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Nuclear Power Plant

Britain Could Build Seven Nuclear Power Stations

Britain could build up to seven new nuclear power stations as part of a radical expansion of homegrown energy following Russia’s invasion of Ukraine.

Nord Stream 2

Nord Stream 2 Cost $11 Billion to Build. Now, the Russia-Europe Gas Pipeline Is Unused and Abandoned

One of the early casualties of Russia’s invasion of Ukraine has been the Nord Stream 2 gas pipeline, a massive energy project that took several years to build …

Australia

Bids Called for Exploration Blocks in Western Australia

The state government in Western Australia has invited bids for one offshore exploration block and seven onshore permits in the Carnarvon and Amadeus basins.

Crude Oil

PSU Refiners Stock up on Cheap Russian Crude

India's state-run refiners are buying several million barrels of the Russian crude that's selling at a deep discount due to Western sanctions.

Solar Power Plant

Neoen Wins Seven Solar Projects in France

Neoen has announced that it has been awarded 92.5 MWp in the latest call for tenders for ground-based solar farms held by the French government (PPE2).

Wind Turbine

Vestas Secures EnVentus Order in Portugal

Vestas has received a 42 MW order for several wind parks in Portugal.

Electric Car

Ford Plans Seven Electric Models in Europe by 2024

Ford has created a new global business unit – Ford Model e – focused on the design, production, and distribution of electric and connected vehiclesAutomotive …

Tidal Energy

Britain Revisits Huge Tidal Energy Plan as Ukraine Crisis Continues

An independent commission in the U.K. is to revisit the possibility of using the Severn Estuary, a large body of water between England and Wales, to harness tid…

Oil Price

Oil Futures: Brent Rebounds amid OPEC+ Output Uncertainty, Above $ 115/b

Crude oil futures in early European trading hours Thursday were trending higher as markets stabilized after the previous session's huge price retreat, which cam…

Nuclear Power Plant

IAEA Concern over Situation at Chernobyl

IAEA says that reported power loss at Chernobyl violates one of its seven key 'safety pillars' but "in this case sees no critical impact on safety"

Oil Exploration

Opportunities Still Exist in Kenya’s Oil, Gas Sector

Last week Kenya announced for sale 35 oil and gas exploration blocks mostly in the natural gas prone coastal Lamu Basin. This is an indication of revived upstre…

Oil Shale

OPEC Meet with U.S. Shale Executives at U.S. Energy Conference as Oil Prices Skyrocket

Officials from the Organization of the Petroleum Exporting Countries on Monday met with executives of several top U.S. shale oil companies at a top U.S. energy …

Natural Gas

New Pipelines Carrying Natural Gas Plant Liquids Increase Natural Gas Processing

Several of these recent infrastructure projects were dedicated to transporting a mix of natural gas plant liquids (NGPLs), which are produced at natural gas pro…

Crude Oil

Oil Demand to Take a Severe Hit if Russia’s War in Ukraine is Prolonged

War in Ukraine could result in as much as 1 million barrels per day (bpd) of oil demand being removed from the global market, research by Norway’s energy intel…

Crude Oil

Oil Markets Hit Multiple Records as Russia Sanctions Bite, Disrupt Trade Flows

Oil benchmarks are hitting multiple price and spread milestones across several key markets as the fallout from severe sanctions on key exporter Russia sows conf…