow and white/y…

United States

BP Acquires EV Fleet Charging Provider AMPLY Power in US

BP said on December 7 the UK company took its first major step into electrification in the US with the acquisition of AMPLY Power, an electric vehicle (EV) char…