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Natural Gas
Why Overly Confident U.S. Drillers Ditched Their Hedges
Some Big Oil companies are so confident that high oil prices are here to stay that they have completely ditched their hedges.
Energy Transition
British Energy Giant Bp to Buy Biogas Producer Archaea in $4.1bn Deal
Archaea Energy operates 50 renewable natural gas and landfill gas-to-energy facilities across the US, producing around 6,000 barrels of oil equivalent a day of …
Paris Climate Agreement
UN: ‘Some of the World’s Glaciers Are Beyond Saving’
Africa’s last glaciers will all have melted by 2050, the research claims.
Electric Vehicle Battery
EDF Renewables Building 50MW Battery Site
The site will reportedly be able to power 100,000 homes with clean energy for two hours.
Smart Grid
First Virtual Power Plant Inaugurated in Greek Energy Market
Driven by Greek electricity market reform, emsys VPP has announced the inauguration of the first Virtual Power Plant (VPP) into the Greek electricity market.The…
Electricity Transmission
Transgrid Completes Smart Interconnector Upgrades
Australian utility Transgrid has used SmartValve technology from US-based grid enhancing technology company Smart Wires to improve the efficiency and capacity o…
Offshore Wind Power
Japan’s TEPCO and Scotland’s Flotation Energy Eye Offshore Wind Prospects
TEPCO Renewable Power, a subsidiary of Japanese utility Tokyo Electric Power Company (TEPCO), is teaming up with Flotation Energy to develop the offshore wind m…
Natural Gas
Uniper’s Net Losses Reach €40.4bn as Gas Crisis Continues
German energy company Uniper has reported that net losses in the first nine months of the year had reached €40.4 billion ($39 billion), against a €4.7 billion…
Net Zero Emission
MIT Amps up Research to Reduce Methane Emissions by 2030
One of the most notable climate change provisions in the 2022 Inflation Reduction Act is the first U.S. federal tax on a greenhouse gas (GHG).
Rising Interest Rates Weigh on Renewable Growth
European renewable stocks have fallen 20% since August.
Crude Oil
North America Leads $370 Billion Global Push for Oil & Gas Pipelines
Westwood’s upcoming onshore pipeline market forecast has revealed that between 2022 and 2028, the world will spend almost $370 billion on new oil and gas pipel…
Biden Unveils $13.5 Billion Package to Ease Home Energy Costs
U.S. President Joe Biden has announced plans to shell out $13.5 billion to help reduce energy costs for low- and moderate-income households.
Oil Price
BP Looking at Billions in Buybacks for Q4
British oil and gas supermajor BP Plc. has announced plans to buy back $2.5 billion in shares after an impressive third quarter.
Is This the Next Big Step for Geothermal Energy?
Geothermal energy could become one of the most cost-effective ways of producing clean energy.
Natural Gas
Chesapeake Points to Rising Costs in Fastest-Growing U.S. Gas Field
Chesapeake Energy on Wednesday said inflation in the fastest growing U.S. shale gas region could surpass 15% next year, a sign that soaring costs for energy pro…
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