The Caspian Pipeline Consortium (CPC), which handles the transportation and exports of most of the crude oil pumped in Kazakhstan, is ready to transport more crude to the export terminals on the Black Sea, CPC’s […]
After central bankers brought about recessions in the past, the world economy was able to recover by adding more energy supply. This time we are dealing with a situation of true depletion; there is no […]
China’s oil demand is expected to hit a record high 16 million bpd this year, an increase of 800,000 bpd. Having lifted its zero-Covid policy, China is currently suffering through an exit wave of Covid […]
One of the first U.S.-based wave energy power plants is set to be deployed at AltaSea’s 35-acre campus located at the Port of Los Angeles. Israeli firm Eco Wave Power, which unveiled the project on Jan. […]
RIYADH: Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman held a meeting with British Secretary of State for Business, Energy and Industrial Strategy Grant Shapps in Riyadh on Thursday. The two parties discussed prospects […]
Blockchain – the distributed, decentralized system that helps verify crypto transactions and record ownership of NFTs – requires a massive amount of computing power and electricity. And as the NFT marketplace and other Web3 technologies […]
Alantra has launched a co-investment vehicle – named N-Sun Energy – in partnership with Spanish solar PV developer Solarig, with backing from European investment firms Reichmuth and Amundi. N-Sun will gradually acquire ready-to-build (RtB) solar […]
The Tennessee Valley Authority (TVA) has approved retirement of the Cumberland coal-fired power plant, with officials on Jan. 10 saying the utility will replace one of the plant’s two units with a 1,450-MW natural gas-fired […]
One of the world’s biggest emitters of greenhouse gases, India approved a plan of incentives worth more than $2 billion last week to develop a green hydrogen production capacity of 5 million tonnes a year […]
On January 10, the Union Power Ministry summoned NTPC officials to review the subsidence incident in Joshimath. A day later, India’s largest electricity-generating company wrote to the ministry explaining its position.A 12-kilometer long tunnel connected […]
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