QatarEnergy and Shell have signed an agreement to pursue joint investments in blue and green hydrogen projects in the UK, the Qatari state-run company said on October 19. “The partners will target integrated and scalable opportunities in key sectors where hydrogen could help decarbonise, especially around industrial cluster development and …
Read More »UN Atomic Agency Head to Visit Iran soon
The head of the U.N.’s atomic watchdog plans to visit Iran before the end of next month amid questions about whether Iran will return to negotiations. International Atomic Energy Agency chief Rafael Grossi said Tuesday he intends to visit Tehran “soon” to discuss and hopefully resolve specific concerns about Iran’s …
Read More »Russia Signals Europe won’t Get Extra Gas without Nord Stream 2
Russia is signaling that it won’t go out of its way to offer European consumers extra gas to ease the current energy crisis unless it gets something in return: regulatory approval to start shipments through the controversial Nord Stream 2 pipeline. In exchange for upping supplies, Russia wants to get …
Read More »Huawei Wins Red Sea Energy Storage Project
Huawei Digital Power has signed a key contract with SEPCOIII for the Red Sea Project with 400 MW PV plus 1300 MWh battery energy storage solution (BESS), which is currently the world’s largest energy storage project. The contract was announced at the Global Digital Power Summit 2021 in Dubai, UAE. …
Read More »Global Experts at Adipec to Discuss Critical Role of Hydrogen
Adipec, the world’s most influential live and in-person meeting place for energy companies and professionals, will discuss in detail how hydrogen can potentially deliver a holistic, clean, integrated approach to region’s energy sector. Taking place immediately after the UN climate meeting COP 26, Adipec will bring together hundreds of ministers, …
Read More »Iran FM Stresses Tangible Results in Nuclear Negotiations
Iran welcomes negotiations that have tangible, practical results, the Iranian Minister said, adding that Tehran will return to its commitments if other JCPOA members fufilll their obligations. A telephone conversation was held between the Iranian Minister of Foreign Affairs Hossein Amir-Abdollahian and the UN Secretary-General António Guterres on Monda night. …
Read More »Coal Surges to another Record in China as Cold Wave Adds to Energy Crisis
Coal futures in China surged to another record to put a previously unthinkable level of 2,000 yuan (S$420) a tonne in sight, as a cold blast adds to the country’s energy crisis. Cool weather has descended on eastern China, sparking an early start to the winter heating season in some …
Read More »Eni Launches Sustainable Aviation Fuel Production
Eni has launched the production of alternative sustainable aviation fuel (SAF) that aims to significantly contribute to the decarbonisation of aviation in the short to medium term. Eni SAFs are produced exclusively from waste and residues, in line with the company’s strategic decision not to use palm oil from 2023. …
Read More »OPEC+ Once Again Fails to Pump Enough to Meet Its Output Target
OPEC and its allies once again failed to pump enough oil to meet their output targets, exacerbating the supply deficit as the world recovers from the coronavirus pandemic. OPEC+ cut its production 15 per cent deeper than planned in September, compared with 16 per cent in August and 9 per …
Read More »Oil Prices Hits Highest Levels in Years amid Covid-19 Recovery
Oil prices hit their highest in years on Monday as demand continues its recovery from the Covid-19 pandemic, boosted by more custom from power generators turning away from expensive gas and coal to fuel oil and diesel. Brent crude oil futures rose 87c, or 1%, to $85.73 a barrel by …
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