The Russian majority state-owned multinational energy corporation Gazprom has resumed oil production in Libya following a ten-month hiatus. The ports, export terminals and production facilities in Libya have gradually restarted operations, according to a report by the Russian news agency Tass. The managing director of Gazprom’s subsidiary Gazprom EP International, …
Read More »IEA, World Bank Call for Carbon Price to Speed Up Energy Transitions
National carbon prices and similar mechanisms are urgently needed as a part of countries’ concrete national net-zero policies, International Energy Agency (IEA) Executive Director Fatih Birol told the World Bank Group’s virtual climate action event Innovate4Climate on 26 May. The IEA recently released a report describing how a rapid rise …
Read More »Russia and Pakistan to Build Pakistan Stream Gas Pipeline
Russian Energy Minister Nikolai Shulguinov and Pakistani Ambassador in Moscow Shafkat Ali Khan signed an agreement for the future construction of the Pakistan Stream gas pipeline on Friday. According to the energy portfolio, the parties penned a protocol of amendments to an intergovernmental agreement that provided for the construction of …
Read More »Russia Defends Nord Stream Gas Pipeline against US
The Russian gas supplied to Europe through the Nord Stream 2 gas pipeline has a carbon footprint four times lower than that delivered by US companies, Russian Deputy Prime Minister Alexander Novak said on Friday. According to several analytical and consulting agencies, the reason is determined because most of the …
Read More »Scientists Develop Transparent Electrode that Boosts Solar Cell Efficiency
Developing new ultrathin metal electrodes has allowed researchers to create semitransparent perovskite solar cells that are highly efficient and can be coupled with traditional silicon cells to greatly boost the performance of both devices, said an international team of scientists. The research represents a step toward developing completely transparent solar …
Read More »US Energy Companies Are Scrambling For Cyber Insurance
U.S. energy companies are urgently building their cyberattack insurance coverage following the Colonial Pipeline network attack earlier this month, Reuters has reported, adding that premiums were likely to rise on this increased demand. A ransomware attack shut down the largest fuel pipeline in the United States two weeks ago, causing …
Read More »Russian Gas Production Is Eco-Friendly
Natural gas production in Russia is eco-friendly and the best available technologies are used for its production and transport, Russian Deputy Prime Minister Victoria Abramchenko told reporters on Friday. “The best available technologies are used in production and transport of our gas. This is indeed eco-efficient production,” she said. Russian …
Read More »Germany to Invest €8 bn in Large-Scale Hydrogen Projects
Germany to provide € 8 billion worth of funding to hydrogen projects across the country, with a focus on the Northern parts. EPA-EFE/FELIPE TRUEBA Germany said on Friday (28 May) it would invest €8 billion in 62 large-scale hydrogen projects, including electrolysers and pipeline infrastructure, as part of the country’s …
Read More »Qatar Plans to Build Region’s Largest E-Charging Bus Station
Qatar’s Public Works Authority (Ashghal) has announced plans to build the largest electric charging station for buses in the region, which will run on solar energy and monitor and control the operation of all the sites involved. High-efficiency solar cell shades will be established, becoming the first bus station in …
Read More »Germany’s Looming Power Supply Gap Will Likely Be Filled by Gas
Germany’s plans to phase out coal and nuclear power will leave a large gap in supplies of electricity that’s likely to be filled by natural gas. Germany will need to add about 18 gigawatts or 60% more gas-fired capacity to plug the hole left from shutting its six remaining nuclear …
Read More »