Energy

Offshore Wind Power

Japan’s TEPCO and Scotland’s Flotation Energy Eye Offshore Wind Prospects

TEPCO Renewable Power, a subsidiary of Japanese utility Tokyo Electric Power Company (TEPCO), is teaming up with Flotation Energy to develop the offshore wind m…

Natural Gas

Uniper’s Net Losses Reach €40.4bn as Gas Crisis Continues

German energy company Uniper has reported that net losses in the first nine months of the year had reached €40.4 billion ($39 billion), against a €4.7 billion…

Rising Interest Rates Weigh on Renewable Growth

European renewable stocks have fallen 20% since August.

Electric Car

German Tech Firm to Launch $25,000 Solar Car Next Year

German tech Sono firms expects to launch solar-powered EV in 2023.

Biden Unveils $13.5 Billion Package to Ease Home Energy Costs

U.S. President Joe Biden has announced plans to shell out $13.5 billion to help reduce energy costs for low- and moderate-income households.

Oil Price

BP Looking at Billions in Buybacks for Q4

British oil and gas supermajor BP Plc. has announced plans to buy back $2.5 billion in shares after an impressive third quarter.

Is This the Next Big Step for Geothermal Energy?

Geothermal energy could become one of the most cost-effective ways of producing clean energy.

Natural Gas

Chesapeake Points to Rising Costs in Fastest-Growing U.S. Gas Field

Chesapeake Energy on Wednesday said inflation in the fastest growing U.S. shale gas region could surpass 15% next year, a sign that soaring costs for energy pro…

Wave Energy

Sea Trials Show Promising Results for AWS Wave Energy Device

​Inverness-based AWS Ocean Energy has announced encouraging results from the current phase of sea trials of its wave energy device at the European Marine Energ…

Wärtsilä Reciprocating Engine Undergoes Hydrogen Pilot

Utility company WEC Energy Group and Electric Power Research Institute (EPRI) were among the partners to announce the completion of a hydrogen blending pilot pr…

Offshore Wind Power

Japan's TEPCO Renewable to Buy British Offshore Wind Power Firm

TEPCO Renewable Power, a unit of Tokyo Electric Power Company Holdings, said on Wednesday it will buy 100% stake in Flotation Energy, a British floating offshor…

Denmark

Equinor to Acquire Danish Solar Power Developer

Norwegian energy firm Equinor said on Wednesday it had agreed to buy Denmark's BeGreen, a solar project developer in north-west Europe, for an undisclosed sum. …

Electric Vehicle Charging

UK Councils Set to Double EV Charging Capacity – British Gas

UK councils are set to install more than 16,500 electric vehicle (EV) charging points over the next 12 months.

Oil&Gas Drilling

ADNOC Awards Record US$4bn in Framework Agreements for IDFS

In a positive move for lower energy cost & low carbon intensive production, contracts have been awarded to ADNOC Drilling, SLB and Halliburton.

Net Zero Emission

UK Regulator Scraps CoP Reports Requirement to Bolster Energy Security

UK’s regulator, the North Sea Transition Authority (NSTA), says that the industry will make significant savings in time and money following its move to cut red…