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Crude Oil
U.S. Big Company Oil Reserves up 13% Since 2017, Deals Drive Recent Growth -Study
U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with…
United Kingdom
British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’
The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap
Floating Offshore Wind
Researchers Design Novel Floating Wind Turbine for Deep Waters
Researchers at the US Department of Energy’s Sandia National Laboratories created a tool that they plan to use to design a novel floating wind turbine that the…
CCS
Renewable Energy, Electrification Big Winners in Inflation Reduction Act
The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction…
CCS
New AI Tech Could Help Detect Leaks in Underground Carbon Storage
The international research partnership seeks to implement AI and machine learning to detect the leaks in pipelines and well string
Energy Investment
‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says
Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and…
Wind Turbine
Azure Power Signs Deal With Siemens Gamesa for Wind Turbines
Siemens Gamesa to supply 96 units of SG3.6-145 onshore wind turbines to be supplied to Indian independent sustainable energy solutions provider Azure Power
LNG
Australia’s Santos to Proceed With $2.6 Bln Alaska Oil Project
Santos Ltd will proceed with its $2.6 billion Alaskan oil project, the Australian energy producer said on Wednesday after posting a four-fold jump in first-half…
Nuclear waste
Nuclear Waste Recycling Startup Wants to Solve the ‘Ball and Chain’ Problem Holding Back Nuclear
Ed McGinnis knows firsthand about the nuclear waste problem in the United States after working for the Department of Energy from 1991 to 2021.
Energy Storage Battery
Blackrock Makes $700 Million Investment in Australian Battery Storage
Effective, large-scale storage systems are set to become increasingly important as renewable energy capacity expands.
Pumped Storage
Estonian Mine to Be Turned Into Pumped Hydro Facility
Preliminary design and environmental impact assessment for Estonia’s first pumped storage hydroelectric plant is underway under the guidance of Estonian energy…
Wind Power Project
Nordex Receives Orders for 100 MW of Wind Power From Germany in July
Nordex will supply 19 wind turbines for various customers, including projects in Baden-Württemberg, North Rhine-Westphalia and Mecklenburg-Western Pomerania.
Hydrogen Production
Total Eren Plans 2GW Solar + Hydrogen Hub in Australia
Australia’s Northern Territory Government and Paris-based energy company Total Eren have signed a memorandum of understanding (MoU) to develop a new green hydr…
Electric Car
SoftBank-Backed Ola Electric Wants to Launch a Made-In-India EV in 2024
Ola Electric is the EV arm of ride-hailing firm Ola, which was established in 2011.
Oil & Gas Supply
Europe’s Efforts to Shield Households From Soaring Energy Costs
Europe is facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the s…
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