Energy

EU

European Union Hopeful of Striking Energy Deal With Argentina Soon

The European Union said on Thursday that it hopes to sign an energy memorandum of understanding with Argentina "soon," as the region looks to tackle energy supp…

Electricity Transmission

Sun Cable Forms Asia Green Grid Network

This aims to boost partnerships to connect renewable energy in Asia.

Shell More Than Doubles Profits in Third Quarter

The company’s underlying profits reached $9.5 billion in the third quarter.

LNG

SG, Japan Ink MOC to Boost LNG Supply Chain

It will augment energy security for the market’s decarbonisation target.

Electric Car

Ford to Stop Fiesta and Push for EVs

The automaker is bringing an end to the sale of the UK’s most popular car

Energy-Eficient Building

E.ON to Reduce Buildings’ Energy Consumption by 20% As Winter Approaches

German electric utility company E.ON has announced efforts to reduce its energy consumption, which are expected to reduce energy use from its buildings by at le…

Nuclear Fusion

Tokamak Energy ST80-HTS Hailed as Next Step to Grid Fusion

Tokamak Energy has revealed plans for its latest prototype fusion reactor, claiming grid fusion is just over a decade away.

EU

EIB Group Supports REPowerEU Plan With €30BN Financing

Package of new, targeted financing is expected to mobilise up to €115bn of new investment by 2027, contributing to ending energy dependency on Russia.

EU

EU Gives 80 Mln Euro to N. Macedonia to Tackle Energy Crisis

The European Union pledged 80 million euros to North Macedonia to tackle energy crisis and it will help to build new generating capacities.

Nuclear Power Plant

U.S. Developing Domestic Uranium Strategy -Energy Secretary

The United States is working on supplying its own uranium for existing and advanced nuclear reactors that could become commercial in the future to reduce depend…

Oil Price

Italy’s Windfall Tax on Energy Companies Needs to Be Rewritten - PM

Italy needs to rewrite its windfall tax on energy companies that have benefited from surging oil and gas prices, Prime Minister Giorgia Meloni told parliament o…

France

French Power Group EDF Issues New Profit Warning

EDF said on Thursday it now expected a hit to its core earnings of around 32 billion euros because of lower nuclear production,a bigger loss than the 29 billion…

Electric Vehicle Battery

Eramet Examining Doubling of Lithium Capacity in Argentina

Eramet is studying potential to double a production target for its lithium project in Argentina as it responds to growing demand for minerals used in electric v…

LNG

TotalEnergies Clocks $9.9 Bln Profit in Q3, Books New Russian Impairment

TotalEnergies posted a sharp jump in its third quarter net profit compared with a year ago, as it joined other energy giants in its sector to have benefited fro…

LNG

Shell Posts $9.5 Bln Profit, Plans to Boost Dividend

Shell on Thursday posted a third-quarter profit of $9.45 billion, easing from the previous quarter's record high due to weaker refining and gas trading, as it a…