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Energy News

Putin says Russia ready to cooperate on cutting oil production

Moscow - Russia is ready to cooperate with Saudi Arabia and the United States to cut oil production, President Vladimir Putin said Friday.

Oil crash: Saudi Arabia's risky price war

Apo - Saudi Arabia sent energy markets into a tailspin Monday after slashing crude prices, a risky gambit to sideline competitors including Russia that will test the fortunes of Crown Prince Mohammed bin Salman.

Oil plunges most since Gulf War on Saudi-Russia standoff, virus

London - Global oil markets plunged almost a third Monday, the biggest drop since the 1991 Gulf War as Saudi Arabia slashed prices in a battle for market share after Russia rejected OPEC calls for deep output cuts.

Russia steps in to support tumbling ruble

Moscow - The Russian ruble tumbled Monday to a four-year low amid a crash in oil prices as authorities rushed to assure the public the country has accumulated enough funds to withstand the blow.The ruble fell 9.

Coronavirus to cause first annual decline in oil use in decade: IEA

Paris - The world is set for its first annual decline in oil consumption in more than a decade due to the impact of the coronavirus outbreak, the IEA said Monday.

Rust and light lead to improved hydrogen fuel production

Researchers have identified a new, and more efficient means, for of producing hydrogen directly from an organic waste solution. This is by using a catalyst formed from rust, with the help of light.

Major growth predicted for energy storage market

Energy can be stored and transferred, and it is tapping into this storage potential that is interesting technologists and business investors. This is especially important for renewables as many have only intermittent generation profiles.

OPEC to try to stem oil price plunge amid coronavirus slowdown

London - The OPEC club of oil-producing countries meets Thursday in Vienna as they weigh how to react to a sharp drop in global oil demand due to the outbreak of the new coronavirus.

Three new technologies to take solar power forwards

Solar cells are becoming thinner and the production methods are accelerating. These are two innovations designed to lower costs while meeting global demand. As solar energy use grows, we look at three new developments.

The ‘anti-solar cell’ that works at night developed

Imagine if a 'solar cell' could work at night? Sounds improbable, given the basis of solar technology is to absorb the light of the Sun. Yet researchers have designed a photovoltaic cell that can generate 50 watts of power per square meter at night.

France begins shutting down oldest nuclear plant

Fessenheim - French state-owned energy giant EDF on Saturday began shutting down the country's oldest nuclear power plant after 43 years in operation.

UAE loads fuel rods at Arab world's first nuclear plant

Abu Dhabi - The United Arab Emirates has started loading fuel rods into the first reactor at its Barakah nuclear plant, operators said Wednesday, two days after regulators gave the green light.

Smog veils Central Asia cities as smoky stoves choke locals

Bichkek - Snow-capped peaks used to be clearly visible from the streets of Almaty and Bishkek, two of the largest cities in Central Asia that both lie in plains surrounded by mountains.

Cuba burning tires to power factory as US oil sanctions bite

Havana - The Cuban government has ordered a cement factory to burn old tires to power its operations and save on oil, amid a worsening fuel shortage brought on by US sanctions on the Communist island.

Q&A: Data center energy efficiency: Moving beyond batteries Special

There are several ways to make existing data centers more energy efficient, such as with the adoption of technologies that can impact both consumption and bottom line. John Jeter of VYCON explains more.

US, Europe clash over Washington's global retreat

Munich - US Secretary of State Mike Pompeo on Saturday traded barbs with European leaders over diminishing Western influence, rejecting as "grossly over-exaggerated" their claims that Washington had retreated from the global stage.

COVID-19 causing first drop in oil use in decade: IEA

Paris - Global oil demand will suffer its first quarterly drop in a decade as the COVID-19 virus lashes the economy in China and its impact ripples throughout the world, the IEA said Thursday.

January 2020 warmest on record: EU climate service

Paris - Last month was the warmest January on record globally, while in Europe temperatures were a balmy three degrees Celsius above the average January from 1981 to 2010, the European Union's climate monitoring system reported Tuesday.

Leveraging renewable energy to reclaim the Bitcoin Hash Rate

With claims that current Bitcoin mining operations use as much energy as the whole of Switzerland, Layer1 co-founder and CEO, Alexander Liegl, believes renewable energy offers a solution.

Protests in Germany as cabinet passes coal exit law

Berlin - German ministers on Wednesday signed off a law to end coal electricity generation that demonstratorsand environmentalists say does too little, too late.

Turkey targets 'weakest link' Cyprus in regional dominance bid

Nicosia - Striving to extend its influence in the eastern Mediterranean where tensions revolve around energy resources, Turkey sees Cyprus as the weakest link in a regional alliance buffering Ankara's ambitions, analysts told AFP.

Cyprus brands Turkey 'pirate state' in gas drilling row

Apo - Cyprus accused on Sunday Turkey of turning into a "pirate state", attacking Ankara's exploratory oil and gas drilling off its coastal waters a day after the EU issued its own warning.

Japan court halts nuclear reactor restart citing volcano, quake risks

Apo - A Japanese nuclear reactor near a fault line must remain shut because of the risk of its being struck by earthquakes and volcanic eruptions, a high court ordered on Friday.

Q&A: COP25: Where do we go from here? Special

As evident with the COP25 environment conference, the public and industry need to bring government, research institutes and private industry together to collaborate and quickly find solutions to climate issues. Expert Shuli Goodman explains more.

New climate models suggest Paris goals may be out of reach

Paris - New climate models show carbon dioxide is a more potent greenhouse gas than previously understood, a finding that could push the Paris treaty goals for capping global warming out of reach, scientists have told AFP.

Putin says Nord Stream 2 to be completed by early 2021

Moscow - Russian President Vladimir Putin said Saturday that he hopes work on the Nord Stream 2 gas pipeline will be finished by early next year.

Greece, Cyprus, Israel sign EastMed pipeline deal

Athens - Greece, Cyprus and Israel on Thursday signed an agreement for a huge pipeline project to ship gas from the eastern Mediterranean to Europe despite Turkey's hostility to the deal.

Five reasons COP25 climate talks failed

Paris - The climate summit in Madrid earlier this month did not collapse -- but by almost any measure it certainly failed.

Trump approves Russia-Europe gas pipeline sanctions

Washington - President Donald Trump on Friday signed off on US sanctions against companies building a Russian natural gas pipeline to Germany that Congress fears will give the Kremlin dangerous leverage over European allies.

UN targets electrifying all of world's refugee camps

Geneva - The UN set itself a daunting challenge this week aimed at improving the lives of displaced people, reining in climate change and even preventing conflict: to bring electric power to all refugee camps by 2030.
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The floating turbine offshore of the Goto Islands.
Photo: 09/21/2012
The floating turbine offshore of the Goto Islands. Photo: 09/21/2012
Japanese Ministry of Environment
Robert F. Kennedy Jr.
Robert F. Kennedy Jr.
An oil refinery in Long Beach  CA
An oil refinery in Long Beach, CA
File photo Neil Kremer/Flickr
Wind turbines at a wind farm in California s Altamont Pass.
Wind turbines at a wind farm in California's Altamont Pass.
Coastergeekperson04 / Wikimedia Commons (CC BY 3.0)
Batteries charging  connected to a charging station (Tim Sandle s laboratory  UK).
Batteries charging, connected to a charging station (Tim Sandle's laboratory, UK).
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DOE/ARPA-E
Reactors 3 and 4 at Oi Nuclear Power Station  Japan. Power-down of reactor 4 on September 15  2013 c...
Reactors 3 and 4 at Oi Nuclear Power Station, Japan. Power-down of reactor 4 on September 15, 2013 could mark the end for nuclear power in Japan.
Wikimedia Commons (CC BY-SA 3.0)
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NREL
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Correct the Record
A Pemex gas station in Rancho Salvador Sol Torres  Jalisco  Mexico in 2005.
A Pemex gas station in Rancho Salvador Sol Torres, Jalisco, Mexico in 2005.
en:User:Coolcaesar (CC BY-SA 3.0)
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CERAWeek
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Uptake Technologies
Convair NB-36H Peacemaker experimental aircraft (s/n 51-5712) and a Boeing B-50 Superfortress chase ...
Convair NB-36H Peacemaker experimental aircraft (s/n 51-5712) and a Boeing B-50 Superfortress chase plane. This was the only known airborne reactor experiment by the USA with an operational nuclear reactor on board.
USAF - U.S. Defenseimagery.mil photo no. DF-SC-83-09332
Workers connect the turbines’ power and data systems to an existing 16MW subsea export cable at th...
Workers connect the turbines’ power and data systems to an existing 16MW subsea export cable at the Fundy Ocean Research Centre for Energy (FORCE). This cable is connected to the onshore substation.
Cape Sharp Tidal
The High Flux Isotope Reactor buidings at Oak Ridge National Laboratory.
The High Flux Isotope Reactor buidings at Oak Ridge National Laboratory.
United States Department of Energy
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Indiegogo
Artist s impression of the core of a laser-ignited hydrogen-boron fusion reactor.
Artist's impression of the core of a laser-ignited hydrogen-boron fusion reactor.
Media Office, UNSW Sydney NSW 2052 Australia
Aerial view of ITER project on June 17  2019.
Aerial view of ITER project on June 17, 2019.
ITER
German-American Energy Conference 2010
German-American Energy Conference 2010
Schematic of a hydrogen-boron fusion reactor.
Schematic of a hydrogen-boron fusion reactor.
UNSW Sydney

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