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Crude Oil
Libya’s El Sharara Crude Field Poised to Restart
Production from Libya's largest field — the 300,000 b/d El Sharara — can restart after an agreement was reached with the Petroleum Facilities Guard.
Oil Exploration
Eni Wins Five New Exploration Licences in Egypt
Italian oil and gas company Eni has been awarded five new exploration licences – located in the Eastern Mediterranean Sea, Western Desert, and Gulf of Suez – …
Natural Gas
Europe’s Gas Prices Rise On Muted Russian Supply, Cold Weather
Europe’s natural gas prices rose again on Monday as extra supply from Russia continues to be limited, while colder temperatures point to higher demand later th…
Nuclear Power Plant
France Expects New Nuclear Reactors to Begin Operation in 2035-37
She said the new reactors would be EPR2 models, improved versions of EDF's EPR, which has suffered years of delays and billions of euros of cost overruns on uni…
Oil Exploration
Canadian Overseas Petroleum Ltd Announces Significant U.S. Discovery
In addition, COPL provides an operational update on its Barron Flats Shannon Field production.
Net Zero Emission
SK Ecoplant Showcases 1st Carbon-Neutrality Plan at CES
The circular economy refers a system of closed loops in which raw materials, components and products lose their value as little as possible.
Market Analysis
Nuclear Energy will Require '€20 billion per year' Until 2050
Nuclear power will play a "fundamental role" in meeting Europe's energy demands, said EU Internal Market Commissioner Thierry Breton to French newspaper Journal…
LNG
First WAGABOX® Landfill Gas to RNG Project in the US Confirmed
Waga Energy is joining forces with Steuben County on a Renewable Natural Gas project at the county’s Bath landfill.
EU
EU Green Finance Rules to Include Nuclear and Gas Projects
A draft of the bloc’s green finance taxonomy sets out conditions for projects to receive transition funds.
Oil Price
Gas Prices Surging in Europe
Increasing concern about Europe's reliance on gas supplies from Russia has led to fears of continued price volatility in the international energy market.
Carbon Neutral
S. Korea to Expand Tax Incentives for R&D on Carbon Neutrality Technology
South Korea plans to provide tax incentives for research and development on green technology designed to help cut carbon emissions in an effort to nurture new i…
Hydrogen Project
Renewables Developer Launches 1GW Hydrogen Partnership
Hero Future Energies has formed a strategic partnership with Ohmium International to develop 1000MW of green hydrogen production plants in India, the UK and Eur…
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 …
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.
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
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