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Energy Investment

Africa is Turning into a Key Growth Zone of World Energy Market

Global Energy Association held the second conference of the Regional to Global cycle in Ethiopia. The event took place on 8 February in Addis Ababa, the capital…

Oil&Gas Drilling

BP Conducts New Drilling Operation in Azerbaijan for First Time

In 2022, bp spent about $470m in operating expenditure and $1.6bn in capital expenditure on ACG activities, Azernews reports, citing a bp press release.During t…

Oil Price

Producers See Oil Rebound to $100 a Barrel

A view shows the Yan Dun Jiao 1 bulk carrier in the Vostochny container port in the shore of Nakhodka Bay near the port city of Nakhodka, Russia. — ReutersLOND…

Oil Price

Russia proposes caps on oil export discounts -draft law

Image used for illustrative purpose only. A view shows a local oil refinery in Omsk, Russia June 6, 2022. Picture taken June 6, 2022. REUTERS/Alexey Malgavko Im…

Oil Exploration

Egypt Plans 3 Tenders for Oil and Gas Exploration, Production in 2023 -Minister

Flames rise from an oil refinery in Cairo, May 6, 2008. Image used for illustrative purpose.Reuters Images/Nasser NuriEgypt plans to offer three international t…

Oil Price

Oil Prices Rise Over 2% On Russian Plan to Cut Output

Doha: Oil prices rose more than 2 percent on Friday as Russia announced plans to reduce oil production next month after the West imposed price caps on the count…

Carbon Emissions

Wildfire Smoke May Worsen Extreme Blazes Near Some Coasts, According to New Research

Smoke from Southern California wildfires moves towards the Pacific Ocean, creating spectacular dark skies as a local on Oxnard Shores Beach California captures …

Carbon Neutral

Scientists Say Climate Change Contributed to the Bronze Age Collapse—One of History’s Biggest Riddles

Archaeologists work on the remains of a Hittite palace and its luxurious ceramics and glassware, which were discovered at the Usakli Hoyuk excavation site, near…

Wind Turbine

Vestas Wins a 68 MW Order for a Wind Project in Estonia

The order includes the supply, installation and commissioning of 15 V150-4.5 MW wind turbines, as well as a 20-year Active Output Management 5000 (AOM 5000) ser…

Nuclear Power Plant

Un Nuclear Chief Grossi Due in Russia for Ukraine Talks

UN nuclear chief Grossi due in Russia for Ukraine talksby AFP Staff WritersUN nuclear watchdog chief Rafael Grossi is due to arrive in Moscow on Thursday for ta…

Nuclear Technology

UK Establishes New Body to Deliver Its Fusion Programme

UK Science Minister George Freeman has announced the establishment of a new organisation to deliver the UK’s fusion programme. UK Industrial Fusion Soluti…

Nuclear Reactor

France’s Nuclear Policy Council seeks to “remobilise” the nuclear sector

France’s Nuclear Policy Council (CPN - Conseil de Politique Nucléaire), headed by President Emmanuel Macron is making preparations to deal with win…

Hydrogen Project

Doosan Signs Statement of Cooperation With the South Australian Government and Hyaxiom

Doosan Fuel Cell (DFCC) has signed a Statement of Cooperation with the South Australian government and HyAxiom.The agreement allows Doosan to advance into overs…

Net Zero Emission

The Future of Flight in a Net-Zero-Carbon World: 9 Scenarios, Lots of Sustainable Biofuel

Several major airlines have pledged to reach net-zero carbon emissions by midcentury to fight climate change. It's an ambitious goal that will require an en…

Oil Pipeline

USA EIA Reveals Latest Gasoline and Diesel Price Forecasts

The U.S. Energy Information Administration (EIA) has revealed its latest gasoline and diesel price forecasts for 2023 and 2024 in its February short term energy…