Energy

Natural Gas

Two more UK Energy Firms go Bust as Prices Soar

Two more UK energy firms have ceased trading amid soaring wholesale energy prices.

Oil Field

Occidental Sells Stakes in Two Ghana fields for $750 million

Houston-based Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corporatio…

Nuclear Reactor

Macron Commits to SMR Reactors and Green Hydrogen by 2030

French President Emmanuel Macron said that by 2030 France must be a leader in carbon-free power generation, placing the focus squarely on nuclear energy and gre…

Power Cable

EDF and SP Group to Connect Singapore and Indonesia with Subsea Cable

Singapore Power has signed a Memorandum of Understanding with French multinational electric utility EDF Group to develop a subsea energy transmission line conne…

Natural Gas

Northern Ireland Gas Storage Project Secures Greenlight as Prices Skyrocket

The UK government has approved the construction of a gas energy storage project in Northern Ireland amidst an energy crisis caused by natural gas supply constra…

Energy-Eficient Building

GGF Supports Novus in Building Energy-Efficient Supermarkets

The Green for Growth Fund – GGF joined the EBRD in providing a USD 100 million senior loan to Novus to finance the construction of energy-efficient supermarket…

China

China's September EV output, sales refresh highs

China's new energy vehicle production and sales continued to hit fresh highs in September in line with the country's aim of hitting peak carbon dioxide emission…

Hydrogen Project

Australian CS Energy, Japan IHI to Build Hydrogen Plant

Queensland state-controlled utility CS Energy and its joint venture partner Japanese engineering firm IHI will build a pilot hydrogen plant with capacity of 50,…

Solar Power Plant

Masdar to Develop Solar Projects in Republic of Iraq

Masdar, one of the world’s leading renewable energy companies, announced that it signed a strategic agreement with the Republic of Iraq to develop five solar P…

Wave Energy

Eco Wave Power Signs MoU to Commercialise Technology in China

Sweden-based Eco Wave Power has embarked on a partnership that will enable the commercialisation of its wave energy technology in China.

Coal Price

China’s Coal Prices Soar To All-Time High As Floods Shut Down Sixty Mines

Coal futures in China closed at a new record high on Monday

Biobattery

IVORY COAST: Movis to Transport Biomass from the Ayébo Power Plant

Movis Ivory Coast has signed a partnership agreement with the company Biovea Energie. The subsidiary of Movis International will transport biomass to supply the…

Net Zero Emission

Chevron Adopts Net Zero Emissions 'Aspiration'

Under pressure to move more aggressively on the energy transition front, US oil producer Chevron committed to a 2050 net zero "aspiration" for operational emiss…

Chile

Sonnedix Awarded 39% of Total Energy Supply in Chile

Sonnedix, the global solar independent power producer has been awarded 903 GWh/yr, equivalent to 39% of the National and International Public Tender for the Sup…

Coal-Fired Power Plants

Bulgaria Mulls 2040 for the End of Coal

The government is considering three possible deadlines for the closure of coal-fired power plants – by 2035, 2038 or 2040, Energy Minister Andrey Zhivkov has a…