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Crude Oil

BP may Take $25 Billion Hit from Divestment from Russian Oil Company

BP expects to lose up to $25 billion, more than a fourth of its market capitalization, after divesting from its 19.75% stake in the Rosneft oil company in Russi…

Rooftop PV System

ENGIE, PGIM Sign Lease for Rooftop Solar System in Cold-Chain Facility in Singapore

The project will avoid around 20,000 tonnes of carbon dioxide emissions in two decades.

Electric Vehicle Charging

Queensland Offers $3,000 Subsidy to EVs Priced Under $58,000, Excludes Tesla

Queensland has joined three other state governments in offering a subsidy, or rebate, of $3,000 for an electric vehicle, but has put the cap at a lower level of…

Hydropower Plant

Andritz to Equip Upper Trishuli 1 Project, Nepal

Andritz has announced it is to supply the hydro and electromechanical equipment for the 216MW Upper Trishuli 1 hydropower plant in Nepal.

Crude Oil

Will India Buy Discounted Russian Oil?

While many countries have already sanctioned Russian oil and gas, India is reportedly considering buying crude oil from Russia at a discount.

Wave Energy

Wave-Powered Desalination Device Sets Sail

The U.S. Department of National Renewable Energy Laboratory (NREL) researchers deployed a wave-powered desalination test device and anchored it to the nearby se…

Nuclear Power Plant

Powering Ukraine’s Zaporizhzhia Nuclear Plant Is Still a Problem

It's in the same country as Chernobyl, but its difficulties post-Russian invasion recall another cautionary tale.

Offshore Wind Power

Hurricane Risk to Offshore Wind Farms is Study Focus

Researchers across the U.S. will study hurricane risks facing planned offshore wind installations along the Atlantic coast.

Net Zero Emission

Honda to Test Fuel Cell Power Station at California Site

Honda will begin testing its zero-emissions fuel cell power station at its corporate campus in Torrance, California in early 2023, the company announced.

Oil & Gas Trade

India Taking up Russian Discounted Oil Offer Will Not Be US Sanctions Violation, Says White House

India taking up Russia's offer of discounted crude oil would not be a violation of American sanctions, the White House has said.

Nuclear Fusion

UK Company Claims ‘World-First’ For Spherical Tokamak

Plant could be commissioned in early 2030s

Nuclear waste

UK Repatriates Australian Nuclear Waste

A consignment of intermediate-level radioactive waste has been safely returned to Australia from the Sellafield plant in the UK.

Oil Price

Wall Street Stocks Rally, Oil Prices Fall Ahead of Fed Meeting

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 8, 2022. REUTERS/Brendan McDermidThe three main Wall Street stock …

Hydrogen Project

Hydrogen Should Be Included in European Gas Reserve Plans

For the first time at an industry conference, Jorgo Chatzimarkakis, CEO of Hydrogen Europe, just unveiled his proposal for the European Commission to include hy…

Offshore Wind Power

ScottishPower and Shell Confirm Offshore Wind Funding

ScotWind partners ScottishPower and Shell are set to invest a total of £75 million to help the supply chain and businesses support the growth of the offshore w…