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Tesla Gigafactory Catches Fire in Germany
A major fire appears to have broken out at Tesla's Berlin recycling plant, prompting a local group of environmentalists who have been fighting the company to ca…
Carbon Emissions
Emirates Steel Arkan Teams up With Japanese Companies to Produce Low-Carbon Steel
Partners plan to build a ferrous raw material production facility in Abu Dhabi to meet growing demand for green steel
Offshore Wind Power
Masdar and Germany’s RWE Renewables Sign Offshore Wind Projects Agreement
Companies to identify opportunities globally amid push for renewable energy deployment
Hydrogen Technology
Vattenfall Commissions Pilot Facility in 100GWH Green Hydrogen Underground Cavern in Sweden
Swedish state-owned energy company Vattenfall has commissioned a green hydrogen storage pilot facility within a 100GWh capacity cavern.
Asia to Account 63% Of Renewable Capacity Additions Until 2031
Around 66% will be coming from the non-hydropower sector.
Energy Transition
Energy Firms ‘on Track’ to Meet Energy Transition Target: Report
More than 40% of companies are expected to be powered by renewables by 2030.
Crude Oil
APPEC EU Sanctions, Price Cap on Russian Oil to Raise Shipping Hurdles
Oil markets are bracing for the biggest shift in global trade flows ever as nearly 3 million barrels per day of Russian crude oil
Net Zero Emission
Saudi Arabia Launches Five Renewable Energy Projects
The new wind and solar farms will have a total capacity of 3,300 megawatts
Crude Oil
Brent Crude Slides Below $85 a Barrel as Dollar Surges
Brent crude fell below $85 a barrel Monday, as recession fears weighed and the U.S. dollar surged.
Oil Price
Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol
The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s…
LNG
UAE Signs Energy Agreement With Germany’s Scholz
The president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan, has signed an agreement with German Chancellor Olaf Scholz that covers accelerat…
Switzerland
Switzerland on Course for Mild Start to Winter, Easing Energy Supply Fears
Switzerland is on track for a mild start to the winter and above average temperatures could even stretch into February.
Hydrogen Project
UAE Strikes Deal With German Companies to Develop Hydrogen Strategy
The Emirates signs agreement with global engineering and advisory company GHD and applied research organisation Fraunhofer-Gesellschaft
LNG
Adnoc Signs Agreements to Supply LNG and Diesel to Germany
State oil company will deliver the first LNG shipment in late 2022 to a floating import terminal near Hamburg
Energy Storage Technology
Renewables and Storage Are Better Together
The growth of intermittent renewable energy across the globe has necessitated the deployment of energy storage technologies to fully replace fossil fuels with c…
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