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Egypt

Egypt COP27 Climate Summit Activists Concerned Voices Will Be Curtailed

The decision to hold next month's COP27 climate summit in a highly secured tourist resort in Egypt, along with restrictions on access, is curbing civil society'…

Hydrogen Project

Europe Aims to Build Green Hydrogen Corridor

Europe is ramping up its green hydrogen initiatives.

Paris Climate Agreement

‘Oil and Gas Investments Could Finance Renewables Needed for 1.5°C’

The Paris Agreement could be achieved if money intended for new oil and gas fields was redirected into wind and solar, a study claims.

Natural Gas

Germany Evaluating if Consumer Gas Price Brake Can Be Brought Forward

German finance minister Christian Lindner said on Sunday it was not yet clear whether a gas price brake for consumers and small businesses planned from March co…

LNG

CEZ Seeks Higher Capacity at Dutch LNG Terminal, Wants Damages From Gazprom

Czech power utility CEZ is in talks to raise the capacity it has booked at a new Dutch liquefied natural gas (LNG) terminal.

Natural Gas

Uniper Shuts Down 50% Of Headquarters to Save Gas

German utility Uniper is shutting half the office space in its headquarters and lowering temperatures in areas remaining open to save gas.

Net Zero Emission

Australia Signs up to Global Pledge to Cut Methane Emissions by 30%

Australia's climate change minister Chris Bowen on Sunday said the government has joined the Global Methane Pledge as part of multilateral efforts to reduce glo…

Hydrogen Project

Asia’s Richest Person Adani Aims for Europe With Huge Morocco Clean Energy Project

Billionaire's conglomerate is considering building wind and solar generation plants in the North African nation and units to produce green hydrogen for export. …

Net Zero Emission

Ottawa and Alberta Clash Over Who Must Pay to Lift Canada’s Carbon Capture Credits

Canada's federal government and the main oil producing province of Alberta are at odds over who should pay to bolster tax credits and scale up a crucial technol…

Oil Price

Goldman: U.S. SPR Crude Releases to Have Modest Price Influence

The Biden administration's plan to continue releasing the Strategic Petroleum Reserves (SPR) "as appropriate" to bring down retail rates poses limited downside …

Oil Refinery

Exxon Shares Surge to Record High on Strong Earnings Outlook

Exxon Mobil Corp shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil produce…

Carbon Emissions

Global Climate Disclosures to Cover Full Gamut of Carbon Emissions

Planned new global corporate sustainability disclosures will include the full range of carbon emissions, but with 'relief provisions' on measuring greenhouse g…

Carbon Emissions

Deutsche Bank Sets 2030 Targets to Cut Emissions Tied to Loans

Deutsche Bank on Friday said it aimed to reduce the emissions tied to its upstream corporate oil and gas sector loans by 23% by 2030, as part of a series of tar…

Hydrogen Project

Germany Receives First Container of UAE Hydrogen-Based Ammonia Fuel

Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, and German Vice Chancellor Robert Habeck attend ceremony in Hamburg

Brazil

Wind Power Will Quadruple in Brazil by the End of the Decade

The 13th edition of Brazil Windpower, the main congress and fair in Latin America on wind energy, promoted this morning the panel “Production chain and its inp…