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Energy Transition

Investors With $39 Trillion Urge Governments to Plan Fossil Fuel Phase Out

Investors managing $39 trillion have called on governments to raise their climate ambition, including setting plans to phase out fossil fuel use and forcing com…

Cyberattacks Are a Major Risk for the World’s Largest Oil Company

Cyberattacks are among the greatest risks Saudi Aramco faces these days, Amin Nasser, president and chief executive officer at the world’s biggest oil firm, sa…

Hydrogen Project

Billionaire Forrest Launches 9GW Renewables-Fuelled Hydrogen Megaproject in Egypt

North African nation is on track to 'global powerhouse' for generation of green fuels, says Fortescue Future Industries chief at meeting with Egyptian president…

Hydrogen Production

European Parliament to Vote on Scrapping Green Hydrogen ‘Additionality’ Requirements

Hydrogen Europe presses MEPs to relax toughest regulations on green hydrogen production so European developers can compete with the US

Energy Transition

Oxford Group: Decarbonizing Energy Would Save $12 Trillion

A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward re…

LNG

Central African Countries Champion 6500-Km of New Pipeline Construction

Central African countries have signed an agreement to construct three multinational oil and gas pipeline systems of around 6,500 km, storage depots, LNG termina…

EU

EU Approves €1.5BN Romanian Scheme to Compensate Energy-Intensive Firms

It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs, i.e. indirect emission costs, incurred b…

Wind Power Project

Onshore Wind to Play a Key Role in Achieving India’s 2030 Target

The country has almost 41GW of onshore wind capacity.

Net Zero Emission

Singapore Bank DBS Sets Decarbonisation Targets for Key Sectors

Singapore's DBS Group has set decarbonisation targets for nine industry sectors, including power, oil and gas, aviation and shipping, and reinforced its commitm…

Researchers at Sandia Lab Successfully Test New Power Generation Technology

Researchers at Sandia National Laboratories in New Mexico announced they completed a successful test of a new power-generating technology.

Nuclear Power Plant

European Power Prices Drop as Nuclear, Wind, and Solar Surge

Higher nuclear power generation in France and more solar and wind supply out of Germany eased Europe's prompt power prices early on Monday.

Hydrogen Project

Samsung Advances Green Hydrogen Project in Malaysia

H2biscus in Sarawak will also produce ammonia for export to South Korea.

Geothermal Power Plant

US Department of Energy Launches Geothermal Earthshot Initiative

This is the DoE's fourth energy Earthshot initiative launched in the Biden administration

Energy Transition

Egypt Climate Champion Calls for New Metric on Climate Finance

Developing country climate financing needs should start being reframed at the U.N. climate summit in November, in order to move beyond the outdated – and unful…

Electric Car

Factbox: U.S. Climate Package Jump-Starts EV, Clean Energy Projects

U.S. President Joe Biden's signing of the Infrastructure Reduction Act (IRA) on Aug. 16 unlocked hundreds of billions of dollars in climate-related investments.…