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Crude Oil

Guyana Gets $106 Million From Exxon for Oil From Newest Offshore Platform

Guyana sold its first share of crude oil from the country's newest offshore production facility to Exxon Mobil (XOM.N) for about $106 million, the government sa…

Oman

H2 Industries to Develop $1.4Billion Waste-To-Hydrogen Plant in Oman

The 200,000-square-metre centre will initially convert up to 1 million tonnes of municipal solid waste each year.

Wind Farm

Iberdrola Acquires Rights to 1GW Onshore Wind Farm in Australia

Spread across more than 50,000ha, Mount James is claimed to be the largest onshore wind farm in the world.

Carbon Emissions

A New Report Identifies the Highest Carbon Emitter in East Africa

​A recently released report focused on carbon emissions says East Africa’s carbon emissions increased 6.5% between 2000 and 2017.

Australia

Australia ‘Has Just 68 Days of Oil Reserves’

The country is nearly 91% dependent on imported oil, a public policy think tank has warned.

Offshore Wind Power

Rystad Energy: Europe to Break Offshore Wind Capacity Records

New offshore wind capacity additions in Europe are poised to hit a record high this year, topping 4 GW for the first time and more than doubling additions seen …

Natural Gas

Germany's New Gas Storage Law - How Will It Work?

A bill to guarantee minimum gas storage levels in Germany, whose underground facilities account for a quarter of the EU bloc's total capacity, will kick in from…

Japan

Japan’s KHI Develops Liquefied Hydrogen Carrier

Japanese shipbuilder Kawasaki Heavy Industries (KHI) has developed a 160,000m³ liquefied hydrogen carrier, targeting for it to be commissioned in the latter ha…

Net Zero Emission

100% Renewable Powered Bitcoin Mining Facility to Prove Concept

Bitcoin solution providers Blockstream and Block are developing a solar and battery-powered mining facility as a proof-of-concept.

Nuclear Power Plant

Pakistan’s Karachi Nuclear Unit 3 Reaches Commercial Operation

Unit 3 of the Karachi nuclear power plant in Pakistan has reached full power operation for the first time, a milestone reached on 31 March 2022.

Electric Vehicle Charging

Cyprus Injects $1.6M into Photovoltaic EV Charging

A €1.5 million sponsorship plan for the installation of photovoltaic (PV) systems for electric and hybrid plug-in vehicle charging has been approved by Cyprus…

Offshore Wind Power

Energy Prices to Remain Significantly Above Average up to 2030 and Beyond

Research from Cornwall Insight looking at Great Britain’s (GB) Power Market out to 2030 has shown energy prices will remain in excess of £100/MWh annually.

Nord Stream 2

Ukraine Lobbies for Cuts in Russian Nord Stream 1 Gas Shipments

Ukraine is working behind the scenes to convince Western allies to shift Russia’s shipments of natural gas from the Nord Stream 1 pipeline to Ukraine’s pipeli…

World Needs Extra $1.3 Trillion Energy Investment by 2030

The world needs to find $1.3 trillion of incremental investment by 2030 to boost all types of energy output and infrastructure from renewables to oil and gas to…

Net Zero Emission

Intel Commits to Net Zero by 2040

By 2030, it is targeting 100% renewable energy use and a $300m investment in energy saving measures.