Europe installed 17.4 gigawatts of wind power capacity in 2021, according to figures from industry body WindEurope, a record amount and an 18% increase compared to 2020. Despite this, the Brussels-based organization said it was not enough to meet energy and climate goals. The European Union, which consists of 27 …
Read More »Siemens Unveils Easy-to-Deploy EV Charging Concept
Siemens Smart Infrastructure has unveiled a new sustainable, EV charging concept structure designed for electrifying fleets and high demand charging applications at scale. The new VersiCharge XL concept (UL standard) was created to electrify new or existing parking lots and building structures quickly and efficiently by using a modular, scalable …
Read More »Japan should Discuss NATO-Like Nuclear Weapons Sharing
Japan should discuss a possible sharing of nuclear weapons similar to that of NATO members in the wake of the Russian invasion of Ukraine, former Prime Minister Shinzo Abe said Sunday. NATO’s nuclear sharing arrangements let the U.S. keep its nuclear weapons in Europe under its custody. “Many people in …
Read More »Is Hydrogen a Better Bridge Fuel than Natural Gas?
With the latest events unfolding in Ukraine, the topic of natural gas dependence and its implications has once again taken center stage. Natural gas is the least polluting fossil fuel, which has made it a preferred “bridge” to net zero. The dependence element, however, has cast a shadow over the …
Read More »German Officials Reevaluate SWIFT Ban for Russia; Energy Impact Uncertain
German officials said Feb. 26 they were looking for a “targeted and functional” way to ban Russia from the international financial payment system SWIFT, but it remains unclear what impact such a move could have on oil and gas flows. Any actions by the US or EU to cut Russia …
Read More »U.S. to Help Uzbekistan Explore New Shale Deposits
Scientists from the United States will team up with experts from Uzbekistan to prospect for shale oil and gas deposits this year as Tashkent moves to ramp up production to tackle energy shortages and provide raw material for the gas-processing industry. Experts from the United States Geological Survey, or USGS, …
Read More »AEOI Chief: Iran to Continue Expansion of Peaceful N. Program
Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami said that his country has decided to continue progress in its peaceful nuclear program despite the obstacles and pressures imposed by the UN nuclear watchdog and the western states. Eslami said that under articles two and three of its …
Read More »Japan and EU Arrange Additional LNG Supplies to Europe over Ukraine
Japan is discussing with the European Union about coordinating further diversion of part of its liquefied natural gas imports to Europe, government sources said Saturday, as the region faces the threat of Russia restricting its gas exports. The Japanese government will likely provide additional LNG supplies from April as long …
Read More »BP’s Rosneft Alliance to be Tested by U.K. Tough Talk on Russia
The U.K. government has argued for some of the toughest possible sanctions on Russia. At the same time, BP Plc holds one of the single biggest foreign investments in the country. It’s an increasingly uncomfortable position for the British energy giant — one that has prompted concerns at the highest …
Read More »Iraq’s Oil Exports to the United States Increased in Last Week
The Energy Information Administration (EIA) Data showed, on Saturday, that Iraq’s export oil to the United States increased to 285 thousand bpd in the last week. EIA stated in a report, “The United States oil exports recorded 6.114 bpd in the first week of January.” The top three source countries …
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