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Oil Field

How Norway Can Expand Its Oil Industry and Reduce Emissions

Norway is aiming to cut its emissions by 55 percent from 1990 levels by the end of the decade, an ambitious target for the world’s 13th largest oil-producing n…

LNG

Japan's Mitsui Nears Decision to Join New Sakhalin-2 Operator, Nikkei Reports

The logo of Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, January 10, 2018. REUTERS/Toru HanaiJapanese trading firm Mitsui & Co is close to mak…

India

India May Not Reach 175GW RE Capacity Target by 2022: Fitch

The passage of the Energy Conservation (Amendment) Bill will support its growth.

Wind Farm

Uzbekistan and ACWA Power Sign $1Bn Clean Energy Agreements

Saudi Arabian power company ACWA Power has signed three energy agreements with Uzbekistan’s Ministry of Energy totalling $12 billion.

Solar Power Plant

ReNew’s US $1Bn ECB Loan for Pan-India Renewables Project

ReNew says 12 international lenders, led by Rabobank, will finance the largest ECB project finance loan in India’s renewable sector, for any single project.

Smart Meter

Switch2 Energy Releases Heat Savings Calculator amid Cost of Living Crisis in UK

As energy bills are on a staggering rise, a new heat network efficiency savings calculator has been made available to UK network operators by Switch2 Energy as …

Nuclear Power Plant

Japanese Support for a Nuclear Restart Is at Its Highest Since Fukushima Disaster, Says Former IEA Executive Director

In a first for Japan since the Fukushima nuclear disaster in 2011, public support for a nuclear restart is now at more than 60%, said a former executive directo…

Offshore Wind Power

Iberdrola Aims to Design Offshore Wind Farms That Protect the Environment

Offshore wind energy projects will be key to the growth of the electric utility, which has around 1,300 MW in operation and a further 5,500 MW under constructio…

Natural Gas

Uniper Records $12BN Loss in First Half of 2022 Due to Gas Crisis

Uniper has reported a significant net loss in the first half of 2022 due in large part to the underperformance of its gas business.

United States

US DOE Announces $44M Funding for EGS Innovation Projects

Through Utah FORGE, the U.S. Department of Energy will provide funding for up to 17 awards that will build on FORGE's existing work on EGS technologies.

Natural Gas

Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss

German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…

Crude Oil

U.S. Big Company Oil Reserves up 13% Since 2017, Deals Drive Recent Growth -Study

U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with…

CCS

Renewable Energy, Electrification Big Winners in Inflation Reduction Act

The U.S. House on Aug. 12 passed a bill with major implications for the power generation industry, joining the U.S. Senate in supporting the Inflation Reduction…

Energy Investment

‘Tepid’ Demand for U.S. Sustainable Funds in July, Report Says

Investors deposited $120 million into U.S. sustainable funds last month, a "tepid" amount of inflows that coincided with a broader retreat from mutual funds and…

Wind Turbine

Azure Power Signs Deal With Siemens Gamesa for Wind Turbines

Siemens Gamesa to supply 96 units of SG3.6-145 onshore wind turbines to be supplied to Indian independent sustainable energy solutions provider Azure Power