What’s Behind The Massive Fluctuation In Natural Gas Prices?
The Texas Freeze was one of those unprecedented events that have the potential to upend the way things are done, in this case, in power utilities. The crisis, which saw Continue Reading
Big Oil’s Digital Pivot Marks The Beginning Of A New Era For The Industry
The oil and gas industry is embracing new technologies to save time and costs and, most recently, to reduce the carbon footprint of its supply chain as the energy sector Continue Reading
IEA: World Needs ‘Forgotten Giant’ Hydropower For Net-Zero Goals
Hydropower, the “forgotten giant” of low-carbon electricity, will need major policy support to help accelerate the expansion of solar and wind power and put the world on track for net-zero Continue Reading
OPEC+ may extend oil supply cuts amid warning of glut, sources say
OPEC+ is expected to discuss extending its deal on cutting oil supply beyond April 2022, two OPEC+ sources said on Wednesday, after a panel set up by the group warned Continue Reading
OPEC+ Fears Significant Oil Glut After April 2022
The OPEC+ alliance expects a significant overhang of oil supply on the market after April 2022 when the current production cut pact expires, Reuters reported on Wednesday, citing an internal Continue Reading
No energy disruption due to labor protests: Iran President
Tehran — Iranian President Hassan Rouhani gave assurance on June 30 that recent labor protests did not impact energy supply in the country or its exports and vowed to solve Continue Reading
Iraq Uses Controversial Oil Deal To ‘Secure Funding’ From Washington
At June’s G7 meeting, U.S. President, Joe Biden, received the backing of the world’s seven largest advanced economies (comprised of the U.S., the U.K., Germany, France, Italy, Canada, and Japan) Continue Reading
Electricity crisis worsens as Iran cuts supply and minister resigns
Power blackouts throughout Iraq threaten to cause new bouts of social unrest over chronic failures to build adequate domestic gas and electricity supply. An Iraqi worker fixes wiring linked to Continue Reading
World’s Biggest Wind Farm May Be Answer to Korea’s Net-Zero Dream
With a climate and topography ill-suited for large-scale wind power generation on land, the country looks out to sea for its clean energy ambitions The offshore substation collects and sends Continue Reading
Can The U.S. And China Compromise On Climate Change?
Following a joint statement with China addressing the climate crisis on April 17th, the US submitted a new ‘nationally determined contribution’ (NDC) at the virtual summit led by Biden on Continue Reading