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Hydropower Plant

Nigeria Offers Concession on $1.3 Billion China-Funded Hydro Power Plant

Nigeria plans to grant a concession on its $1.3 billion hydropower plant now under construction and is seeking bids from private investors to operate the China-…

Electric Vehicle Battery

Indonesia's Adaro Signs MoU With Hyundai for Aluminium Supply

Indonesian metals company PT Adaro Minerals Indonesia, Tbk has signed a memorandum of understanding (MoU) with South Korea's Hyundai Motor Company on aluminium …

Oil Price

Iraq Wants Stable Energy Prices, Prime Minister Says

Iraq is keen to maintain stable oil prices at not more than $100 per barrel, Prime Minister Mohammed Shia al-Sudani told reporters on Saturday.

Mexico

Mexico's Pemex to Work With EPA to Bring Down Methane Emissions

Mexican state oil company Pemex said Saturday that it would work with the U.S. Environmental Protection Agency (EPA) to reduce greenhouse gas emissions - especi…

Natural Gas

COP27: Israel Says Big Boost in Gas Supply to Europe Will Take Years

Israel will require several years before it can significantly increase its natural gas supplies to Europe, the country's energy ministry said on Friday.

United States

US West Faces Power Reliability Issues from Growing Use of Renewables

A group responsible for power market reliability in Western North America said the growing use of renewable generation will require the region to boost planning…

Canada

Canada, Nigeria Target Oil and Gas Methane Emissions With New Laws

Oil and gas producers Canada and Nigeria have become the latest countries to tackle the potent greenhouse gas methane with laws to rein in emissions in the foss…

Crude Oil

UK Considering Big Increase in Energy Windfall Tax, Sources Say

British finance minister Jeremy Hunt is considering a big increase in a windfall tax on oil and gas firms and extending it to power generation firms as he tries…

Electric Car

Synthetic Graphite Becomes Crucial to Meeting Battery Demand Surge

Rystad Energy: total EV sales this year will reach nearly 10 million units, a 43% jump from 2021 sales.

Hydrogen Project

Chevron, Keppel, Pertamina to Explore Green Hydrogen and Ammonia Projects in Indonesia

Chevron New Energies, Keppel New Energy and Pertamina Power Indonesia have signed a joint study agreement to explore the development of selected green hydrogen …

CCS

Chevron and Japan’s MOL to Explore CO2 Shipping From Singapore to Australia

They will look into the technical and commercial feasibility of initially transporting up to 2.5m tonnes per annum of liquefied CO2 by 2030.

Romania

Romanian Government Partially Regulates Energy Markets Until 2025

Romania's government changed its energy support scheme for households, small businesses and industry on Friday, partially regulating its power market until Marc…

Germany

German Budget Experts Push for Dividend Ban Tied to Energy Subsidies

Budget experts from Germany's ruling coalition on Friday stressed the need for a ban on dividends and bonuses being paid out at companies that benefit from gas …

Coal-Fired Power Plants

The $15 Billion Plan to Curtail Indonesia’s Coal Industry

The United States and Japan will lead a group of counties that will offer $15 billion to Indonesia for retiring its coal power plants earlier and moving on to l…

Oil Price

High Oil Prices Ignite the Middle Eastern IPO Market

Initial public offerings in the Middle East have flourished this year thanks to higher prices that have seen increased investor interest in the region.