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Crude Oil
Major Oil Traders Cut Russian Crude Purchases Starting Next Month
Major crude trading houses are set to slash their purchases of Russian crude oil and crude products starting mid-May, anonymous Reuters sources said on Thursday…
Carbon Neutral
How Google Plans to Use 100% Carbon-Free Energy in Its Data Centers by 2030
Google has set out a notably aggressive goal to operate on 24-7 carbon-free energy by 2030.
Nuclear Reactor
X-Energy to Produce HALEU Fuel for Advanced Nuclear Reactors
The U.S. Department of Energy (DOE) chose X-energy’s TRISO-X fuel fabrication facility to produce fuel for future advanced nuclear reactors and small modular r…
Coal Trade
How Much Coal in Europe Comes From Russia?
The European Union announced last week that it would ban Russian coal, the latest escalation in sanctions as the war in Ukraine drags on.
Electricity Transmission
First Electricity Link Between UK and Germany in Mid 2020s
Siemens Energy to build two stations for NeuConnect Interconnector HVDC link which will transfer 1.4GW of electricity between UK and Germany.
Solar Power Panel
Restart Energy Implements a Photovoltaic Project Worth over EUR 1 Million for Florea Grup Company
Restart Energy announces the signing of a contract worth over 1 million euros with Florea Grup company, for installing a photovoltaic generator with a power of …
Solar Power Panel
Bitcoin, Ether up; Crypto Miners Turn to Solar Power; EU Targets Russian Virtual Wallets — Crypto Moves
Bitcoin, the leading cryptocurrency internationally, traded higher on Sunday, up 0.64 percent to $42,782 as of 08:30 a.m. Riyadh time.
Natural Gas
EU, Egypt to Boost Cooperation on Natural Gas, Cabinet Says
Egypt and the European Union will enhance cooperation in energy, the Egyptian cabinet said after a meeting between Prime Minister Mostafa Madbouly and Frans Tim…
LNG
U.S. Gas Storage Emptied by Exports to Europe and Asia
U.S. gas prices have climbed to their highest level in more than a decade as strong demand from overseas has emptied storage and left inventories well below ave…
Nuclear Power Plant
European Renaissance for Nuclear Energy?
Could nuclear power help break Europe's dependency on Russian gas?
Hydrogen Project
Lhyfe and WPD Offshore Plan 600MW Green Hydrogen Site
Lhyfe and wpd Offshore sign MoU to develop one of the most ambitious green hydrogen projects in Europe at Storgrundet offshore wind farm.
Wave Energy
AWS Ocean Energy Starts Shakedown Trial for Waveswing Converter
Scottish wave energy firm AWS Ocean Energy has started sea trials of its Waveswing wave energy converter at the European Marine Energy Centre’s (EMEC) Scapa Fl…
Natural Gas
Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says
Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…
Natural Gas
Price Volatility and Rising Demand Revive U.S. Natural Gas Trading
Natural gas trading is seeing a renaissance in the United States with the return of price volatility, while market turmoil in Europe could keep gas demand and e…
Carbon Emissions
EU to Fund Bulgaria’s €6.3bn Recovery Plan
The European Commission has approved Bulgaria’s latest recovery and resilience plan, providing €6.3 billion in grants.
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