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Energy Transition
Iberdrola Invests 3,000 Million Euros in Australia to Lead the Energy Transition
The Chairman of Iberdrola has held a meeting with the Premier of the State of Victoria, Daniel Andrews, and the Minister for Energy, Environment, Climate Action…
LNG
South Korea-Oman Energy Supply Chain Critical Amidst Rise in LNG Prices
South Korea’s Trade, Industry, and Energy Minister Lee Chang-Yang, and Oman’s Energy and Minerals Minister Salim bin Nasser Al Aufi discussed bilateral energy…
Net Zero Emission
G7 Company Emissions Falling Short of Global Climate Goal, Study Shows
Companies in the Group of Seven (G7) economies are failing to meet Paris Climate Agreement objectives.
Natural Gas
France Has Filled Up Its Strategic Gas Reserves Ahead of Winter - Minister
France is well prepared to get through this winter despite the energy crisis stemming from the war in Ukraine as it has now filled its strategic gas reserves at…
Natural Gas
Siemens Energy: Don’t Understand Gazprom View on Nord Stream 1
Siemens Energy said on Tuesday it does not comprehend Gazprom's presentation of the situation with the Nord Stream 1 pipeline
France
France to Pick New EDF Boss in “Coming Days” - Minister
France will pick the new boss of state-controlled power giant EDF in the next few days, the finance minister said on Tuesday
Electric Car
Europe and Japan Opposed to U.S. EV Subsidy Discrimination
The European Union and Japan, as well as South Korea, are objecting to the U.S. Inflation Reduction Act, pointing out that the United States is violating the pr…
Offshore Wind Power
Floating Wind: Saipem and Siemens Team Up on Electrical Substation Concept
Engineering majors aim to develop a viable floating electrical substation based on semi-submersible design.
Natural Gas
Macron: France, Germany to Provide Each Other With Gas, Electricity, to Weather Crisis
France will send gas to Germany if needed while Germany stands ready to provide it with electricity, President Emmanuel Macron said on Monday.
Energy Storage Battery
Pilot Production Begins for Australia’s First Lithium Battery Gigafactory
Energy Renaissance claimed its lithium battery solutions are designed and built with deployment in the heat and humidity of Australia and much of the wider Asia…
Energy Transition
Transport Group CMA CGM Launches $1.5 Bln Energy Fund
French transport giant CMA CGM is creating a five-year investment fund of 1.5 billion euros ($1.5 billion) aimed at accelerating its energy transition in shippi…
Russian Federation
Enel CEO Awaits Word on Sale of Russian Unit to Lukoil
Italian utility Enel has no indication on when it can close the sale of its Russian unit, CEO Francesco Starace said on Saturday, adding prospective buyer Lukoi…
Natural Gas
EU Mulls Energy Price Cap for Certain Generators - Document
The European Commission’s upcoming proposals to tackle surging energy prices should include a price cap for certain power generators that do not run on gas.
Electric Vehicle Battery
ANZ to Lend Hyundai-LG Energy JV $711 Mln to Make EV Batteries
Australia and New Zealand Banking Group has set up a $711-million lending facility for a joint venture between Hyundai Motor and LG Energy Solution that makes b…
Nuclear Reactor
Ultra Safe Nuclear and Hyundai Engineering Partner on High Temperature Reactor
Ultra Safe Nuclear Corporation, which is working to deploy a gas-cooled micro reactor, said it has a new supplier agreement with Korean EPC firm Hyundai Enginee…
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