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Oil Price
US Oil Surges Above $64 on Anniversary of Sub-Zero Plunge
Prices have since added more than $100 per barrel, following production cuts by Opec+ as well as resumption of mobility
Carbon Emissions
IEA Releases Report on Global Carbon Dioxide Emissions
This would be the biggest annual rise in emissions since 2010, during the carbon-intensive recovery from the global financial crisis.
Wind Power Project
Hidrostank Deploys Innovative Solutions at Saudi Wind Farm
Hidrostank, a leading Spanish company supplying building materials for civil works, said it had recently delivered innovative modular pullboxes for the Dumat Al…
Energy Security
ROK Says to Join IAEA Monitoring Team for Fukushima Wastewater Release
South Korea will make sure to participate in an international monitoring team led by the UN nuclear watchdog for Japan's planned release of nuclear polluted wat…
Carbon Pricing
New Carbon Price Makes Energy Efficiency in the German Building Sector Even more Important
Heating oil will soon become more expensive for consumers in Germany due to the new Fuel Emissions Trading Act.
Solar Power Plant
448 Solar Farms Set up in South Khorasan in 4 Years
Alireza Pouzeshi, the director of the projects for renewable energy and reducing powers loses in the power distribution company of the province, put the capacit…
Energy Storage Battery
Li-Cycle to Build Its Third Battery Recycling Plant in N.America
The Canadian recycling company Li-Cycle is building another recycling plant for electric car batteries in Arizona. It is the company’s second facility in the U…
LNG Carrier
Hyundai Heavy Receives Order for Three LNG Carriers
South Korean shipbuilder Hyundai Heavy Industries has taken an order for three LNG carriers, with delivery scheduled by July 2024.
Oil&Gas Drilling
Chinese Semi-Sub Becomes the World’s First Rig to get DNV’s Smart Notation
A semi-submersible drilling rig from China Merchant Heavy Industry, SHEN LAN TAN SUO, has become the world’s first offshore unit to receive DNV’s Smart notati…
Energy Storage Project
Construction could Begin Soon on Lithium-ion Battery Plant in Fernley
In the past decade, the world’s lithium-ion battery production capacity has increased tenfold, according to the International Energy Agency.
Nuclear Power Plant
TEPCO Banned from Restarting Nuclear Plant over Safety Flaws
The Nuclear Regulation Authority formally issued the order not to transport nuclear fuel stored at the Kashiwazaki-Kariwa plant in Niigata Prefecture or loading…
Nuclear Power Plant
S. Korea Expresses 'Strong Regret' over Japan's Decision to Release Water from Fukushima
South Korea on Tuesday expressed strong regret over Japan's decision to release contaminated water into the sea from its wrecked Fukushima nuclear power plant.
Crude Oil
U.S. Oil Production Still 2 Million Bpd Under Pre-Pandemic Levels
The EIA might be forecasting that the Permian Basin’s oil production will be rebounding soon, but overall, today’s U.S. oil production is still 2 million barr…
Oil&Gas Drilling
Equinor Gets Drilling Permit for Two Wells in Norwegian North Sea
Equinor Energy has secured approval from the Norwegian Petroleum Directorate to drill wells 35/11-25 S and 35/11-25 A in the North Sea.
Hydropower Plant
Aitken Spence Expands Its Portfolio in Hydropower
Apr 12, Colombo: Aitken Spence PLC has announced that the company has recently acquired hydropower operator Waltrim Energy Limited, a subsidiary of Sunshine Hol…
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