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

High LNG prices are here to stay | OilPrice.com

LNG

In just one year, the global liquid natural gas market changed from a buyer’s market to a seller’s market. The EU’s goal of increasing gas supplies, accelerating the release of renewable gases and replacing gas with heating and power generation EU demand for Russian gas By the end of the year, about two-thirds had created … Read more

A special solar power attracts attention

When you think about solar energy, you envision photovoltaic panels to convert sunlight into electricity. But there are other ways to use the sun. One of the methods that attracts growing interest is called Intensive Solar-Thermal Power, or CSP, which uses mirrors to reflect and focus on solar energy. Compared to other renewable energy sources, … Read more

A special solar power attracts attention

When you think about solar energy, you envision photovoltaic panels to convert sunlight into electricity. But there are other ways to use the sun. One of the methods that attracts growing interest is called Intensive Solar-Thermal Power, or CSP, which uses mirrors to reflect and focus on solar energy. Compared to other renewable energy sources, … Read more

EU announces new measures to save energy, reduce dependence on Russian oil

The European Union (EU) on Thursday issued a series of measures to reduce its use of force in support of Ukraine during the Russian occupation. The International Energy Agency and the European Commission have listed a number of measures for the average citizen, including walking or cycling instead of driving, slowing down on highways, working … Read more

A new report has ranked San Antonio No. 1 in Texas for solar energy

San Antonio – A new report from the Texas Center for Environmental Research and Policy ranks San Antonio No. 1 in Texas and 5th in the country in solar energy, which has maintained its position since last year. According to the report, “Shining Cities, the Greatest Cities of the United States for Solar Power”, San … 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

US administration releases $ 385M to help families pay for energy | OilPrice.com

White House

The White House said Thursday that President Joe Biden is seeking to curb rising oil prices to help Americans pay for domestic energy costs through low-income home energy assistance (LIHEAP). And labor at the highest prices in several years at international prices. Recent funding from the US Department of Health and Human Services (HHS) will … Read more