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China-Kazakhstan Economic Cooperation Paving Way for Next Golden Thirty Years
Oil Field
21-10-2022
UK’s Lloyds Ditches Project Finance for New Oil and Gas Fields
Britain's biggest domestic bank Lloyds said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lenders to push back on funding expansion of the industry.
Natural Gas
21-10-2022
German Government May Have to Inject Another $39 Billion in Energy Giant Uniper
The German government may have to pour another up to $39 billion (40 billion euros) in saving the country’s largest natural gas importer, Uniper.
Oil Refinery
21-10-2022
Exxon Selling Montana Oil Refinery to Par Pacific in $310 Million Deal
Exxon Mobil Corp on Thursday agreed to sell its Billings, Montana, refinery and related pipeline properties to Par Pacific Holdings Inc for $310 million.
Italy
20-10-2022
Octopus Energy Announces 1.1 GW Renewable Venture in Italy
Octopus Energy Generation has continued its expansion plans into Europe, deepening its role in Italy’s green power market.
20-10-2022
European Renewable PPA Prices up 51% In Third Quarter
Solar PPA prices rose almost twice as much as wind prices, new report suggests.
Ireland
19-10-2022
Ireland to Extend Business Energy Supports to Newly Opened Businesses
Irish businesses that have opened in the last year will be able to avail of an energy grant scheme that was initially limited to those that had been established for longer, Finance Minister Paschal Donohoe said on Tuesday.
19-10-2022
Oilfield Services Giants Are Primed to Post Very Strong Earnings
The biggest oilfield services providers are expected to report this week and analysts expect a strong set of results for the third quarter. In fact, expectations are for one of the strongest reports in years on the back of higher demand and pricing.
Solar Power Plant
18-10-2022
Iberdrola Commits to up to €3BN in Investment in Australia
The Spanish renewable energy giant aims to further consolidate its position in Australia, which presents a key energy market for the company.
Oil Field
18-10-2022
Norway’s Equinor Considers Buying Chinese North Sea Oilfields
Reuters reported on Monday that Norway's Equinor ASA is considering buying oilfields in the British North Sea from China's CNOOC Ltd.
20th CPC National Congress
18-10-2022
20th CPC National Congress | China’s Stronger Ability to Ensure Energy, Food Security Injects Confidence to World
Nation won’t scale back opening-up efforts or even turn to a ‘self-sufficient economy’: official
Solar Power Panel
18-10-2022
Renewables Investment Outstrips Oil and Gas for First Time
Rystad Energy report finds that capital investments in renewables reached $494bn in 2022, compared to $446bn into oil and gas for the same period.
20th CPC National Congress
18-10-2022
20th CPC National Congress | Economic Watch: China’s Economy to Gain New Momentum From CPC Congress
China's economic development is expected to gain new strong impetus from the 20th National Congress of the Communist Party of China (CPC).
Net Zero Emission
18-10-2022
Australia, Singapore Sign ‘Green Economy’ Pact
Australia and Singapore agreed on Tuesday on a "green economy" deal to boost cooperation on climate investment, financing and technology.
Natural Gas
17-10-2022
BP Buying Leading RNG Production Group in $4.1 Billion Deal
British oil major BP is continuing to diversify its energy portfolio, announcing a deal to acquire a company considered an industry leader in production of renewable natural gas (RNG).
United Kingdom
17-10-2022
Ofgem Confirms Plans to Launch UK Energy Regulator Campaign
Ofgem has announced that it will launch a campaign to help the UK population reduce its energy use, amidst growing concerns surrounding the energy crisis.
Australia
16-10-2022
Shell, Foresight Enter Joint Venture to Develop 370MW RE Projects in Australia
The projects include wind and solar farms, and battery storage.
Wind Farm
14-10-2022
Iberdrola Explores Sale of Wind Assets in Romania, Hungary -Sources
Spanish power company Iberdrola is looking to sell its onshore wind farms in Romania and Hungary as part of a strategy to raise cash to fund more lucrative renewable energy projects, two sources told Reuters.
Australia
14-10-2022
EU Crisis Opens Opportunity for Australian Green Energy Exports -Fortescue
The energy crisis in Europe presents a huge opportunity for Australia to export more green energy, the chief financial officer at Fortescue Future Industries (FFI) said on Thursday.
United States
13-10-2022
U.S. Power Use to Reach Record High in 2022 as Economy Grows, Weather Hotter -EIA
U.S. power consumption will rise to a record high in 2022 due to rising economic activity and hotter summer weather.
United Kingdom
13-10-2022
UK Renewables and Nuclear Generators Face Windfall Tax as Government U-Turns Again
Westminster is trying to break the link between high gas prices and electricity revenue.
Carbon Emissions
12-10-2022
Canada, Rio Tinto to Invest in R&D, Cutting Emissions at Quebec Plant
Canada and Rio Tinto Ltd will invest up to C$737 million ($533.6 million) over eight years to cut carbon emissions and expand research and development at a Quebec mineral processing plant.
United Kingdom
12-10-2022
UK Moves to Cap Revenues of Low-Carbon Energy Producers
Britain set out plans for a temporary revenue limit on low-carbon electricity generators on Tuesday, which the government said had the potential to save billions of pounds for consumers.
Japan
12-10-2022
Vena Energy , CDPQ Partner to Develop First Green Project Bond in Japan
It will finance a 35MW solar project.
11-10-2022
Adnoc Drilling Secures $1.53bn Contract to Boost Adnoc's Offshore Operations
More than 80% of the contract value will flow back into the UAE economy through Adnoc's In-Country Value programme
Carbon Emissions
11-10-2022
World Bank to Launch New Trust Fund for Emissions Reduction Grants
The World Bank said on Monday it is launching a trust fund aimed at pooling public funds to provide grants for projects to reduce carbon emissions, including decommissioning coal-fired power plants.
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