B

OPEC

Iraq Reiterates Support for OPEC+, Saudi Arabia

Iraq's foreign ministry said late on Tuesday that it refuses any threatening or pressuring policy.

Carbon Emissions

Forecasts of Future Arctic Carbon Emissions

Permafrost in the rapidly melting Arctic will probably release as much carbon dioxide and methane into the atmosphere as a large industrial nation by the end of…

Offshore Wind Power

Latin America Offshore Wind to See 34 GW of Installed Capacity by 2050

Activity will be driven by off-grid green hydrogen projects, with Brazil and Colombia leading the way.

Oil Price

Biden to Lay Out Plan to Complete Emergency Oil Sales, Support U.S. Production

U.S. President Joe Biden will announce a plan on Wednesday to sell off the last portion of his release from the nation's emergency oil reserve by year's end, an…

Natural Gas

EU Leaders Will Discuss Gas Price Cap for Power Generation, Michel Says

European Union leaders will discuss putting a cap for the price of gas used to generate electricity - over which member states are divided - when they meet for …

Oil Refinery

Exxon Mobil Says French Refineries Could Take 2-3 Weeks to Fully Restart

Exxon Mobil's 140,000 barrel per day (bpd) fos-Sur-Mer and 240,000 bpd Port Jerome-Gravenchon oil refineries in France could take 2-3 weeks to fully restart aft…

Ireland

Ireland to Extend Business Energy Supports to Newly Opened Businesses

Irish businesses that have opened in the last year will be able to avail of an energy grant scheme that was initially limited to those that had been established…

Energy Transition

BlackRock Tells UK ‘No’ to Halting Investment in Coal, Oil and Gas

BlackRock, the world's biggest asset manager, told a British parliamentary committee that it will not stop investing in coal, oil and gas, and that its role was…

Offshore Wind Power

U.S. To Hold Offshore Wind Power Rights Sale off California Coast in December

President Joe Biden's administration on Tuesday said it would hold the first ever sale of offshore wind development rights off the coast of California on Dec. 6…

Oilfield Services Giants Are Primed to Post Very Strong Earnings

The biggest oilfield services providers are expected to report this week and analysts expect a strong set of results for the third quarter. In fact, expectation…

Natural Gas

EU Publishes Emergency Gas Cap Proposal

The European Commission outlined steps on Tuesday to battle ongoing high prices for natural gas.

Solar Power Plant

A Quarter of Europe’s Solar and Battery Manufacturing Capacity Is at Risk

Soaring energy prices are threatening Europe’s renewable supply chain.

Nord Stream 2

Gazprom Says a Big Section of the Nord Stream Pipelines Need to Be Replaced

Gazprom CEO Alexei Miller said late last week that a big section of the damaged Nord Stream 1 & 2 gas pipelines would need to be replaced.

Will Bioenergy Ever Be Competitive?

New research found that miscanthus and sorghum – both C4 plant species – occupy a distinct niche of the leaf economics spectrum (LES), with greater photosynth…

Solar Power Plant

Iberdrola Commits to up to €3BN in Investment in Australia

The Spanish renewable energy giant aims to further consolidate its position in Australia, which presents a key energy market for the company.