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Offshore Wind Power

Siemens Gamesa Installs World’s First Offshore Wind Turbine With Recyclable Blades

German energy giant RWE started to test a wind turbine with fully recyclable blades at its offshore project Kaskasi. It is the first deployment of the technolog…

Oil Refinery

U.S. Oil Refiners, Pipeline Companies Expect Strong Demand for Rest of 2022

U.S. oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even though analysts and industry watchers have wor…

Wind Turbine

Wind Turbine Maker Vestas Q2 Hit by Higher Costs

Wind turbine maker Vestas on Wednesday reported a bigger-than-expected second-quarter operating loss hit by higher costs.

Oil Price

Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising

Oil prices edged lower on Wednesday, after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.

United States

U.S. Power Use to Reach Record High in 2022 as Economy Grows, EIA Says

U.S. power consumption will rise to a record high in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy O…

LNG

UK’s Centrica Signs $8.5B Long-Term Deal to Import U.S. LNG

Centrica, the owner of British Gas, has signed a heads of agreement with U.S. firm Delfin Midstream to import LNG starting in 2026 from a planned floating LNG e…

Crude Oil

EIA Lowers U.S. Oil Production Forecast

The Energy Information Administration has lowered its forecast for crude oil production for this year and next, according to a new report.

CCS

Carbon Storage: The Future of Residential Homes

Wood has countless uses, and trees store carbon. Some of that carbon is still stored after trees are cut down for wood products like lumber: A wood product cont…

Electric Car

IoT-Enabled Electric Charging Pilot to Ramp up New York EV Infrastructure

Connected Kerb has been selected by the New York City Department of Transportation (NYC DOT) and Newlab for a flagship internet of things (IoT)-enabled electric…

Net Zero Emission

American Airlines Looks to H2 With Zeroavia Deal

Hydrogen-electric flight firm ZeroAvia has announced an investment deal with American Airlines that could see up to 100 ZeroAvia H2 engines ordered by American.

Carbon Emissions

California’s Forest Carbon Buffer Pool Found to be Severely Undercapitalized

Researchers have found that California's forest carbon buffer pool, designed to ensure the durability of the state's multi-billion-dollar carbon offset program,…

Oil Price

Goldman Sees Strong Case for Higher Oil Prices Despite Negative Shocks

Goldman Sachs said the case for higher oil prices was still strong with current supply shortfalls well above its expectations in recent months, despite a recent…

Natural Gas

EU Emergency Gas Plan Can Stabilise or Even Lower Prices - German Network Chief

The head of Germany's network regulator welcomed the European Union's gas emergency plan, which came into effect on Tuesday, in comments to the ZDF broadcaster.…

CCS

Oil Major BP Drilling Appraisal Well in Texas for Carbon Sequestration

Oil major BP has begun drilling an appraisal well in Texas for its U.S. carbon capture and sequestration business, an executive said on Monday.

Australia

Energy Prices Across Australia to Remain High Until 2026

Research from Cornwall Insight Australia’s Benchmark Power Curve (BPC)1, which looks at power prices up until 2042, has forecast that all states in the Nationa…