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Oil&Gas Drilling
New Year Sees Rousing Start to Offshore Drilling Market
NEW YORK CITY – Offshore drilling contractors have had a great start to 2023, as they have kicked off the new year with 26 rig contracts (17 jackups, 9 fl…
Oil Price
Oil Prices Expected to Average Around $90 in 2023-2027
LONDON: Brent oil prices are expected to remain around $90 per barrel throughout the next five years, according to eighth annual survey of energy market profess…
Net Zero Emission
Energy Industry Lies at the Core of Making Net Zero Possible
The Mahani field in Sharjah. For more than 150 years, the oil and gas industry has continued to innovate. Photo: Sharjah Government Media BureauWe have pledged …
Energy Subsidies
Scotland on Mission to Become ‘Renewables Powerhouse’ Contemplates No New Oil & Gas Policy
In pursuit of accelerating the transition to clean energy, the Scottish government has released a draft energy strategy, which aims to shape the country’s…
Oil Price
Oil Prices Fall on Us Crude Build-up and Recession Fears
The New York Stock Exchange. An Oanda analyst says energy traders believe Opec+ will do whatever is needed to support prices. ReutersOil prices dropped on Wedne…
Nuclear Reactor
Accord Reached on Extending Operation of Belgian Units
French utility Engie and the Belgian federal government have signed an agreement with a view to restarting the Doel 4 and Tihange 3 nuclear power reactors in 20…
Biobattery
Japan Proposes New Biofuel Standards, Update of Ethanol CI Scores
The government of Japan is inviting comments on proposed biofuel standards for fiscal years 2023 through 2027. The proposal also includes updated carbon intensi…
Nuclear Power Plant
Hungary Expects Paks Ii by 2032, Plans Fresh Paks Operating Extension
Hungary's Energy Minister Csaba Lantos said the Paks II plant is now expected to be completed in 2032, which would be two years later than previously sugges…
EV Market
Citroën Launches Open-Air Version of Popular My Ami Electric Quadricycle
Being pre-Covid, March 2020 seems like a different era, even though it was only a little under three years ago. Back then, The Driven described the launch of th…
Solar Company
Solaredge Eyes Increased Energy Management Capabilities With Hark Systems Acquisition
SolarEdge has been expanding its offering in the energy management space in the UK and globally in recent years. Image: SolarEdge. UK-based energy analyt…
Nuclear Fuel
More Delays for Japan’s Nuclear Fuel Reprocessing Plant
The completion of Japan’s nuclear fuel reprocessing plant in Aomori Prefecture will be delayed by two years, according to senior officials with Japan Nucl…
Coal Trade
China Nears Lifting Over Two-Year-Old Unofficial Ban on Australian Coal Imports
China is close to lifting a more than two-year-old unofficial ban on Australian thermal and coking coal imports for its power and steel plants, as the country l…
Crude Oil
Venezuela Loads Crude Under Eased Sanctions
Venezuela started loading 250,000 bl of Boscan heavy crude in Bajo Grande, Zulia state, this weekend for export to the US under eased sanctions that allow Chevr…
Nepal
Nepal’s Power Sector Fears It Will Lose ‘Competitive Advantage’ Due to India’s New Policy on Hydropower Projects
The waiver is already available to solar and wind power projects. The government has set an ambitious plan to have 500 GW of generation capacity from non-fossil…
Floating Offshore Wind
Equinor Marks 5 Years of Operations at World’s First Floating Wind Farm
Hywind Scotland, the world’s first floating offshore wind farm, has passed five years in operation since its commissioning in 2017.Hywind Scotland, locate…
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