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Finland
Finnish Geothermal Heat Player QHeat Secures EUR 3.3m Loan for Drilling Rig
Finnish Climate Fund has granted EUR 3.3m loan to Finnish geothermal heat exchange player QHeat to acquire more efficient drilling rig to target medium-deep geo…
Crude Oil
Shell Defends 'Difficult' Decision to Buy Russian Crude Oil
Shell has defended its decision to purchase Russian crude oil despite the invasion and bombardment of Ukraine.
Energy Transition
Why $100 Oil Could Hurt the Energy Transition More Than It Helps
The surge in crude oil prices past $100 a barrel has raised a big question: Will this latest spike in the notoriously volatile oil market help to speed the glob…
Oil Price
IEA’s Reserves Release Won’t Stop Oil Prices Rising, Says Goldman
The International Energy Agency (IEA)’s decision to release 60 million barrels from emergency oil reserves is not sufficient to meet the supply shortfall cause…
Rooftop PV System
Mytilineos Completes South Korean Solar Project Construction
Mytilineos reaffirms its strategy of expanding its solar activity in markets around the world, announcing the completion of the construction of a 1.55 MW solar …
CCS
Energy Partners Announce CCS Project at Port of Corpus Christi
Talos Energy and Howard Energy Partners (HEP) plan to pursue opportunities for carbon capture and sequestration (CCS) at the Port of Corpus Christi, under a new…
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 …
Oil Price
Biden Administration Is 'Scared' of the 'Green Lobby', Will Not Abandon Russian Oil
Economist and former naval intelligence officer John Jordan weighs in on how the Russian invasion of Ukraine impacts the American economy.
Energy Efficiency and Conservation Policy
The National Energy Efficiency and Conservation Authority (Neeca) of Pakistan has released a draft of energy efficiency and conservation policy for the review a…
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…
Oil & Gas Supply
Japan Willing to Release Oil Reserves
Japanese government officials have indicated a willingness to join other countries in releasing oil reserves.
Oil Price
Oil at $103: No Fears of Supply Disruption to India, Prices a Concern
International oil prices surged to over a seven-year high of USD 103 a barrel on Thursday after Russia attacked Ukraine, but supply lines to India remain unaffe…
Carbon Emissions
Energy Sector Methane Emissions 70% Higher than Official Figures -IEA
Emissions of the potent greenhouse gas methane coming from the global energy sector are 70% higher than officially reported, the International Energy Agency (IE…
Hydrogen Project
Digitally Enabled Solution Set to Optimise Hydrogen Facility Developments
Hydrogen facility owners will soon be able to build green hydrogen assets more quickly, cheaply and safely, and operate them more efficiently, with a new digita…
EIB, ISIF Among Backers of Solas EU Energy Efficiency Fund
The European Investment Bank (EIB) and Ireland Strategic Investment Fund (ISIF) are among backers of a fund that is seen as closing the gap between energy effic…
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