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Commerz Real Invests in Danish Solar Market

Commerz Real is investing for the first time ever in the Danish photovoltaic (PV) market.

Net Zero Emission

ReNew Power Aims to Reach Net Zero by 2040

It avoided over 11 million tonnes of carbon emissions in the past year.

Nuclear Reactor

Japan, US Governments Asked to Beef up Nuclear Energy Dev't

The JAIF and NEI asked the two governments to improve the energy market and regulation.

South Korea

South Korea, Saudi Arabia Eye Continued Cooperation for Energy Supply Chain

The two markets aim to collaborate on oil and hydrogen.

Smart Grid

EIB and Endesa Sign €250mn Smart Grid Credit Line

Endesa and the European Investment Bank (EIB) have signed a €250 million ($249.8 million) smart grid credit line to boost Spain’s distribution network.

UN Chief: ‘the Answer Is in Our Hands’

During his speech at COP27, António Guterres said that “we are losing the fight of our lives” against climate change.

Smart Meter

Flexibility Service Pays UK Smart Meter Homes to Reduce Energy Use

National Grid ESO is running a demand flexibility service this Winter where UK energy consumers with smart meters will be paid to reduce their consumption.

Coal-Fired Power Plants

New Application Leverages AI to Support Coal Plant Conversion

UK-based non-profit Terrapraxis has announced that its new Evaluate application is live and available for coal plant owners and investors to assess coal plants …

Floating Offshore Wind

Oil Firm Equinor Looks to Celtic Sea for Floating Wind Development

Norwegian oil and gas major Equinor on Monday said it was interested in developing a "gigawatt scale" floating offshore wind project off the coast of Britain i…

Nuclear Power Plant

Finland's OL3 Nuclear Reactor Remains Offline as Probe Continues

Investigation is still ongoing of cracks recently discovered in feedwater pumps at Finland's Olkiluoto 3 (OL3) nuclear reactor.

Oil Pipeline

Curbing Oil Theft Has Helped Pipeline Availability, Nigeria LNG Says

Nigeria LNG said there had been an improvement in the availability of some oil pipelines since the government and state oil firm NNPC LTD stepped up efforts in …

Carbon Emissions

DP World Earmarks $500 Million to Cut CO2 Emissions Across Its Business

Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next fi…

Net Zero Emission

Shell Signs ‘Large’ Cellulosic Ethanol Deal With Raízen Amid Growing Sustainable Fuel Demand

Energy giant Shell has entered into a long-term agreement with Brazil’s Raízen to buy a total of 3.25 billion litres of sugar-crane cellulosic ethanol in a bi…

Oil Price

Euro Could Stay Below Dollar for as Long as Natural Gas Prices Remain High

The euro is on course to stay below parity with the US dollar for some time if gas prices do not fall markedly.

Oil&Gas Drilling

Biden Says “No More Drilling” at a Rally

“No more drilling…there is no more drilling,” said U.S. President Joe Biden at a campaign rally in New York state on Sunday when asked by a person in the cro…