Eu

Net Zero

Swiss Energy System Could Be Independent and Carbon-Neutral by 2050

Researchers from EPFL and HES-SO Valais have modeled the Swiss energy system under the hypothetical constraints of carbon neutrality and energy independence by …

Offshore Wind Power

Denmark and Germany Sign Bornholm Energy Island Agreement, First Legally Binding Cooperation on Joint Offshore Renewable Energy Project in EU

German Federal Minister for Economic Affairs and Climate Action, Robert Habeck, and Danish Minister for Climate, Energy and Utilities, Lars Aagaard, have signed…

Wind Farm

The European Wind Energy Association Attacks Ribera’s Reform of the Electricity Market

European wind power generation companies have harshly attacked the electricity market reform project proposed by Spain. The proposal prepared by the Ministry he…

Crude Oil

Saudi Arabia to Cut Oil Output by 1 Million Barrels per Day to Boost Slumping Prices

　　The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. (…

Nuclear Reactor

Proxima Fusion Raises Funds for Fusion Plant Development

Munich-based start-up Proxima Fusion says it has completed its Pre-Seed fundraising of €7m ($7.48m) to support fusion power plant development based on the …

Nuclear Power Plant (NPP)

Framatome and Slovenské Elektrárne to Cooperate on New Vver Fuel

France's Framatome and Slovakia's Slovenské elektrárne have signed a memorandum of understanding on further developing their long-term rel…

Oil & Gas Trade

Oil Sales Plunge by 40PC in May Amid Economic Slowdown

KARACHI: The month of May witnessed a staggering 40 percent decline in oil sales compared to the same period last year, as the country grapples with an economic…

Natural Gas

LPG Prices Slashed by RS37/KG for June

ISLAMABAD: The government on Thursday lowered the prices of liquefied petroleum gas (LPG) by 15.88 percent or Rs37/kg for domestic and commercial consumers for …

Offshore Wind Power

OX2 Sells 27 MW Onshore Wind Farm in Italy

OX2 has signed a contract to sell a 27 MW onshore wind farm in Foggia, Italy, to Glennmont Partners, one of Europe’s largest fund managers focusing exclus…

Geothermal Heating Project

Transgeo Project Aims to Transform Abandoned Wells for Geothermal

The EU-funded TRANSGEO project aims to develop concepts and technologies that will help repurpose oil and gas infrastructure for geothermal applications.

Biofuel

BP to Use Honeywell’s Ecofining™ Technology to Produce SAF at 5 Sites in Us, Europe and Australia

BP's Cherry Point refinery in Washington state, where a biofuels production facility is planned to help make SAF (Photo: Honeywell)Honeywell announced May 3…

Clean Energy Transition

Vietnam Approves Power Development Plan for Cleaner Fuels

Power Development Plan VIII ("PDP8") calls for expansions to renewable energy generation and development of LNG facilities to aid a gradual phase-out of coal-fi…

Carbon Neutrality

JCB Announces the Latest Status of Carbon Neutrality

54.4% reduction in GHG emissions in 2022 compared to 2013TOKYO, June 1, 2023 - (JCN Newswire) - JCB Co., Ltd., Japan's only international payment brand, is …

Energy Storage Project

First ACC Gigafactory Inaugurated in France; Initial 13 GWh Capacity

Stellantis, TotalEnergies and Mercedes-Benz celebrated the inauguration of Automotive Cells Company’s (ACC) battery gigafactory in Billy-Berclau Douvrin, …

Green Hydrogen

Germany Aligns H2Global Funding with European Hydrogen Bank to Drive Green Hydrogen Transition

In a move to strengthen its support for the development of green hydrogen, Germany has announced plans to combine its H2Global funding scheme with the newly pro…