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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.

Saudi Aramco Signs Agreements Worth $11BN With Manufacturers

The move could create 5,000 jobs in Saudi Arabia over the next decade

United Kingdom

UK to Spend £20BN Closing off 2,000 Oil and Gas Wells in Next Decade, Report Says

Offshore Energies UK estimates 200 wells will be decommissioned every year at a cost of £7.8m each

Distributed energy

UAE Issues Law to Regulate Linkage of Renewable Energy Production Units to the Grid

The legislation seeks to contribute to the country’s efforts towards achieving net zero emissions by 2050

United Kingdom

Shell Reviews £25BN UK Investments Plan Because of Windfall Tax

The government recently extended the money raising measure

Oil Refinery

Strike at BP’s Largest European Refinery Could Deepen Diesel Crisis

Refinery workers at BP’s biggest refinery in Europe are on a partial strike over demands for higher wages and will not cooperate in efforts to restart the Rott…

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.

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…

Hydrogen Project

Air Liquide and Totalenergies to Produce Low-Carbon Hydrogen in France

Industrial gases company Air Liquide and TotalEnergies plan to produce low-carbon hydrogen at the Grandpuits site in France, the pair said on Tuesday, as France…

Carbon Emissions

Researchers Identify Carbon ‘Conveyor Belt’ in Arctic

Annually, the cross-shelf transport of carbon-rich particles from the Barents and Kara Seas can bind up to 3.6 million metric tons of CO2 in the Arctic deep sea…

Electric Vehicle Battery

MIT Advance Paves Way for High-Density Batteries That Handle Stress

The field of battery research is riddled with roadblocks and bottlenecks, but there is one problem that rears its head more than most.