The Rise In The Cost of Energy Posed Deep Problems In 2022
Early in 2022, economies all around the world gradually started to return to some degree of normality after nearly two years of rolling pandemic...
Russia Says It Might Cut Oil Output After The Price Ceiling
In response to price limitations on its crude and processed products, Russia may reduce oil production by 5 to 7% in early 2023 and...
Mid-2023, Newest Mexican Oil Refinery Will Run Half Strength
According to the reports that came in on December 24, the newest refinery of the Mexican state oil corporation Pemex will complete half of...
US Officials Say Nuclear Fusion Will Boost Renewable Energy
Officials from the US Department of Energy revealed on December 20, a nuclear fusion breakthrough: For the first time, US researchers outperformed the amount...
Offshore Wind Power Helps Britain Tackle Its Energy Shortage
This year, Britain's wind farms produced a record quantity of power as the effects of rising natural gas costs were mitigated by stormy weather...
EU Approves 28-Billion-Euro German Plan For Renewable Energy
The German government's 28-billion-euro ($29.69 billion) support programme for renewable energy, which aims to rapidly expand the use of wind and solar power, was...
Gas Discovery In Cyprus Brings Considerable Energy Potential
According to the Cypriot government, a recent gas discovery off the coast of Cyprus demonstrates the bright energy potential of the eastern Mediterranean.
The Italian...
$674m Gas Project Halted After Australian Market Meddling
The Australian government's radical intervention in the gas market has shown that it could hurt future investments. For instance, Senex Energy stopped a A$1...
Malaysia Boosts Its Exploration Success To 10 Finds In 2022
Off the coasts of Sarawak, Sabah, and Peninsular Malaysia, a total of nine oil and gas discoveries were made. Petronas Carigali made the greatest...
Russian Oil Exports See A Dip of 11% Between December 1-10
According to the Kommersant daily on December 21, which cited unnamed people with knowledge of the issue, Russian oil shipments decreased by 11% for...
