UK Oil Boss: Fighting Windfall Tax Led To Missed Opportunities

The UK’s oil and gas industry should have taken the chance to invest in new projects instead of fighting the windfall tax, the boss of a North Sea oil and gas producer has said. Steve Brown, chief executive of Orcadian Energy, told City A.M. that the Energy Profits Levy (EPL) created a “big incentive to invest” with the 91 percent tax relief for fossil fuel producers prepared to develop new projects in the North Sea. This includes Orcadian’s proposed Pilot development in the central North Sea, which is projected to produce up to 79m…

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Here’s Why Qatar Is About To Make A Big Move On Iraqi Oil & Gas

Prior to the unwitting boost that Russia’s ongoing failure in Ukraine has given the U.S., NATO, and Europe, Washington’s intentions regarding Iraq were mixed. On the one hand, the reasons why the U.S. invaded Iraq – to secure oil supplies that would lessen its reliance on Saudi Arabia, to control the centre ground in the Middle East, and to counteract Iran’s growing influence in Iraq and in the region – still stood. On the other, though, it had long been clear in Iraq, Afghanistan and indeed Saudi Arabia, among many…

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Growatt SPF 6000 ES Plus Arrives in the Pakistani Market

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Growatt New Energy, The world’s leading manufacturer of energy storage solutions and solar inverters, launched its much-awaited off-Grid inverter. The SPF 6000 ES Plus, introduced by Growatt for the Pakistani market. Growatt introduced its new SPF 6000 ES Plus residential off-grid inverter, which is the modified and advanced form of the SPF 3000-5000 ES off-grid inverter. This product is most feasible for Pakistan’s areas with no grid presence.      The Company has enhanced the inverter’s quality, performance, and efficiency. Enhancements have been applied to the product’s performance, reliability, quality, and efficiency. The SPF 6000 ES Plus has…

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Small Modular Nuclear Reactors Are A Game Changer For Clean Power

For years, small modular nuclear reactors (SMRs) have been teased as the next big thing in clean energy. They were promised to be the solution to safely and efficiently scaling nuclear energy and the catalyst that would bring the nuclear energy renaissance into full swing. But then they never arrived. “Small modular reactors: What is taking so long?” asked an Energy Monitor report released last Fall. While these next-generation reactors have been right around the corner for years, the strict rules and regulations around nuclear energy, and especially new and…

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A New Pathway To Create Scalable Perovskite Solar Cells

The process uses the first effective use of lead acetate as a precursor in making formamidinium-caesium perovskite solar cells. The team at Exciton Science, based at Monash University, were able to create perovskite solar cells with 21% efficiency, the best results ever recorded for a device made from a non-halide lead source. The reporting paper has been published in the journal Energy & Environmental Science. A miniature prototype solar panel featuring these cells achieved 18.8% efficiency. The large-area perovskite layer was fabricated in ambient atmosphere and was made via a…

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