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Rolls-Royce Successfully Tests Hydrogen-Powered Jet Engine
Britain's Rolls-Royce said it has successfully run an aircraft engine on hydrogen.
Oil Refinery
Italy Set to Nationalise Lukoil Refinery - Paper
Italy's government is set to nationalise the Lukoil-owned ISAB refinery in Sicily and will ask the cabinet to decide on the matter at a meeting scheduled on Thu…
Oil Refinery
Talks Unsuccessful, Action at BP Rotterdam Refinery to Continue -Union
Talks on Monday between management and unions at the BP Rotterdam Refinery (BP.L) were not successful, a union spokesperson said, and labour actions at the larg…
Crude Oil
Argentina Agrees Fuel Price Rise Caps with Firms, Pledges FX Access
Argentina on Monday reached an agreement with major oil firms operating in the country to put a cap on fuel price increases in a bid to keep costs at the pump d…
Crude Oil
Exxon to Exit Equatorial Guinea Amid Wider Africa Crude Phaseout
Exxon Mobil Corp will wind down oil production in Equatorial Guinea and leave the West African country after its license expires in 2026, two sources close to t…
Crude Oil
UAE's ADNOC to Cut 5% of Dec Crude Volumes to Term-Buyers in Asia - Sources
Abu Dhabi National Oil Company (ADNOC) will cut 5% of the December crude oil supply to some term-lifters in Asia but will provide full contractual volumes in Ja…
Italy
Italy Applies 50% Windfall Tax on Energy Companies' Extra Income, Draft Shows
Italy plans to apply a 50% one-off windfall tax next year on income of energy companies that have benefited from the surge in oil and gas prices, a draft of the…
Smart Grid
Blockchain Demonstrated for Smart Grid Cybersecurity
Blockchain has been demonstrated to validate communication among devices on the smart grid and thereby enhance its resiliency.
Wave Energy
A Wave-Powered Prototype Device Is Aiming to Produce Drinking Water From the Ocean
Ocean Oasis says its technology will enable “the production of fresh water from ocean waters by harnessing the energy of the waves to carry out a desalination …
Offshore Wind Power
Enbridge Announces Completion of France’s First Offshore Wind Farm
France’s first commercial-scale offshore wind farm, which was developed by Canadian energy giant Enbridge Inc. in partnership with EDF Renewables and the Canad…
Net Zero Emission
Access to Affordable Low-Carbon Electrons Crucial for Net Zero – Elia Group
According to a new study from Elia Group, by 2030, industrial electricity consumption is expected to grow by 40% and 50% in Germany and Belgium respectively. As…
Energy Storage System
Harmony Energy Income Trust Brings Europe’s Largest Battery Energy Storage System Online
Europe’s biggest battery energy storage system (BESS) (by MWh) located in East Yorkshire, the UK, has been successfully energised.
Hydrogen Project
Air Liquide and Totalenergies to Produce Low-Carbon Hydrogen in France
Industrial gases company Air Liquide and TotalEnergies plan to produce low-carbon hydrogen at the Grandpuits site in France, the pair said on Tuesday, as France…
Oil Price
Oil Prices Reverse Course After Saudi Arabia Denies Output Hike Rumors
Saudi Arabian officials are denying the news that OPEC is considering a 500,000 bpd output hike.
LNG
Floating LNG Projects Boom as Europe Races to Stock up on Gas
Floating LNG projects are booming in both gas-importing countries and gas-producing countries.
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