By Michael Kern of OilPrice.com Russia has ramped up oil production from the Sakhalin-1 project and expects the field to soon pump at the full level of 220,000 barrels per day (bpd) after the project’s […]
The Scandinavian countries are continuing their militarized posture in response to the Russian war in Ukraine, with Sweden’s government being the latest to issue a surprise announcement and unusual move, given its longtime peace and […]
Authored by Julianne Geiger via OilPrice.com, Hedge fund manager Andurand: full reopening of Chinese economy could send oil prices past $140 per barrel. Andurand: The market is underestimating the scale of the demand boost. Andurand […]
The last time we looked at the massive money-printing (literally) hedge fund that also moonlights as the Swiss National Bank, we were stunned to learn that its US equity holdings had exploded to a record […]
India has increased ethanol blending in petrol from 1.53 per cent in 2013-14 to 10.17 per cent in 2022 and also advanced its target to achieve 20 per cent from earlier 2030 to now 2025-26.New […]
Generating renewable energy such as solar and wind power is becoming more common on remote islands across Japan with the aim of securing electric power in case of disasters, as well as reducing greenhouse gas […]
BENGALURU, India — The government has approved $2.3 billion to support production, use and exports of green hydrogen, aiming to make India a global hub for the nascent industry. The funding, announced last week is […]
The Norwegian Petroleum Directorate (NPD) has awarded contracts to the companies Fugro and Enviros to map the shallowest strata under the seabed with the objective of locating sites that are best suited for the placement […]
Exagen has confirmed that it has submitted plans for a 500MW/1GWh battery storage mega-project to Blaby District Council. Situated in Leicestershire, the Normanton Energy Reserve will be created across 19 acres, have a capacity of 500MW/1GWh […]
International energy company RWE is about to take two battery storage projects virtually coupled with existing run-of-river hydroelectric plants into commercial operation in Germany. The company announced the completion of the two lithium-ion battery storage […]
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