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Crude Oil

White House Leaves Door Open for Additional SPR Releases

The White House said on Tuesday that it has many options to counteract OPEC+’s looming production cuts, including the release of even more crude oil from the n…

United Kingdom

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 billion…

Oil Refinery

French Refinery Strikes Worsen as France Moves to Call Back Essential Workers

France said on Tuesday that it would requisition essential workers to staff Exxon’s French oil depot, and threatened to do the same for Total’s French refiner…

Carbon Emissions

Hybridizing Diesel Engines to Cut Carbon Emissions

Finding alternatives to conventional fuels such as gasoline is a major way to reduce emissions and air pollution and help combat global warming.

KSOE to Demonstrate Fuel Cell-Applied Ship Operation

Hyundai Heavy Industries Group speeds up the era of eco-friendly ships by launching a demonstration project to apply fuel cells, which are in the spotlight as a…

Smart Grid

FirstEnergy Brings 3-Year US Smart Grid Automation Project to a Close

As the grid implications of intense weather events become more obvious, an electric utility in Ohio has announced the completion of a smart grid automation proj…

Austria

Austria Seeks Allies for Legal Challenge to EU Green Investment Rules

Austria said on Monday it was seeking to enlist other European Union countries to support its legal action against Brussels for labelling investment in gas and …

OPEC

Saudi Aramco to Maintain Full Oil Supplies to Asia in Nov Despite OPEC+ Cuts

Saudi Aramco has told at least seven customers in Asia they will receive full contract volumes of crude oil in November ahead of the peak winter season.

Carbon Emissions

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 de…

Net Zero Emission

New Zealand Farmers to Face Livestock Emissions Charges Under New Plan

The New Zealand government on Tuesday confirmed plans to price agricultural long-lived gases and biogenic methane that mainly comes from cow and sheep burps sep…

India

Tata Power Aims to Reach 10,000MW Renewables in Rajasthan

It will develop 8,000MW utility-scale projects, and 1,000MW solar rooftops, amongst others.

Philippines

Philippines Energy Chief: 2023 Power Supply Conditions Look 'Difficult'

The Philippines' energy minister said on Monday the country's power supply situation next year is likely to be difficult, with some hydro plants expected to be …

Philippines

Philippine President Encouraging Most Competitive Energy Sources Including Russian Fuel

Philippine President Ferdinand Marcos Jr is encouraging local energy firms to tap fuel supplies from "the most competitive sources", including Russia, to mitiga…

Oil Price

Oil Takes a Breather, Eases off 5-Week Highs

Oil prices slipped on Monday, easing off five-week highs, as the market took profits following strong gains last week on expectations of tighter supplies follow…

United Kingdom

UK Minister Zahawi: Planned Power Cuts Extremely Unlikely

Chancellor of the Duchy of Lancaster Nadhim Zahawi walks at Britain's Conservative Party's annual conference in Birmingham, Britain, October 5, 2022. RE…