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Oil Field

ExxonMobil Announces Two New Oil Discoveries In Guyana

ExxonMobil has made two more discoveries in the Stabroek block offshore Guyana, which add to the previously announced 10 billion oil-equivalent barrels recovera…

Nuclear Fuel

Ukraine Pushes for Domestic Uranium Supply

A programme to make Ukraine self-sufficient in uranium by 2027 has been approved by the country's cabinet. Nuclear power is planned for significant expansion be…

Nuclear Power Plant

Cavendish and Jacobs Sign MOU for UK Treatment of Japanese Fast Reactor Sodium Coolant

Cavendish Nuclear and Jacobs have signed a Memorandum of Understanding with Japan Atomic Energy Agency for the treatment and re-use in the UK of sodium coolant …

Market Analysis

Russian Nuclear Plants Announce New Electricity Generation Record

Russia’s nuclear utility Rosenergoatom said on 2 January that Russian nuclear power plants had begun 2022 with a new electricity generation record of 222.436TW…

Energy Storage Battery

Decommissioned Audi EV Batteries used in 4.5MWh Stationary Energy Storage System in Germany

Used lithium-ion batteries taken from carmaker Audi’s electric vehicles have been repurposed into a ‘second-life’ stationary energy storage system by energy …

Nuclear Power Plant

Japan's JAEA and Mitsubishi Heavy to Cooperate in U.S. Fast Reactor Project

The Japan Atomic Energy Agency and Mitsubishi Heavy Industries Ltd. will cooperate in a U.S. project to build a next-generation fast reactor, it has been learne…

Coal Trade

Indonesia Bans January Coal Exports

The step could infuse another round of price volatility after spot prices more than halved after hitting multi-year highs in late October 2021.

Solar Power Plant

Roofing Giant Takes on Tesla to Make Solar Roof Shingles more Affordable

When Elon Musk unveiled the Tesla Solar Roof in 2016, it was the first that many people had heard of solar shingles.

EU

Europe Plans to Say Nuclear Power and Natural Gas Are Green Investments

The draft proposal could help unleash a wave of investment, but critics say both sources of energy cause damage to the environment.

Energy Storage Battery

Eolus Sells 120MW US Battery

The Swedish developer has secured a deal with Aypa Power for the Cald storage project in Los Angeles

LNG

South Korea Retires Two Oldest Coal-Fired Power Plants, to Replace with LNG

South Korea has permanently shut its two oldest coal-fired power plants, which will be replaced by new LNG-based ones, in line with President Moon Jae-in's push…

Electricity Trade

Power Costs in Europe Soar to Record High in 2021

The continent's energy crunch followed shortages of natural gas just as demand rebounded following 2020’s lockdowns

Oil & Gas Supply

Russia’s Oil Output to Rise by 5% in 2022

Russia’s deputy prime minister Alexander Novak expects the oil output to rise by 5 per cent next year and reach its pre-pandemic level by May 2022.

Electric Car

POSCO International to Expand Its Business Areas to Electric Vehicle Parts

Tesla is asking employees to fight a California proposal that would make rooftop solar more expensive.

Energy-Eficient Building

Nearly 2k Homes Across West Midlands to get Energy Efficiency Boost

Poor insulated, low income households are set to receive support from the local authorities