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HomeTop News

Top News

SMR
Finance

Rolls-Royce lands SMR deal

September 19, 2024 Mariel Alumit

Rolls-Royce SMR has been selected as the preferred supplier to build Small Modular Reactors (SMRs) in Czechia, according to an announcement from the Czech Government and ČEZ Group, the country’s state utility company. This decision […]

bills
Electrical Generation / Utilities

Regions with highest electricity and gas bills unveiled

September 19, 2024 Mariel Alumit

New research has identified the UK regions with the highest energy bills, as millions of households face ongoing challenges with rising costs. According to a study by Utility Bidder, Merseyside and North Wales have the […]

Oil
Crude Oil News

Oil Is Not Out of the Woods Yet

September 18, 2024 Stu Turley

Crude oil prices revived this week with WTI recovering to $70 per barrel. This week, the climb is being fueled by the U.S. Federal Reserve, which is later today expected to announce the first rate […]

Energy Crisis

Renewable Energy’s Rise Creates Challenges for Traditional Power Utilities

September 18, 2024 Stu Turley

The increasing prevalence of renewable energy sources, particularly solar power, is disrupting the traditional power industry and creating challenges for utilities. To remain competitive, energy companies must adopt holistic thinking, diversify their portfolios, and embrace […]

clean energy super basin
Energy Transition

Can the North Sea become a “clean energy super basin”?

September 18, 2024 Mariel Alumit

The North Sea has the potential to become a “clean energy super basin,” integrating oil, gas, offshore wind and carbon storage to drive the UK’s energy transition, according to NSTA Chief Executive Stuart Payne. Speaking […]

Red Sea
Crude Oil News

Sounion salvors prep next stage in race to avert Red Sea environmental disaster

September 18, 2024 Mariel Alumit

Satellite images confirm the burning Sounion’s new location, 81 km offshore Eritrea in the Red Sea following a delicate towing operation over the weekend. The Delta Tankers vessel remains on fire, according to images sent […]

nuclear power
Energy Transition

It’s time to follow the Navy’s 50-year safety record of nuclear power generation

September 17, 2024 Mariel Alumit

Delivery of affordable, abundant, reliable, clean, and emissions-free electricity to customers is very important to modern quality of life. Achieving this is threatened by a vulnerable grid and the intermittency of wind and solar electricity […]

Electrical Generation / Utilities

French Grid Boss Says Renewables Must Help Balance Power Network

September 17, 2024 Stu Turley

Surplus output during peak hours is turning prices negative That’s straining other generators key to balancing supply France’s power-grid boss said wind and solar farms will have to fully participate in balancing the electricity network […]

Big Oil Companies

Chevron CEO Attacks Biden LNG Export Pause on Costs, Carbon

September 17, 2024 Stu Turley

Energy Department enacted gas terminal moratorium in January Shale boom transformed US into world’s biggest LNG exporter The oil and gas industry is zeroing in on the Biden administration’s moratorium on new liquefied natural gas […]

petroleum crude
Crude Oil News

India scraps windfall tax on petroleum crude

September 17, 2024 Mariel Alumit

Sept 17 (Reuters) – The Indian government has cut the windfall tax on petroleum crude to zero from 1,850 rupees per metric ton, effective from Sept. 18, a notification issued on Tuesday showed. The Indian […]

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