Bill

BlackRock Raises $4.5 Bln for Climate-Focused Infrastructure Fund

BlackRock Inc has raised $4.5 billion out of an overall $7.5 billion-target for a new fund to invest in infrastructure assets aimed at climate-focused projects.…

Hydrogen Project

Asia’s Richest Person Adani Aims for Europe With Huge Morocco Clean Energy Project

Billionaire's conglomerate is considering building wind and solar generation plants in the North African nation and units to produce green hydrogen for export. …

Energy Transition

S.Africa's Energy Transition Plan Needs $46.5 Bln, Five Times Pledges - Sources

South Africa's plan to kick-start its transition from coal to renewable energy will need $46.5 billion, more than five times the $8.5 billion Western nations ha…

Net Zero Emission

U.S. EPA Begins Work to Set up $27 Bln Green Bank

The Environmental Protection Agency (EPA) on Friday began the process of designing a $27 billion green bank that will offer grants to disadvantaged communities …

Electricity Transmission

EIB Invests Nearly Half a Billion Euros in Major German Grid Expansion Plan

The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity …

Natural Gas

German Government May Have to Inject Another $39 Billion in Energy Giant Uniper

The German government may have to pour another up to $39 billion (40 billion euros) in saving the country’s largest natural gas importer, Uniper.

Oil Refinery

Exxon Selling Montana Oil Refinery to Par Pacific in $310 Million Deal

Exxon Mobil Corp on Thursday agreed to sell its Billings, Montana, refinery and related pipeline properties to Par Pacific Holdings Inc for $310 million.

OPEC

U.S. Senate Panel Advances Bill to Rein In OPEC+ Over Oil Output Cut

A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after the oil producer group led by Saudi Arabia and Russia this month agr…

Hydrogen Production

High Gas Prices Spur Green Hydrogen Investment -Report

Soaring natural gas prices have made hydrogen produced from fossil fuels increasingly uneconomic and spurred more than $70 billion of new investment in hydrogen…

Australia

Australia Promises Billions for Renewable Projects to ‘Rewire’ Power Grid

Australia on Wednesday announced plans to build renewable energy zones, wind projects and underwater electricity interconnectors, as it looks to build its renew…

Carbon Emissions

IEA: Global CO2 Emissions to Grow, but by a Fraction of 2021’s Increase

IEA said it expects CO2 emissions to increase by nearly 300 million metric tons in 2022, to a total of 33.8 billion metric tons.

Energy Saving

Nights in and Packed Lunches - Britons Seek Savings to Cover Energy Bills

Britons are spending more nights in, taking packed lunches to work and eschewing new clothes and treats to ensure they can cover rising energy bills this autumn…

United Kingdom

UK Energy Price Cap ‘Could Soon Be Scrapped’

Officials are considering scrapping the price cap when the UK government’s energy bill package ends in October 2024.

Natural Gas

BP Buying Leading RNG Production Group in $4.1 Billion Deal

British oil major BP is continuing to diversify its energy portfolio, announcing a deal to acquire a company considered an industry leader in production of rene…

Nuclear Fusion

How Nuclear Fusion Reactors Like This One Could Change the World

Amid an energy crunch and spiralling household bills, there is renewed interest in fusion energy