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Carbon Neutral
Advocates Cast Doubt on Qatar’s Carbon Neutral World Cup Efforts
Climate advocates have cast doubt on Qatar's efforts to host soccer's first carbon-neutral FIFA World Cup byoffseting or eliminating emissions that contribute t…
LNG
Europe’s Dash for Gas Puts Australia’s LNG Import Plans at Risk
Europe's race to replace Russian gas supply has threatened Australia's plans for five gas import terminals as they compete for key infrastructure, raising the r…
Oil Price
Oil Prices Jump After EU Leaders Agree to Ban Most Russian Crude Imports
Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year.
EU
EU’s Borrell Hopeful of Deal on Russian Oil Ban
European Union members should be able to reach an agreement on a new sanctions package against Russia, including imposing restrictions on Russian oil imports, d…
EU
Soaring Solar Raw Materials Prices Could Thwart REPowerEU Plans
The REPowerEU initiative has the potential to add at least 420 gigawatts (GW) of solar installations by 2030; however, rising solar raw material costs could bec…
Oil Price
U.S., European Thirst for Fuel Sends Physical Oil Prices Soaring
Sky-high refining margins for diesel and gasoline in Europe and the United States, driven by a cutoff in Russian supply, has sent prices for some types of phy…
Russian Federation
Russia's Gazprom Continues Shipping Gas to Europe via Ukraine
The logo of Gazprom company is seen on the facade of a business centre in Saint Petersburg, Russia March 31, 2022. REUTERS/Reuters photographer/File PhotoRussia…
India
India Faces Wider Coal Shortages, Worsening Power-Outage Risks
India is expected to face a wider coal shortage during the quarter ending September over expectations of higher power demand, an internal power ministry present…
Germany
G7 Can Spearhead Climate Fight by Agreeing to Phase Out Coal, Germany Says
The Group of Seven countries can spearhead the fight against climate change and accelerate a pivot away from fossil fuels by agreeing to phase out coal power ge…
Hydrogen Project
Iberdrola Boss Pledges €3BN to Fuel Europe’s Green Hydrogen Economy
Ignacio Galán, chairman of Spanish energy giant Iberdrola, has announced at the World Economic Forum in Davos that the company will invest €3 billion ($3.2 bi…
Natural Gas
British Regulator Poised to Approve Shell North Sea Gas Project
A British regulator is expected to approve in the coming days a revised plan by Shell to develop a North Sea gas field, which had been initially rejected on env…
Saudi Aramco Shows Interest in Buying Valvoline’s Commercial Unit
Oil giant Saudi Aramco has approached motor oil and lubricant maker Valvoline Inc to buy its segment that caters to commercial customers, sources familiar with …
United States
TotalEnergies to Buy Stake in US Renewables Firm Clearway Energy
TotalEnergies SE said it will acquire a stake in a large US renewables developer, another move by the European energy giant to expand its footprint in the Ameri…
Electric Car
IEA: ‘Global Ev Sales Continue to Soar This Year’
Nearly two million EVs were sold in the first three months of the year, according to a new report
Natural Gas
Burning Gas to Produce Electricity Is ‘Stupid,’ the CEO of Power Giant Enel Says
In Francesco Starace’s opinion, change is coming to Europe, where the EU has said it wants to be carbon neutral by 2050.
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