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Electricity Trade
Cold Blast Sends Power Prices Soaring In Germany
Europe's first cold spell of the heating season has arrived, pressuring power prices higher as freezing temperatures ushers in increased power demand to heat bu…
Hydrogen Project
Hydrogenium Resources Wants to Put up Rooftop Hydrogen Plants
Hydrogenium Resources is in talks with several rooftop solar and ‘open access’ players for possible tie-ups with them for putting up the electrolysers
Crude Oil
Russia’s Oil Reserves Are Becoming Increasingly Hard To Recover
Nearly all of Russia’s oil production will consist of the so-called hard-to-recover crude reserves unless the country speeds up and incentivizes exploration
Finland
Finland Targets Creating a World-Leading Hydrogen Economy
Finland is continuing to develop its hydrogen economy with many Finnish businesses, research centres and government figures coming together to support the growi…
Offshore Wind Power
Asso Subsea to Install Vesterhav Cables
Contractor will use several vessels including DP2 vessel Atalanti which can work in shallow water
Energy Technology
China: New Sinopec Downstream Technology Process Developed
China's Sinopec has developed a steam-cracking technology to convert oil directly into high-demand petrochemical products such as ethylene and propylene, cuttin…
Wave Energy
Mocean Energy Wave Prototype Completes Sea Trials
Mocean Energy’s Blue X wave energy machine has returned to dock after a successful five-month test period at sea.
Energy Subsidies
Romania Hopes Second Call for Solar Subsidies to be Successful
Romania will subsidize households with EUR 57 million for the installation of solar power panels.
Nuclear Reactor
KSTAR Nuclear Fusion Reactor Further Improved
The National Fusion Research Institute announced on Nov. 22 that its plasma operation at 100 million degrees Celsius, an essential requirement for nuclear fusio…
Oil Price
Global Oil Prices Retreat in Face of Supply and Demand Pressures
Brent crude was down 56 cents, or 0.7%, at $78.33 a barrel at 1157 GMT and U.S. West Texas Intermediate crude fell 54 cents, or 0.7%, to $75.40.
Oil Field
Repsol Shuts in Yme Field Only Weeks After Start-Up
Spanish oil and gas company Repsol has been forced to halt production from its Yme field off Norway, less than a month after the oil production started.
Carbon Neutral
Beijing 2022 Venues to Harness Technology for Carbon Neutral Games
The Beijing 2022 Olympic and Paralympic Winter Games, will harness technology to deliver a carbon neutral Games to people across the world next year.
Oil Refinery
Refinery Closures About To Happen In Europe
Shell plans to end crude processing at the Wesseling site within the Rhineland refining complex in 2025 as the facilities are repurposed for non-fossil fuel fee…
Hydrogen Project
Tasmanian Green Hydrogen Hub Project Submission
The Tasmanian Liberal Government is progressing with its plan to maximise the opportunity for Bell Bay to be a national renewable hydrogen hub as part of the Au…
Energy Investment
Inclusive Growth the Key to China’s Economic Success
The report said China's wealth reached $120 trillion in 2020, compared to $90 trillion for the US. Germany, Japan, Britain, France, South Korea and other countr…
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