Saudi Arabia’s breakeven oil price has risen due to increased spending on Vision 2030 and production cuts aimed at supporting oil prices. The IMF warns that Saudi Arabia needs an oil price of $96.20 per […]
San Bernardino unveiled the nation’s first hybrid hydrogen fuel cell train. The $20 million train uses a hybrid hydrogen fuel cell and battery system to power the lightweight vehicle capable of ferrying 108-seated passengers on […]
Saudi Arabia has a superpower. Not only is it the largest exporter of crude oil in the world; its production costs for oil projects are also the lowest in the world, at around just $10 […]
Bulgaria and Germany signed a declaration on cooperation in energy, green policies and climate protection, the Bulgarian Energy Ministry announced on Sunday. Bulgaria’s caretaker Energy Minister Vladimir Malinov met with German Economy and Climate […]
The US presidential candidate has pledged 100% tariffs on countries that are seeking to replace the greenback in international transactions Republican presidential nominee Donald Trump has claimed that dumping the US dollar will be extremely […]
The UK imported 20% of its electricity from continental Europe between April and June 2024, continuing a trend observed in the first quarter. Experts note that higher electricity prices in the UK compared to neighbouring […]
The government’s plan to build a new nuclear power station in Wales is reportedly under review. According to the Telegraph, the Energy Secretary has asked officials to reassess future nuclear projects, which puts the planned […]
US states of Massachusetts and Rhode Island have awarded contracts to three projects and procured 2,878MW of offshore wind capacity. Massachusetts has selected a total of 2,678MW – 1,087MW of the 1,287MW available from Ocean […]
French marine and offshore contractor, Geocean, a unit of VINCI Construction Grands Projets, has completed its contract awarded by Norwegian technology company ECOnnect Energy on the offshore part of the second FSRU-based LNG import project […]
Bluefield Solar has finalised the sale of a 50% share in its 112MW solar portfolio to GLIL, an alliance of UK pension funds, marking the completion of phase two of their partnership. The deal is […]
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