Energy

United States

US Storage Player Offloads Stake

Apollo Funds will acquire 50% share in Broad Reach Power from existing investor EnCap and its partners

Energy Technology

China: New Sinopec Downstream Technology Process Developed

China's Sinopec has developed a steam-cracking technology to convert oil directly into high-demand petrochemical products such as ethylene and propylene, cuttin…

Natural Gas

Jonah, PureWest both Reach Natural-Gas Milestones

Separately, Jonah Energy and PureWest are announcing milestones in the privately held companies’ quests to market responsibly sourced natural gas.

Energy Transition

SOUTH AFRICA: AFD Lends $100M to FirstRand for Climate Change Mitigation Projects

The French Development Agency is approving a $100 million loan for FirstRand Bank, the subsidiary of the FirstRand Group.

Wave Energy

Mocean Energy Wave Prototype Completes Sea Trials

Mocean Energy’s Blue X wave energy machine has returned to dock after a successful five-month test period at sea.

Crude Oil

Biden Announces Global Effort to Ease Energy Costs

US president orders 50 million barrels of oil to be released from nation's strategic petroleum reserve

Hydrogen Project

EU to Revamp Market Laws for Hydrogen

The European Commission is expected to propose major reforms to its 2009 third energy package to boost uptake of hydrogen in the bloc.

Energy Saving

Energy Efficiency Improvements are Too Slow to Reach Net Zero

Global energy efficiency improvements are returning to pre-pandemic levels;

RCEP

Upgraded China-ASEAN Partnership Amplifies RCEP co-op

HF SPIRIT, a freighter sailing from Jakarta, capital of Indonesia, arrived at the Qinzhou Port in south China's Guangxi Zhuang Autonomous Region on Nov. 20, bri…

Nuclear Power Plant

Nuclear a Key Part of New Energy Future

From January to August, China's nuclear power generation stood at 269.9 billion kilowatt hours, accounting for 5.01 percent of national power generation.

Energy Subsidies

Romania Hopes Second Call for Solar Subsidies to be Successful

Romania will subsidize households with EUR 57 million for the installation of solar power panels.

Nuclear Power Plant

Galushchenko: 15 Power Units of Ukrainian NPPs will be in Operation in February

Ukraine's National Nuclear Energy Generating Company Energoatom may connect all 15 power units of nuclear power plants to the energy system in February 2022.

Wind Power Project

Israeli-led JV Targets 1.25GW in Poland

Nofar Energy and Polish partner Electrum looking at both wind and solar projects

Combined cycle power plant

EDF Consortium Wins Tender for Combined Cycle Plant in Uzbekistan

Uzbekistan’s Ministry of Energy has announced that a consortium of Électricité de France, Nebras Power and Sojitz Corporation has won a tender to build a com…

Electric Car

New Homes in England Must have Electric Vehicle Charging Points, Government Says

Adequate charging options will be crucial when it comes to challenging perceptions surrounding range anxiety.