UAE signs agreement on green hydrogen projects in Egypt, targets exports to Europe

Egypt’s abundance of sun and wind “generates renewable energy at a very competitive price – a key alarm for green hydrogen production”. Ute Grabowsky | Photothek | Getty Images The United Arab Emirates (UAE) and Egypt’s Hassan Alam Utility have signed an agreement with government-sponsored Egyptian companies to work together on the development of large … Read more

Biden slammed Trump’s move to open up more oil in the Arctic

A polar bear and two cubs appear on the shores of Boffort Beach in the 1002 Arctic National Wildlife Refuge. American Fish and Wildlife Service | Reuters The Biden administration on Monday revoked the Trump administration’s plan to lease more than two-thirds of the country’s largest public land for oil and gas exploration. The decision … Read more

India’s oil imports doubled to $ 119 billion in fiscal year

India’s crude oil price rose to $ 119 billion in the fiscal year ended March 31, and global energy prices have risen following the return of Ukraine’s demand and war. According to the Ministry of Petroleum’s Petroleum Planning and Analysis, India is the world’s third-largest oil producer and importer. By 2021-22 (April 2021 to March … Read more

Oil prices are set at a 4% weekly discount on demand concerns

Pit Jack Jackets operated by Chevron Corporation in San Ardo, California, USA, Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Despite EU sanctions on Russian oil, oil prices continued to plummet on Friday, falling to 4% weekly and rising prices, weakening global growth and weakening demand for Covi-19 locks in China. … Read more

Taiwan’s ‘Largest Coastal Wind Generator’ Generates First Power

A submarine wind turbine off the coast of Taiwan. Taiwan’s Ministry of Economic Affairs says it aims to generate 20 percent renewable energy in the next half decade. Billy HC Kwok | Bloomberg | Getty Images A large offshore wind farm on Taiwan’s coast has generated its first power, and those involved in the project … Read more

Energy giants Siemens Gesa and SSE have agreed on a $ 628 million deal and profit warnings.

Details of the agreement between the SSE and SGRE revealed the first results for the second quarter, with revenues of nearly 2.2 billion euros and losses of about 304 million euros. Paul Ellis | AFP | Getty Images Siemens Gesa Renewable Energy has agreed to sell its Southern European assets at the SESE headquarters in … Read more

Since 2008, Russia’s war has boosted energy markets, pushing natural gas to higher levels

Liquid Natural Gas (LNG) Storage at LNG Terminal, LNG Croatia LLC operated by Krk, Croatia, Monday, January 25, 2021. Petar Santini | Bloomberg | Getty Images U.S. natural gas prices rose sharply on Monday for more than 13 years, as Russia’s war on Ukraine sparked a global power crisis and the autumn heat is expected … Read more

How Google plans to use 100% carbon-free energy in its data centers by 2030

Google’s data centers around the world use twice as much electricity as San Francisco. In total, Google will use 15.5 terabytes of electricity by 2020, with most going to data centers. (2021 does not provide figures.) Google Energy Director Michael Terrell says Google’s overall use of the Internet and the amount of energy it consumes … Read more

The race to produce ‘super-sized’ wind turbines was held

The Halide-X wind turbine was photographed in the Netherlands on March 2, 2022. The Haliade-X is part of a larger generation of new turbines that could be installed in the coming years. Peter Bor | Bloomberg | Getty Images In the not too distant future, the water, 15 miles from the Martha Vineyard, will be … Read more

Putin warns Russia cannot be excluded from the West; The United States and Britain are investigating reports of chemical weapons attacks

According to Putin, Russia cannot be isolated from the West. Putin described Russia’s unprovoked attack on Ukraine as “a special military operation.” Mikhail Klimentyev | Afp | Getty Images Russian President Vladimir Putin has described Russia’s invasion of Ukraine as “a special military operation.” He also warned that Russia could not “separate” from the West. … Read more