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World Energy Outlook

South America to Stay ‘Key Region for High-Impact Exploration’, Westwood Says in 2023 Outlook

High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy mar…

Carbon capture

EU Approves €1.1 Billion Danish Scheme for Carbon Capture and Storage

The European Commission has given its approval for a €1.1 billion scheme to support the roll-out of carbon capture and storage (CCS) technologies in Denmar…

Coal Trade

Guangdong Ports Lift Restrictions on Australia Coals

The Guangdong port in south China has been the first among Chinese ports to lift restrictions on Australian coals today, according to a source at an internation…

Electricity Transmission

GFH’s Infrastructure Platform Co-invests in European Electricity Distribution Company

Aurora is one of the largest industrial electricity distribution networks in the Nordic region.GFH Financial Group's sustainable infrastructure platform, In…

LNG

Europe’s Scramble for Natural Gas Will Not Affect Renewable Energy Transition, Irena Says

Francesco La Camera, director general of Irena, at an event in Berlin. EPAThe transition to renewable energy will remain steady in the long-term even as Europea…

United States

Oil Prices Rise After Surging 3% On China Recovery Optimism

Pump jacks at an oilfield in Texas. Oil futures gained despite a surprise rise in US crude stocks.Oil prices rose on Thursday after surging by about 3 per cent …

Electric Car

Suzuki Turns to Toyota for Lessons in Building Small Electric Cars

Suzuki founder Toshihiro Suzuki, left, with the new Maruti Suzuki EVX at the 2023 Auto Expo in India. BloombergJapanese car maker Suzuki plans to learn from par…

Wave Energy

Pioneering U.S. Wave Energy Power Plant Unveiled

One of the first U.S.-based wave energy power plants is set to be deployed at AltaSea’s 35-acre campus located at the Port of Los Angeles. Israeli firm Ec…

Wind Farm

Other Re Sector in India to Expand Slower Than Solar

Onshore wind and biomass are seen to reach 90.3GW and 17.5GW in 2032, respectively.India will see its other renewable energy sectors such as wind and biomass in…

Energy Infrastructure

Electrical Systems Infrastructure Contract for Baltyk Offshore Wind Projects Awarded

Equinor and Polenergia have selected Hitachi Energy to deliver electrical systems infrastructure for the MFW Bałtyk II and MFW Bałtyk III offshore wind projec…

Energy Transition

Cambodia’s Energy Transition Program Gets ADB Boost

Source: Towfiqu Barbhuiya (Pexels)This includes a $50m loans and a $23m investment.The Asian Development Bank (ADB) has approved a $50m policy-based loan packag…

Solar Power Plant

Saft to Build Landmark New Zealand Storage System

French company Saft is to build New Zealand’s first large-scale, grid-connected battery energy storage system.Saft has been awarded a the contract by Meri…

Wind Farm

RWE Picks Siemens Gamesa for Denmark’s Largest Offshore Windfarm

Sven Utermöhlen of RWE Offshore Wind (left) and Marc Becker of Siemens Gamesa at the Danish National Test Center for Large Wind Turbines.RWE has signed a w…

Digitalization

Alliander Is Opening an AI Lab for Grid Digitalisation

Alliander has announced that it will be opening an ‘AI for Energy Grids Lab’ to coordinate research into Artificial Intelligence (AI) solutions to e…

France

Green Ammonia Used in New Ship Design to Supply and Store H2

Louis Dreyfus Armateurs has developed an innovative vessel design.The French shipowner’s unique vessel, which it developed through its Louis Dreyfus Ports and …