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Crude Oil
OPEC Changed its Forecast for Oil Production in Azerbaijan
OPEC reported in June that it predicted azerbaijan would reduce its output by an average of 70,000 barrels a day to 720,000 b/d in 2020, compared with 700,000 b…
Energy Investment
Mitsui Invests $25m in FirstElement Fuel
Japan's Mitsui has invested $25m in California's biggest hydrogen station developer and operator FirstElement Fuel.
Energy Technology
ReCarbon and Utilitas Partner on Hydrogen Production
ReCarbon has signed a memorandum of understanding with Utilitas Group, Australia's leading bioenergy developer, to build biogas hydrogen plants across Australia…
Crude Oil
U.S. Oil Dominance is Coming to an End
The U.S. tight oil or shale rig count has fallen 69% this year from 539 in mid-March to 165 last week.
Coal Production
The U.S. Coal Industry is Declining Irreversibly
The rising share of electricity generated by natural gas and renewable sources is eroding coal's share.
Coal-Fired Power Plants
America:Oregon Bids Goodbye to Coal Power Plants
Since 1980, the Boardman Coal Plant has produced reliable energy capable of powering 500,000 homes. But keeping the lights on has come at a cost.
Oil & Gas Trade
Venezuelan Oil Production Sinks to Lowest Output in 77 Years
Crisis-wracked Venezuela's relentless fall in oil production sunk to a new low in May, according to OPEC figures, a milestone in a decade of decline for the onc…
Gas power plant
ADB Finances Construction of Gas-Fired Power Plant in Afghanistan
The Asian Development Bank has signed an agreement to provide a loan to the Afghan Power Plant Company for the Mazar gas-fired power plant in Afghanistan.
Micro Reactor
US-Based Last Energy Invests in Estonian SMR Project
The company plans to build a small modular reactor in Estonia.
EV Market
Greece Introduces Subsidies for Electric Vehicles of EUR 100 Million
The Greek government has secured EUR 100 million for subsidies for the purchase of electric vehicles.
Energy Storage Battery
World's Biggest Liquid Air Battery Starts Construction in UK
Project will store renewable energy and reduce climate-heating emissions.
Energy Technology
EU to Make Big Push for Hydrogen, Despite Green Concerns and Infrastructure Gaps
Hydrogen is a clean fuel when burned, making it attractive for heavy industry, but most is derived from fossil fuels not renewable energy.
Hydrogen Fuel Cell
Toyota to Set Up Chinese Fuel Cell R&D Venture
Japanese auto producer Toyota plans to set up a research and development firm for commercial vehicle fuel cell systems in China this year.
Nuclear Power Plant
Polish Climate Minister Lists Benefits of Adopting Nuclear
Nuclear power will give Poland energy security, keep its rapid industrialisation cost-competitive and help it to achieve climate neutrality.
PowerGrid Technology
Maryland Announces Funding for 14 Microgrid Projects
Maryland yesterday announced winners in its resilience solicitation, 14 facilities that speak to the range of operations now pursuing microgrid projects — from…
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