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Natural Gas
Why the World Needs to Invest in Fossil Fuels
The CEO of Saudi Aramco made headlines this week when he once again highlighted the need for more investment in oil and natural gas.
Belgium
Thousands Take to the Streets in Belgium Against Soaring Energy Prices
Thousands of people protested against soaring electricity prices and costs of living in the Belgian capital Brussels on Wednesday, following a similar protest t…
Offshore Wind Power
Portugal Ups Debut Offshore Wind Auction Target to 10 GW
Portugal has raised the target for its debut offshore wind power auction to 10 gigawatts (GW).
Oil Refinery
Strike Action Hits Exxon Mobil’s Oil and Petrochemical Plants in France
Strike action has reduced output at Exxon Mobil's 240,000 barrel per day (bpd) Port Jerome-Gravenchon oil refinery and Notre Dame de Gravenchon (NDG) petrochemi…
United Kingdom
Cost of UK Support to Cap Energy Bills to Be Set Out on Friday
Britain's government will set out on Friday the cost of capping energy prices for households and businesses over the next few months.
Hydrogen Project
EU Gives Green Light for $5.2 Bln in State Aid for Hydrogen Development
The European Commission on Wednesday said it has approved 5.2 billion euros in public funding by 13 EU member states aimed at boosting the supply of renewable a…
Hydrogen Production
South Korean Firms to Set up Green Energy Hub in Australia
Three major South Korean groups said on Wednesday they hope to build a green energy export hub in Australia's Queensland state, aiming to produce a million tonn…
Natural Gas
Germany Takes Over Uniper, Raising Rescue Bill to $29 Bln
Germany confirms nationalisation of gas importer Uniper.
Carbon Pricing
Britain’s Drax Signs Deal to Sell 2 Million U.S. Carbon Removal Credits
British power generator Drax has signed a memorandum of understanding with carbon finance firm Respira International
Net Zero Emission
GM Backs Setting Tough U.S. Emissions Targets for 2030
General Motors Co said on Tuesday it backed establishing tougher federal emissions standards to help ensure at least 50% of new vehicles sold by 2030 are zero-e…
Natural Gas
Australia Court Scraps Drilling Permit for Santos’ $3.6 Bln Barossa Gas Project
Australia's Federal Court on Wednesday ruled in favour of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in…
Natural Gas
Hungary Warns Against Further EU Sanctions on Russia
Hungary’s Foreign Minister Peter Szijjarto is warning that further EU sanctions on Russia would only hurt the bloc’s members.
Energy Transition
UN Secretary-General Calls for a Fossil Fuels Intervention
The fossil fuel industry is "feasting" on billions in subsidies and windfall profits as "our planet burns," UN Secretary-General Antonio Guterres said on Tuesda…
Coal-Fired Power Plants
TerraPraxis and Microsoft Partner to Decarbonise Coal Plants
Non-profit sustainability group TerraPraxis will partner with Microsoft to deliver a digital solution to support the repurposing of over 2,400 coal-fired power …
Solar Cell
Naturgy Builds 683 MW of Wind and Solar Power in Spain
The company currently has 20 wind farms and photovoltaic projects under construction and will start work on another 9 facilities in the coming weeks, with a tot…
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