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Nuclear Fusion

Japan's First Laser Nuclear Fusion Company, EX-Fusion Raises 130 Million JPY in Pre-Seed Round, Paving Way for the Development of Critical Components Needed for Commercialization of Nuclear Fusion

Funds will be used to develop technologies that enable continuous injection of target material and auto tracking and alignment of the laser systems to build a c…

Russian Federation

New EU Sanctions on Russia to Target Sberbank, Commission Head Tells Paper

The European Union’s forthcoming sanctions on Russia will target banks, in particular Sberbank (SBER.MM), as well as oil, the head of the European Commission U…

Solar Power Panel

Ultra Efficient ‘Tandem’ Solar Panels Ditch the Silicone to Absorb More of the Sun’s Spectrum With Less Energy

German scientists have published details of their new solar panel, calling it the world’s most efficient of its type, which uses a wider spectrum of sunlight. …

Solar Power Plant

Will Ukraine War Derail the Middle East's Solar Power Boom?

Renewables are looking more attractive as fossil fuels from Russia are banned. Middle Eastern countries have huge potential in solar power but will lack of crit…

LNG

Japan's JERA Weighs Expanding LNG Business to China

Japanese energy group JERA, one of the world's biggest importers of liquefied natural gas, has taken a step toward a possible expansion of its LNG business to C…

Oil Price

Oil Prices Rise on Supply Concerns as Ukraine Crisis Deepens

Oil prices rose on Monday as concerns grew about tighter global supply, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the We…

LNG

Germany to Move away From Russian Gas

Germany has released nearly EUR3 billion to acquire floating liquefied natural gas (LNG) import terminals, the Finance Ministry said on Friday, as it seeks to m…

Nuclear Reactor

Eyeing Green Vote, Macron Vows to Exit Oil, Coal and Gas

President Emmanuel Macron promised on Saturday to make France the "first great nation" to stop using oil, coal and gas as energy sources, in a pitch to young an…

Crude Oil

Russia’s Oil Industry Is Suffering as the West Shuns Its Crude

Russia’s economically critical oil industry is getting battered as Western buyers shun the country’s crude.

Oil Price

OPEC Minimum Oil Production Increase During March

OPEC oil production increased by just 57,000 barrels per day (bpd) in March from February, as African members’ struggles to pump more crude partially offset in…

Natural Gas

China's Guangdong to Boost Natural Gas Consumption by 65.5% in 2021-2025

China's Guangdong province will boost gas consumption by 65.5% in the five years to 2025 on the back of industrial coal-to-gas switching and new natural gas-fir…

Net Zero Emission

Governments Need a More Strategic Approach to Clean Energy Spend – IEA

Clean energy spend by governments responding to the COVID-19 crisis has risen by 50% over the past five months, mostly in developed nations, according to the In…

LNG

Germany Weighs Leasing Additional Floating LNG Terminal

Germany has signed contracts to lease three floating liquefied natural (LNG) gas terminals and is considering getting a fourth to more quickly reduce dependence…

Nuclear Power Plant

Why Europe Could Be Heading for a "Nuclear Renaissance" with Energy Prices at Record Highs

The conflict between Russia and Ukraine has sent gas and power prices soaring. Alex Rankine explains why Europe could be heading for a "nuclear renaissance".

Thermal Coal

Tough to Find Alternatives for Russian Thermal Coal, Says Japan Utilities Group Head

Alternatives for Russian thermal coal are difficult to find as the market is getting tighter, the head of a group representing Japanese utilities said on Friday…