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Crude Oil
OPEC Is Betting Big On Robust Oil Demand Recovery
Last week’s surprise decision from OPEC+ to ease the production cuts by a cumulative 2 million barrels per day by July relies on expectations of robust oil dem…
Oil & Gas Supply
U.S. Calls On Saudi Arabia To Ensure Supply Of Affordable Energy
The United States has called on Saudi Arabia to make sure there is “affordable energy” supply in the world, ahead of today’s OPEC+ meeting where the cartel w…
Carbon Neutral
Meriaura Group Working on a 100% Carbon Neutral Transport Concept
Finnish shipping outfit Meriaura Group has started the preparation and design of a transport concept that is to achieve 100 per cent carbon neutrality.
Oil&Gas Drilling
ExxonMobil Nearly Ready to Start up Guyana FPSO Compressor
Oil major ExxonMobil is preparing to start up a gas compressor on SBM Offshore’s Liza Destiny FPSO, operating offshore Guyana, this week following a technical …
Electricity Transmission
Spain is Power Exporter to France for Third Quarter
Spain ended as a net power exporter to France for the third quarter in a row — something that had happened only once before in the past 20 years — in what may…
Solar Technology
German Researchers Couple PV to High-Voltage System to Extend EV Range
A group of German researchers and companies are working on a project to extend the range of a solar-powered light delivery electric vehicle by feeding the energ…
Paris Climate Agreement
Companies Net Zero Action Plans could be too Little too Late
More than half of companies are not transitioning fast enough, leaving them in danger of missing the Paris Agreement target of net-zero carbon emissions by 2050…
Nuclear Reactor
Russia Makes Progress with Fast Reactor Upgrade
Zio-Podolsk has started manufacturing modules for PGN-200M steam generators as part of work to upgrade unit 3 of the Beloyarsk nuclear power plant in the Sverdl…
Crude Oil
Santos Restarts Production from Offshore Field Trio
Australian energy giant Santos has restarted production from the Ningaloo Vision FPSO following scheduled maintenance in Singapore.
Oil & Gas Trade
Fourteen U.S. States Sue Biden Administration over Oil and Gas Leasing Halt
In an attempt to challenge the pause on new oil and gas leasing on federal lands and waters, 14 U.S. states have filed lawsuits against President Joe Biden’s a…
United Kingdom
Scottish Renewables Calls for Storage 'Price Floor'
Vital electricity storage capacity needed to help the UK meet its net-zero target should be supported by an innovative funding mechanism, new research from Scot…
Rosatom
Russia’s State Run Nuclear Energy Firm Buys 49% Stake in Korean Lithium-ion Battery Maker
A subsidiary of Russian state-controlled nuclear energy firm Rosatom has taken a 49% share of Enertech International, a South Korean manufacturer of electrodes,…
Nuclear Power Plant
UAE Begins Nuclear Power Plant Tests
The Emirates Nuclear Energy Corporation said yesterday that it has started tests as part of the reactor start-up process for the Barakah nuclear power plant.
Hydrogen Project
Plans Unveiled for Italy’s First Hydrogen Valley
The development of Italy’s first hydrogen valley, to be located just outside of Rome, has been kickstarted with a €14m investment.
Oil Field
118,500 Oil & Gas Wells To Be Drilled Worldwide Through 2022
After a challenging 2020, the oil and gas demand recovery – supported by vaccination efforts and OPEC+ supply cuts – is proving good for drilling activity.
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