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New Quantum Solutions for the Energy Sector
Quantum computing in the energy sector is gaining ground with the development of new use cases by Italy’s Eni and EDF in France.
Solar Power Plant
Eni Launches Solar Lab and PV Plant to Decarbonise Oil Operations in Algeria
Italian oil major Eni and Algerian state-owned oil company Sonatrach have inaugurated a Solar Lab and laid the first stone of a new 10MW PV plant in the Bir Reb…
Oil Refinery
BP Says Rotterdam Refinery Remains Shut In Dispute Over Pay
BP said on Tuesday the planned restart of its large refinery in Rotterdam was on hold after unions said they would not help with the return to service due to a …
France
Markets Regulator Clears French Bid to Nationalise EDF Utility
French markets regulator AMF said on Tuesday it had cleared the French state's buyout bid, marking an important step in its plan to fully nationalise the loss-m…
Germany
German Finance Ministry Wants 33% Windfall Tax on Energy Firms - Die Welt
Germany's finance ministry aims to introduce a 33% tax on oil and gas companies that have benefited from windfall profits, Die Welt newspaper reported on Tuesda…
LNG
Sempra Strikes LNG Supply Deal With ConocoPhillips
Sempra Energy said on Tuesday that ConocoPhillips will buy five million tonnes per annum of liquefied natural gas (LNG) from Phase 1 of the Port Arthur LNG proj…
Electric Car
Mazda Unveils $11 Bln EV Spending Plan, Considers Investing in Battery Production
Japan's Mazda Motor Corp on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and said it was also considering investing in battery produ…
Energy Investment
Italy’s A2A Scales Down Investments to 16 Bln Euros by 2030 to Cut Carbon Footprint
Italy's largest regional utility A2A on Tuesday scaled back its investments aimed at cutting its carbon footprint, as volatility in energy markets prompted the …
Energy Investment
Britain’s Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns
North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the …
Energy Storage Technology
The Need for Long Duration Energy Storage (LDES) Technologies
LDES technologies are promising but must be improved to aid the deep decarbonisation of electric power systems.
United Kingdom
Shell Reviews £25BN UK Investments Plan Because of Windfall Tax
The government recently extended the money raising measure
OPEC
UAE Denies It Is Engaging in Discussion With Other OPEC+ Members to Change Their Latest Agreement - Minister
United Arab Emirates' energy minister said on Monday that the Gulf state denied that it is engaging in any discussion with other OPEC+ members to change their l…
Nuclear Fuel
Finland’s Fortum Turns to U.S. In Bid to Replace Russian Nuclear Fuel
Finnish power company Fortum on Tuesday said it was planning to begin buying nuclear fuel from U.S.-based Westinghouse Electric.
Hydrogen Production
Linde Starts Green Hydrogen Production in Greece
Linde, the world's largest industrial gases company, said on Tuesday it has started producing green hydrogen at its facilities in Greece.
Brazil
Brazil’s Incoming Government to Revoke Bolsonaro’s Biodiesel Mandate Decision
Brazil's incoming government will look to revoke a decision to keep the mandatory blend of biodiesel in diesel at 10% until March 31, 2023, a member of the tran…
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