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Natural Gas

US Natural Gas Hits Highest Level Since 2008, on Pace for Best Month Ever as Russia Cuts Supply

Natural gas prices are surging around the world as scorching temperatures stoke demand for the fuel, and as Europe’s push to move away from Russian fuel roils …

Electric Car

Ferrari CEO Shrugs off Concerns About EV Performance

The carmaker plans to launch a fully electric vehicle in 2025.

Energy Storage Battery

Equinor Buys US Battery Storage Developer East Point Energy

Headquartered in Charlottesville, Virginia, the company has a 4.1GW pipeline of early to mid-stage battery storage projects focused on the US East Coast

Wave Energy

First Composite Hull for Corpower’s Wave Energy Converter

CorPower Ocean has teamed up with composite machinery specialist Autonational and composite tank firm CPT Tankwell to develop its first commercial-scale hull in…

Hydrogen Production

ACWA Power, POSCO Partner to Develop Green Hydrogen in South Korea

The MoU seeks to decarbonise POSCO Group’s power generation.

Ørsted to Acquire Wind and Solar PV Developer Ostwind

Ostwind’s portfolio includes 152MW in operation and under construction and around 526MW in advanced development stages.

The Future Is Bright for Artificial Intelligence in the Middle East

Several nations are embracing AI to diversify and bolster their economies.

Crude Oil

Guyana Poised to Break $1 Billion in Oil and Gas Revenue This Year

Guyana’s government oil and gas revenue is set to surpass $1 billion in 2022.

Brillouin Energy Demonstrates High-Tech Boiler That Can Pave the Way to a Clean Energy Future

Brillouin Energy Corp will demonstrate publicly at ICCF24 a revolutionary new high-tech boiler system that can help the world transition from fossil fuel energy…

Solar Power Panel

A Pilot Project in the North Sea Will Develop Floating Solar Panels That Glide Over Waves ‘Like a Carpet’

German energy firm RWE is to invest in a pilot project centered around the deployment of floating solar technology in the North Sea.

United Kingdom

Centrica Slams Octopus’ Proposals for Protecting Consumer Credit Balances

Independent review conducted on behalf of British Gas found that a compulsory co-insurance model would not protect credit balances

Electric Car

Volkswagen-Backed Northvolt to Develop Wood-Based Batteries for EVs

The attempt to develop battery materials from a range of sources comes as major European economies lay out plans to move away from road-based vehicles that use …

Net Zero Emission

Shanghai Electric Group Launches Low Carbon Business

Shanghai Electric New Energy Development Co. signals Shanghai Electric Group's move into the green, low-carbon business

France

Hazard Map in Aid of Geothermal Projects Developed in France

The multidisciplinary hazard map developed by BRGM and Cerema has helped in creating regulatory zones for geothermal drilling in several regions in France.

SMR

More Nuclear Heat for Arctic Town

The floating nuclear power plant at Pevek in the Russian Arctic is moving towards its goal of heating all the homes in the town.