Energy

Brazil

Brazil Government Eyes Windfall Tax on Oil Firms, but Guedes Opposed

Brazilian Economy Minister Paulo Guedes is firmly against the idea of tax increases on the oil and gas industry.

Coal-Fired Power Plants

Europe May Shift Back to Coal as Russia Turns Down Gas Flows

Europe's biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to cope with reduced gas flows from Russia that t…

LNG

‘Green Energy World Will Be Cheaper’ Rwe CEO Says as Germany Faces Gas Crunch

Economics minister Habeck announces measure to save gas and avoid rationing in coming winter that include longer use of coal power plants.

CCS

Oil Players Join Forces to Develop ‘One of the Largest CCS Facilities in the North Sea’

In pursuit of its strategy to go beyond net-zero, oil and gas company Neptune Energy has teamed up with several firms to pool resources for the development of a…

Energy Investment

UK Energy Windfall Tax ‘Undermining Investment'

UK government’s new windfall tax may already be undermining the major investments needed according to Offshore Energies UK.

Nuclear Power Plant

South Korea’s Multi-Pronged Approach to Boost Nuclear Energy

South Korea’s new president is doing a 180 on nuclear energy in the company.

Belgium

People Rally in Belgium to Protest Soaring Cost of Fuel, Food

More than 70,000 people rallied in Belgium’s capital Brussels on Monday in a protest against the soaring cost of guel and food.

Natural Gas

Egypt to Supply Natural Gas to Lebanon With 20 Year Old Arab Pipeline

After months of deliberation and delays Lebanon will sign a final agreement to import yearly 650 cubic meters of natural gas from Egypt to its energy poor count…

Ofgem Sets Out Tougher Rules for Energy Suppliers to Protect Customers

Credit balances are used by some firms like an interest free company credit card, Ofgem’s boss has said

Sunnier Days for Octopus’ Renewable Energy Portfolio

Octopus Renewables Infrastructure Trust has snapped up two ‘ready-to-build’ solar and battery storage projects

Electric Car

ReBeam – Harnessing Blockchain to Improve the E-mobility Experience

ReBeam is designed to improve e-mobility for drivers, charge point operators and the electricity providers.

LNG

Pakistan’s LNG Import Dependence Puts Energy Security, Financial Stability at Stake

The country imported 7.4 million tonnes of LNG in 2020.

EU

Coalition Calls for EU Hydrogen Quota for Shipping

Energy providers, shipping companies and NGOs call on the EU to introduce a minimum quota of 6% sustainable and scalable hydrogen fuels by 2030

Russian Federation

Enel Offloads Its Russian Assets for €137M

The company is forecasting a hit of approximately €1.3 billion on net income.

Energy Transition

Australia Needs Coal, Gas to Back up Renewables - Regulators

Australia's Energy Security Board proposed on Monday paying coal- and gas-fired generators for buffer supply on the grid but offering longer-term contracts for …