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OPEC
Opec Maintains 2022 Outlook and Expects Oil Demand to Surge Above Pre-Covid Levels
Based in Vienna, the group trimmed its outlook for 2021 owing to slower-than-anticipated demand from China and India
Crude Oil
Biden “Looking at” Tapping Strategic Oil Reserve, Energy Secretary Says
U.S. President Joe Biden “is looking at” a potential release from the Strategic Petroleum Reserve to bring down gasoline prices after OPEC+ rejected his reque…
Energy Security
Israel Declares Climate Change 'National Security' Issue
Israel's Prime Minister Naftali Bennett on Sunday declared the fight against climate change a "national security" priority and pledged to "facilitate" investmen…
Wind Power Project
MOROCCO: GE Wins Contract to Expand Aftissat Wind Farm by 200 MW
The Paris, France-based company has been selected by the facility's owner, Énergie éolienne du Maroc (EEM), a subsidiary of Nareva Holding.
Wind Power Project
EIB to Fund Ørsted’s Wind Energy Projects
The 752 MW Borssele 1 & 2 wind farms count 94 wind turbines which, through inter-array cabling, transfer their energy to an offshore substation before reaching …
EV Market
Ford Announces Massive EV Investments In Tennessee And Kentucky
The company will build its largest auto production complex and a total of three battery gigafactories.
Rosatom
Rosatom Takes Part in 65th IAEA General Conference
Rosatom State Atomic Energy Corporation took part in the 65th General Conference of the International Atomic Energy Agency, held in Vienna, Austria on September…
Hydrogen Project
Full Steam Ahead for Hydrogen Trains in France
Hydrogen-powered trains are now operating on the tracks of the Centre d’Essais Ferroviaires in Valenciennes, France.
Energy Storage Project
Battery Storage ‘Gigafactory’ Planned in India
Indian autoelectrical component manufacturer Lucas TVS is leading the development of a lithium-ion battery gigafactory near Chennai in eastern India.
PowerGrid Technology
Wind Power Line SuedLink to be Equipped with Siemens Energy HVDC Technology
Siemens Energy has been chosen to supply converter technology for the SuedLink, as well as carrying out site-specific planning alongside the transmission grid o…
Nuclear Technology
First Ever 3D-Printed Parts Have Been Installed at Alabaman Nuclear Plant
Last week, Oak Ridge National Laboratory announced that four 3D-printed fuel assembly brackets have been installed and are operating at the Tennessee Valley Aut…
United States
Texas Oil Cos in $370MM Merger Deal
Penn Virginia Corporation has revealed that it has entered into a definitive merger agreement with Lonestar Resources US Inc. to acquire the company in an all-s…
Energy Investment
Eni to Buy 315-MW Wind Portfolio in Italy
Italian oil and gas group Eni SpA will fully acquire a 315-MW operational wind portfolio in Italy from UK fund manager Glennmont Partners and Dutch pension fund…
Crude Oil
Opec+ Resumes Output Talks Amid UAE Standoff
Opec+ ministers are due to resume talks at 15:00 Vienna time today to try to defuse what is fast becoming the group's most serious crisis since it embarked on i…
Net Zero Emission
First Energy Earthshot Aims to Slash the Cost of Clean Hydrogen by 80% to $1 per Kilogram in One Decade
Secretary of Energy Jennifer M. Granholm today launched the U.S. Department of Energy’s Energy Earthshots Initiative, to accelerate breakthroughs of more abund…
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