Energy

Electric Car

Hyundai to Introduce Another 17 Fully Electric Vehicle Models by 2030

South Korean automaker Hyundai has this week accelerated its electrification strategy with aims to introduce 17 new battery electric vehicle (BEV) models by 203…

Wind Farm

CPP Investments Supports Renewable Power Capital’s New Investments in European Onshore Renewables

Renewable Power Capital (RPC) entering the Swedish market with 100% acquisition of onshore wind farm from OX2

Nuclear Power Plant

Philippines Approves Revival of Nuclear Power to Help Replace Coal

Philippine President Rodrigo Duterte has signed an executive order to include nuclear power in the country’s energy mix, as authorities prepare for the phasing…

Europe Looks for Alternatives to Russian Energy

As fighting raged across Ukraine over the weekend, western countries moved quickly to disrupt Russia’s links to the global economy.

Energy Transition

Why $100 Oil Could Hurt the Energy Transition More Than It Helps

The surge in crude oil prices past $100 a barrel has raised a big question: Will this latest spike in the notoriously volatile oil market help to speed the glob…

Oil Price

IEA’s Reserves Release Won’t Stop Oil Prices Rising, Says Goldman

The International Energy Agency (IEA)’s decision to release 60 million barrels from emergency oil reserves is not sufficient to meet the supply shortfall cause…

Oil & Gas Supply

Sanctions on Russian Energy ‘on the Table,’ White House Says

The United States is “very open” to imposing sanctions on Russia’s oil and gas industry, White House spokeswoman Jen Psaki said on Wednesday, adding that it …

Wind Power Project

K2 Management Bags 2 Wind Projects in Pakistan

​Renewable energy engineering firm K2 Management (K2M) has been appointed as the independent engineer to two Liberty Wind projects in Pakistan, which has a com…

Wave Energy

Scottish Wave Energy Firm Lands £730,000 Funding

A wave power company has secured a major new investment to speed up the commercial rollout of its technology.

Firm, Siemens Energy Seal Power Deal

Information Communication Technology (ICT) company, 21st Century Technologies Limited has struck a new deal with Germany-based energy company, Siemens Energy to…

Offshore Wind Power

TotalEnergies Begin Development of Offshore Wind Farm

TotalEnergies has successfully been named a winner of maritime lease area OCS-A 0538 by the Bureau of Ocean Energy Management (BOEM) in the New York Bight aucti…

Oil & Gas Supply

ExxonMobil to Exit Russian Oil and Gas Operations Amid Ukraine Crisis

The American energy major is beginning the process to pull out from the Sakhalin-1 venture, in Russia.

Wind Power Project

Uzbekistan Announces Wind Project

Uzbekistan’s Ministry of Energy announces a milestone development at its 100 MW Nukus wind project, in conjunction with its operational partner, ACWA Power, th…

Australia

The Billionaire Attempting to Kill Australia’s Coal Industry

In all of the Paris Climate Agreement scenarios that could feasibly keep the world from heating by more than 1.5 degrees Celsius over pre-industrial averages, c…

LNG

Italy Halts Funding for $21 Billion Arctic LNG 2 Project

Italy has halted its share of the financing for the Arctic LNG 2 project, as Western companies and countries continue to sell their stakes in Russian energy pro…