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Hydrogen Production

COP27: US and Ukraine in Deal for SMRs to Produce Hydrogen and Ammonia

US Special Presidential Envoy for Climate, John Kerry, and Ukraine Minister of Energy, German Galushchenko, announced at COP27 in Egypt a Ukraine Clean Fuels fr…

Floating Offshore Wind

The ‘World’s Largest Floating Wind Farm’ Produces Its First Power

Norwegian energy firm Equinor said power production from Hywind Tampen’s first wind turbine took place on Sunday afternoon.

Canada

Canadian-Portuguese Joint Venture Plans $1.04 Bln Hydrogen Plant in Sines

Canadian renewable energy company Neogreen Hydrogen and Portuguese developer of photovoltaic solar parks Frequent Summer announced on Monday plans to invest mor…

Natural Gas

German Govt Postpones Decision on Gas Price Brake

The German government is postponing its decision on a gas and electricity price brake that had been planned for Friday, said a government spokesperson.

OPEC

OPEC Cuts Oil Demand Growth Forecast Again as Economic Challenges Mount

OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth time since April and further trimmed next year's figure, citing mounting economic …

Electric Car

Will Britain’s EV Owners Have to Pay Road Tax for the First Time?

Reports claim Chancellor Jeremy Hunt is expected to announce road tax for EVs in the Autumn Statement this week.

United Kingdom

UK Unboxes £65m Clean Tech Investment at COP27

The new funding aims to make clean technologies accessible and affordable to developing countries.

Natural Gas

Canada's Ontario to Extend Gas, Fuel Tax Cut for a Year

The Ontario government said on Sunday it will extend a fuel and gas tax cut first introduced last spring by another year to help residents cope with high inflat…

Hydropower Plant

Nigeria Offers Concession on $1.3 Billion China-Funded Hydro Power Plant

Nigeria plans to grant a concession on its $1.3 billion hydropower plant now under construction and is seeking bids from private investors to operate the China-…

Electric Vehicle Battery

Indonesia's Adaro Signs MoU With Hyundai for Aluminium Supply

Indonesian metals company PT Adaro Minerals Indonesia, Tbk has signed a memorandum of understanding (MoU) with South Korea's Hyundai Motor Company on aluminium …

Oil Price

Iraq Wants Stable Energy Prices, Prime Minister Says

Iraq is keen to maintain stable oil prices at not more than $100 per barrel, Prime Minister Mohammed Shia al-Sudani told reporters on Saturday.

Mexico

Mexico's Pemex to Work With EPA to Bring Down Methane Emissions

Mexican state oil company Pemex said Saturday that it would work with the U.S. Environmental Protection Agency (EPA) to reduce greenhouse gas emissions - especi…

Natural Gas

COP27: Israel Says Big Boost in Gas Supply to Europe Will Take Years

Israel will require several years before it can significantly increase its natural gas supplies to Europe, the country's energy ministry said on Friday.

United States

US West Faces Power Reliability Issues from Growing Use of Renewables

A group responsible for power market reliability in Western North America said the growing use of renewable generation will require the region to boost planning…

Crude Oil

UK Considering Big Increase in Energy Windfall Tax, Sources Say

British finance minister Jeremy Hunt is considering a big increase in a windfall tax on oil and gas firms and extending it to power generation firms as he tries…