Photo: Freepik UK Energy Secretary Ed Miliband has confirmed that £200m will be provided to progress the Acorn Carbon Capture and Storage (CCS) scheme in Aberdeenshire. Miliband – who has been visiting the St Fergus gas terminal where the project will be based – said he had told the company behind the project that he…
Photo: Freepik Builders will be required to fit solar panels to the «vast majority» of new build homes in England under changes to be published this year, Energy Secretary Ed Miliband has said. The regulations will require developers to add panels unless the buildings fall under certain exemptions such as being covered by shade. Speaking…
Photo: Freepik Dutch mega giant Allseas has designed a five-year plan to integrate small modular reactors(SMRs) into offshore vessels, according to the latest reports. The company aims to introduce SMRs in a bid to reduce carbon dioxide emissions and provide an alternative to other fuels like hydrogen, methanol, and ammonia, which have faced certain supply and cost…
Photo: Freepik On New Year’s Eve on the last day of 2015, the Port of Corpus Christi quietly exported the United States’ first crude oil barrels in 40 years just two weeks after Congress lifted the ban that dated back to the 1973 Arab oil embargo. Less than a decade later, the sleepy Texas beachside…
Photo: Freepik As summer travel season starts to heat up, drivers are in for a pleasant surprise: gas prices are at their lowest point since 2021. Crude oil prices have dropped nearly 25% since January, which is uncommon as the summer fuel blend usually comes with higher costs and increased demand during the peak travel…
Photo: freepik Spain is taking a significant step toward sustainable energy by shutting down all of its nuclear reactors, according to a Bloomberg report from April. The seven nuclear reactors the nation intends to shut down during the next 10 years provide 20% of its electricity. Wind turbines, massive batteries, and solar panels are being accelerated over the course…
Photo: Freepik June Nymex natural gas (NGM25) on Thursday closed down by -0.115 (-3.41%). June nat-gas prices tumbled on Thursday due to a larger-than-expected build-in of weekly inventories. Weekly EIA mat-gas inventories on Thursday rose by +120 bcf for the week ended May 16, above expectations of +119 bcf and well above the five-year average…
Photo: Freepik Solar equipment provider JCE Energy and offshore engineering firm Aquaterra Energy have successfully delivered a fully solar-powered, autonomous offshore platform for a supermajor’s Sea Swift production facility off the coast of Angola. The USD 2 million unmanned structure, built for efficiency, sustainability, and minimal environmental impact, is reportedly the first autonomous offshore platform…
Photo: Freepik By 2050, the aim is for Switzerland’s energy system to be decarbonized and no longer reliant on nuclear power. How this can be achieved and the costs of doing so are set out in a new report by a Swiss research consortium involving researchers from ETH Zurich, the universities of Geneva and Bern, EPFL, WSL,…
