Scientists are surprised, but they see a way to stop the climate bomb. “The amount of methane that escaped from composting digested food waste was sky high, which surprised us,” says Maria Dietrich, one of the researchers behind the study, on Nibio’s own website. Dietrich has studied food waste used …
Read More »OPEC+ Seen Sticking to Planned Output Hike as Oil Prices Rebound
OPEC and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from their August stumble. The coalition led by Saudi Arabia and Russia is gradually restoring the vast amount of crude production halted during the pandemic, …
Read More »India Set to Deploy more than 4.5GW of Solar in Second Half of 2021
India is on track to install an additional 4,580MW of solar capacity in the second half of 2021 after seeing deployment marginally increase in Q2, according to Bridge to India. Despite fears of a third wave of the coronavirus pandemic, the research and consultancy firm estimates that India will add …
Read More »Pakistan Committed to Gas Pipeline Project with Turkmenistan
Pakistan’s Foreign Minister Shah Mahmood Qureshi reiterated on Thursday his country’s commitment to cooperation with Turkmenistan, including on the construction of a major regional pipeline and enhancing security in Afghanistan. “Pleased to call on President [of Turkmenistan] #GurbangulyBerdimukhammedov today in Ashgabat. I reiterated Pakistan’s commitment to enhance our economic connect …
Read More »Libya’s NOC, Italy’s Eni Discuss Developing Offshore Gas Production
The Libyan National Oil Corporation (NOC), headed Mustafa Sanallah, discussed in a meeting in Milan with Italian oil firm, Eni, plans to upgrade (A and H) offshore gas fields: two strategic fields that follow agreements of exploration projects and sharing production and operation, which includes Mellitah Oil and Gas Company. …
Read More »Nord Stream 2 Pipeline must Follow EU Competition Rules
The Nord Stream 2 gas pipeline is not exempt from European Union competition rules, a German court has ruled. The operating company of the Baltic Sea pipeline failed in its bid to be excluded from certain EU regulations and must now unbundle its business. The regional court decision is a …
Read More »Germany Eyes Hamburg-Copenhagen-Oslo Hydrogen Corridor
Hamburg’s Senator for Economic Affairs sees great potential for the creation of a hydrogen corridor from Hamburg via Copenhagen to Oslo. Branding the region as a green hub and jointly promoting green initiatives and investments would unlock numerous opportunities, according to Senator Michael Westhagemann. “We want to intensify the exchange. …
Read More »Fukushima Nuclear Plant Water to be Released via Undersea Tunnel
The operator of the wrecked Japanese Fukushima nuclear power plant has said it plans to build an undersea tunnel so that massive amounts of treated but still radioactive water can be released into the ocean. The discharge would be about one kilometre away from the plant to avoid interference with …
Read More »Oil Price Jumps 3.5% after Touching Its Lowest
The international oil benchmark, Brent crude, against which Nigeria’s crude oil is priced sustained its recovery as price rose by 3.5 percent, or $2.44, to $71.11 per barrel on Tuesday, after days of weak sales. While the United States West Texas Intermediate (WTI) also rose by $2.08 or 3.17 percent …
Read More »U.S. to Restart Oil Leasing with Offshore Auction This Year
The Biden administration said on Tuesday it would take steps to restart the federal oil and gas leasing program in the next week and plans to hold a Gulf of Mexico auction as soon as October, court papers showed. The move comes two months after the U.S Interior Department first …
Read More »