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Oil Price
Oil Price Hits Highest in Almost Three Years As Supply Tightens
Brent futures rose 84 cents, or 1.1%, to settle at $78.09 a barrel, while U.S. West Texas Intermediate crude rose 68 cents, or 0.9%, to settle at $73.98.
Energy Storage Project
Foresight Group Buys 50MW Scottish Battery
Foresight Group has acquired the 50MW Blackpark energy storage project in Scotland from ILI Group for an undisclosed price.
Nuclear Reactor
Rosatom Starts ATF Operation in a Commercial Reactor
Research, design and testing of the accident tolerant fuel in TVEL Fuel Company is provided and coordinated by the Bochvar Institute of Inorganic Materials.
Hydrogen Project
BP, ADNOC and Masdar to Develop 2GW of Low Carbon Hydrogen
The trio have the intention to expand the project as it progresses, a statement confirmed.
Oil Field
Sinopec Gas Field Announces Big Production Numbers
As the world's first large gas field with buried depth of more than 7,000 meters and a high-sulfur content reef, the gas field is ultra-deep, high temperature, …
Energy Storage Battery
Dominion Acquires 20MW Virginia Battery
East Point Energy sells Dry Bridge project which will come online next year
Oil & Gas Trade
China's Oil Consumption Seen Peaking Around 2026, Sinopec Exec Says
Natural gas will become China's top fossil fuel resource around 2050
Geothermal Power Plant
Rystad Energy: Geothermal Power on the Rise
Additional interest in geothermal may be generated by the repurposing of existing oil and gas infrastructure as well as the extraction of lithium.
Oil Price
Oil Falls As Storm-Hit U.S. Supply Trickles Back into Market
Oil prices fell on Friday as energy companies in the U.S. Gulf of Mexico restarted production after back-to-back hurricanes in the region shut output.
Hydropower Plant
RFP issued for 500MW Pumped Hydro Energy Storage in California
A Request for Proposals has been issued for a 500MW pumped hydro energy storage project at a reservoir in California by the San Diego County Water Authority.
Wind Farm
RES, ZX Lidars and KK Wind Solutions Develop Product to Upgrade Performance of Existing Wind Farms
ReLACS (Retrofit Lidar Assisted wind farm Control System) retrofits cutting-edge technology to existing wind farms and has been piloted on a TRIG project
Creston Commits to 100% Renewable Energy by 2050
‘Creston is setting the path forward for other rural communities like theirs to live healthier, safer, and cleaner lives.’
SMR
Terrestrial Upgrades Molten Salt Reactor Design
Ontario-based Terrestrial Energy has announced its upgraded Integral Molten Salt Reactor nuclear power plant design – the IMSR®400 –with a net 390MW of elect…
Crude Oil
US Gulf operators restore 70pc of Ida-halted oil output
US Gulf of Mexico offshore producers have brought back about 70pc of the oil output that was halted due to Hurricane Ida.
Nuclear Power Plant
Regulator Approves Restart of Shimane 2
The utility must still obtain local consent before the 789 MWe boiling water reactor can be restarted.
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