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Wave Energy

Mocean Energy Secures Funds to Advance Blue Star Wave Technology

Scottish wave power firm Mocean Energy has secured $978,711in equity funding from private and public funders to accelerate the commercial roll-out of its wave e…

Oil Price

Fueling Inflation: Petrol, Diesel Prices Set to Rise as Crude to Range Around $95-125

Hostilities between Russia and Ukraine, along with sustained demand, is expected to keep global crude oil prices in the range of $95-to-$125 per barrel in the s…

Israel

Israel Electric, UAE's Energroup to Partner on Hydrogen Generation

State-owned Israel Electric Corp (IEC) (ISECO.UL) and UAE-based sustainable investment firm Energroup signed a preliminary deal to develop blue and green hydrog…

Oil&Gas Drilling

America is Finally Cleaning up its Abandoned, Leaking Oil Wells

Washington is making a concerted effort to plug these wells through a $4.7 billion fund, passed as part of an expansive overhaul of the nation's infrastructure.

Crude Oil

Elon Musk: “We Need to Increase Oil & Gas Output Immediately”

Elon Musk, CEO of Tesla, has shared some thoughts on Twitter about the current situation with oil and gas and Russia.

Nuclear Reactor

Major components in place at Akkuyu 1

Installation has been completed of the main equipment within the reactor building of unit 1 of the Akkuyu nuclear power plant in Turkey. The Russian-supplied VV…

Rooftop PV System

U.S. Coal Company Plans 3.3 GW of PV, Along with Storage Facilities

US coal company Peabody Energy Inc., Riverstone Credit Partners and Summit Partners Credit Advisors launched the joint venture R3 Renewables LLC.

Oil Price

U.S. Gasoline Prices Soar to Highest Since 2008 on Russia Conflict

U.S. gasoline prices at the pump jumped 11% over the past week to the highest since late July 2008 as global sanctions cripple Russia’s ability to export crude…

Geothermal Power Plant

NREL Appoints Amanda Kolka to Lead Geothermal Energy Program

The U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) has named Amanda Kolker as the laboratory program manager for geothermal e…

Solar Power Plant

China Aims to Build 450 GW of Solar, Wind Power on Gobi Desert

China plans to build 450 gigawatts (GW) of solar and wind power generation capacity on the Gobi and other desert regions, the chief of the state planner said on…

Belgium

H3 Dynamics Launches Drone Stations to Monitor Solar Farms

H3 Dynamics is announcing a new Robots-as-a-service solution for autonomous solar farm monitoring in partnership with Sitemark, a specialist AI-analytics compan…

LNG

Ukraine Will Import Gas From Poland From March 6

Ukraine from March 6 will be able to import gas from Poland, including gas from Polish LNG terminals, Ukrainian state-run gas transit system operator said on Sa…

Crude Oil

Treasury Department Assures Wall Street It Can Still Trade Russian Oil and Gas

The U.S. Treasury Department clarified Friday afternoon that Wall Street’s traders and banks can continue to buy and sell Russian oil and gas.

Natural Gas

Ukraine Is Stopping Exports, but Not Transit of Natural Gas

Ukraine has stopped exporting natural gas since midnight, the Ukrainian news agency Ukrinform reported, citing a statement from the Ukrainian gas operator.

Energy Storage Technology

Fortescue Accelerates Plans for Gravity-Charged Electric Powertrain

Australia-based mining giant Fortescue has started the development of an electric train that recharges itself using gravity, after settling its recent purchase …