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OPEC
OPEC+ Output Increase Wins It Credit but a Realignment Awaits Beyond August
Modest nature of tweak indicative of mounting challenges for Saudi Arabia and Russia led group including limited ability to raise production
Electric Car
How Recycling Lithium-Ion Batteries Can Boost India’s EV Adoption
The battery accounts for about half the cost of an electric car and cheaper, more sustainable solutions can help to reduce prices
LNG
Shell Eastern Petroleum Signs MoUs With Japan LNG Buyers
Agreement between Shell Eastern Petroleum, Tokyo Gas and Osaka Gas aims to accelerate decarbonisation across respective production value chains.
Energy Investment
Crypto Power Usage Is Helping to Spur Renewable Energy Investments
Ever since cryptoassets first burst into the mainstream financial conversation there has been an ongoing debate around just how much power and energy are consum…
Crude Oil
Oil Jumps After Saudi Arabia Hikes Crude Prices
Oil prices rose more than $2 in early trade on Monday after Saudi Arabia raised prices sharply for its crude sales in July.
Solar Energy Generation of Cial Crosses 25 Crore Units
According to the Airport Authority, the CIAL has achieved a cumulative production volume of 25 crore units of solar energy on Saturday apart from the 75 lakh un…
Oil & Gas Supply
Germany Faces 5 Billion Euros a Year Hit From Russian Gas Sanctions, Welt Am Sonntag Reports
Russia's sanctions against Gazprom Germania and its subsidiaries could cost German taxpayers and gas users an extra 5 billion euros ($5.4 billion) a year to pay…
Hydrogen Production
UAE’s Masdar to Develop 4 GW of Renewable and Green Hydrogen Projects in Azerbaijan
The UAE's Masdar said June 5 that it has signed two agreements to develop 4 GW of renewables projects in Azerbaijan.
Hydrogen Project
An Emerging Australia-Japan Hydrogen Supply Chain
The outbreak of the Russia-Ukraine War reconfirmed Japan’s energy insecurity, but also highlighted the potential of Australia-Japan energy cooperation.
Hydropower Plant
Statkraft Commissions Two Hydropower Plants in Nor
Statkraft has commissioned two small hydropower plants in Norway – 8.5MW Vesle Kjela and 8.5MW Storlia — located on opposite sides of the Hardanger mountain p…
Oil & Gas Supply
Russia’s Gazprom Cuts off Gas Supply to Denmark’s ØRsted
The Danish company said Gazprom Export has halted the supply of gas after the Russian firm demanded payment in roubles, despite being under no obligation to do …
OPEC
OPEC+ Working On Making up for Lower Russian Oil Output
OPEC+ is working on making up for a drop in Russian oil output as Russia's production has fallen by around 1 million barrels per day as a result of Western sanc…
Clean Energy Transition
US DOE Initiative Targets Clean Energy’s Interconnection Woes
The US Dept. of Energy has launched an initiative that aims to accelerate the deployment of clean energy by reducing delays and costs associated with connecting…
Net Zero Emission
COVID-19 Slows Progress Towards Global Energy Access, IEA Says
At the current rate of progress, 670 million people will remain without electricity in 2030.
Carbon Pricing
Could Blue Carbon Credits Be the Future of Sustainable Financing?
The Bahamas has announced plans to sell $300m in blue carbon credits in 2022.
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