Germany’s Svevind has announced plans for a colossal green hydrogen project that will place some 45 gigawatts of wind and solar energy generation on the vast steppes of Kazakhstan to produce around three million tonnes of green hydrogen annually. This project will utterly dwarf the biggest project currently in planning …

Oil held losses below $73 a barrel as a coronavirus resurgence raised concerns about the demand recovery ahead of an OPEC+ meeting this week that’s expected to lead to increased output from the alliance. Futures in New York edged lower after declining 1.5% on Monday. The more infectious delta variant …

Natural gas giant Qatar Petroleum predicted global demand for the fuel will continue to climb for almost two decades, making it far more optimistic than the International Energy Agency. QP expects consumption to grow at a rate of 1.5% a year, driven higher by economic growth and a broad shift …

Oil prices slipped on Monday after hitting more than two-and-a-half-year highs earlier in the session, as a spike in Covid-19 cases in Asia put a brake on rally before this week’s OPEC+ meeting. Brent dipped 10c, or 0.1%, to $76.08 a barrel at 9.11am GMT, after climbing to $76.60 its …

Oil revenues for Libya reached record levels last May, as they recorded 1.322 billion dollars in crude oil and 53 million dollars in gas and condensates, the National Oil Corporation (NOC) announced on Sunday. The corporation said that net revenues for the month of May from sales of crude oil, …

Two of the world’s first one-gigawatt turbines started full power generation on Monday at the giant hydropower station in southwestern China. According to state broadcaster CCTV, Baihetan started generating electricity on Monday, after a three-day trial operation. When completed, it will house 16 China-developed generators, providing a total capacity of …

The Iranian Foreign Ministry announced on Monday that still no decision has been taken to extend or not to extend monitoring deal with the International Atomic Energy Agency. “Still no decision has been taken about agreement or no agreement, or how to continue or not to continue cooperation with the …

Iranian Parliament Mohammad Baqer Qalibaf has announced that Iran’s three-month deal with the UN nuclear watchdog has expired and thus Iran won’t give its data recordings to the UN body. Qalibaf made the remarks in response to a question from a lawmaker on the latest developments regarding the deal between …

It is ironic that at a time when natural gas is under existential attack in Europe, high prices are conspiring with those aiming for its demise. Even though such high prices are a temporary phenomenon, they are encouraging and hastening the switch to renewables. High gas prices in Europe are …

Saudi Aramco outlined plans to invest in blue hydrogen as the world shifts away from dirtier forms of energy, but said it will take at least until the end of this decade before a global market for the fuel is developed. “We’re going to have a large share” of the …