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Crude Oil
White House Vows to Avoid Future Sanctions on Russian Crude Oil
The Biden administration won’t sanction Russian crude oil because that would harm U.S. consumers and not Vladimir Putin, a U.S. State Department official said …
United States
Progress on Iran Nuclear Deal, but Tough Issues Remain
Negotiators have made significant progress in the last week or so on reviving the 2015 Iran nuclear deal but very tough issues remain, a senior U.S. State Depar…
Energy Storage System
Subsea 7 and FLASC Awarded Grant for Offshore Energy Storage Project
Subsea 7 and technology partner FLASC B.V., have been awarded a grant from the UK government Department for Business, Energy and Industrial Strategy (BEIS) for …
Hydro Generator Unit
SJVN Signs Loan Agreement to Advance 900 MW Arun 3 Hydroelectric
SJVN Arun-3 Power Development Company, a subsidiary of SJVN Limited in Nepal, has signed term loan documents for an INR6,334,000,000 ($84.85 million) loan to fu…
Oil Price
Japan, Australia Monitoring Oil Market for Impact from Ukraine Conflict
Japan and Australia said on Thursday they were closely watching oil prices for any impact from hostilities in Ukraine, with Australia saying it was prepared to …
Solar Power Panel
LG Electronics to Exit Global Solar Panel Business
The firm cited the impact of increasing material and logistics costs, as well as severe supply constraints, on the solar business as the reason behind the depar…
Electric Car
Volkswagen Plans IPO of Porsche to Ignite EV Shift Momentum
Volkswagen AG is preparing an initial public offering of Porsche, seeking a listing of its most profitable asset to help boost the parent’s valuation and fund …
Hydropower Plant
Swiss Federal Council to Set up Hydroelectric Reserve by Winter 2022/2023
To strengthen security of supply, the Swiss Federal Council has adopted measures to set up a hydroelectric reserve and has instructed the Federal Department for…
Wave Energy
U.S. Researchers Gearing up to Test Electromagnetic Wave Energy Device
Supported by the U.S. Department of Energy (DOE) funding, the researchers at Portland State University (PSU) are preparing to test and validate a new type of el…
SMR
Report Claims ‘Serious Problems’ with Proposed NuScale SMR
The analysis, released by the institute February 17, primarily focuses on the SMR project the Oregon-based company is building for Utah Associated Municipal Pow…
Hydrogen Technology
DOE Issues Two RFIs to Move Ahead with IIJA $9.5B Clean Hydrogen Initiatives
The US Department of Energy (DOE) released two Requests for Information (RFI) to collect feedback from stakeholders to inform the implementation and design of R…
Energy Saving
Highly Efficient, All-Polymer Solar Cells Prepared Under Meniscus-Assisted Coating Strategy
In recent years, all-polymer solar cells (all-PSCs) have been considered more likely to be photovoltaic devices for future applications due to their excellent m…
CCS
DOE Selects Cormetech to Develop Carbon Capture Tech for Natural Gas Plants
American engineering company Cormetech has been selected by the US Department of Energy to further test and develop a new, lower-cost technology to capture CO2 …
Nuclear Reactor
DOE Launches Credit Program to Help Preserve Nation’s Nuclear Fleet
The U.S. Department of Energy (DOE) is seeking input on a newly established $6 billion program aimed at supporting the continued operation of U.S. nuclear react…
Offshore Wind Power
Combining Offshore Wind with Carbon Removal
Off the Massachusetts and New York coasts, developers are preparing to build the United States’ first federally approved utility-scale offshore wind farms— 74…
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