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Carbon Neutral
China: Sinopec Completes Carbon Capture Project
Sinopec has completed the construction of China's first megaton carbon capture, utilization and storage (CCUS) project.
Crude Oil
Venezuela Takes First Iranian Condensate of 2022
Venezuela has received this year's first cargo of the Iranian condensate that has proven critical to its crude production recovery.
Energy Storage Battery
SMS Energises UK Energy Storage Project
Energy solutions group, SMS plc, has successfully energised its first battery energy storage system (BESS) in Burwell, Cambridgeshire, UK. Capable of storing an…
Crude Oil
Ice Brent Crude at $90/bl
Front-month Ice Brent crude futures prices topped $90/bl today for the first time since October 2014.
Electricity Trade
Oman Launches First Middle East Electricity Spot Market
Oman has formally launched an electricity spot market, the first in the Middle East, to increase the efficiency of power procurement, the state news agency said…
Offshore Wind Power
Ocean Winds, Aker Secure Korean 870MW Offshore Permit
Electric business licence key step to realising 'world's first' commercial scale floating wind farm
Crude Oil
U.S. Releases Another 13.4 Million Barrels From SPR
The U.S. administration has approved the release of another 13.4 million barrels of crude from the strategic petroleum reserve in a move first announced last No…
Nuclear Reactor
Bruce 7 Prepares for Isotope Production
Bruce unit 7 has become the first nuclear power reactor in the world with installed capability to produce the medical radioisotope lutetium-177 (Lu-177).
Nuclear Power Plant
World First for Nuclear-Powered Pink Hydrogen As Commercial Deal Signed in Sweden
Industrial gases giant Linde to buy an undisclosed amount of the H2 produced at the Oskarshamn atomic power station owned by Uniper and Fortum
Oil Price
Japan to Subsidize Oil Wholesalers for 1st Time to Curb Fuel Price
Japan's industry minister Koichi Hagiuda said Tuesday the government will implement for the first time its oil industry subsidy program, which is aimed at curbi…
Floating Solar Project
Czechia’s First Floating Photovoltaic Plant
Operated by Czech utility CEZ Group, the pilot solar plant will be located at different heights during the charge and recharge cycles of a pumped-hydro plant an…
Nuclear Power Plant
Rolls-Royce Launches Competition to Land First Mini Nuclear Power Plant Site
Investment of up to £200 million is up for grabs, along with the creation of 200 jobs
Indonesia
Kuwait's Kufpec Discovers Gas, Condensate in Indonesia
Kufpec, the foreign upstream arm of Kuwait's state-owned KPC, today announced a gas and condensate discovery in the Anambas block in the Natuna Sea north of Ind…
Hydrogen Project
Hydrogen Carrier built by Japanese Company Arrives in Australia
The world's first purpose-built liquefied hydrogen carrier built by a Japanese company has arrived in Australia, as part of a project to create liquefied hydrog…
Wind Farm
Saudi’s ACWA Power Breaks Ground on $300m Wind Farm in Azerbaijan
Project represents the first and largest foreign investment made in Azerbaijan’s renewable energy sector to date

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