Bill

Oil Price

Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol

The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s…

Hydrogen Project

EU Approves up to $5.2 Billion in Public Funding for Hydrogen Projects

Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.

Natural Gas

Greece Extends Energy Bill Subsidies Ahead of ‘Winter Battle’

Greece will pay out a further 1.1 billion euros in power bill subsidies in October to shield households and businesses from the impact of soaring energy prices …

United Kingdom

Cost of UK Support to Cap Energy Bills to Be Set Out on Friday

Britain's government will set out on Friday the cost of capping energy prices for households and businesses over the next few months.

Hydrogen Project

EU Gives Green Light for $5.2 Bln in State Aid for Hydrogen Development

The European Commission on Wednesday said it has approved 5.2 billion euros in public funding by 13 EU member states aimed at boosting the supply of renewable a…

Natural Gas

Germany Takes Over Uniper, Raising Rescue Bill to $29 Bln

Germany confirms nationalisation of gas importer Uniper.

Natural Gas

Australia Court Scraps Drilling Permit for Santos’ $3.6 Bln Barossa Gas Project

Australia's Federal Court on Wednesday ruled in favour of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in…

Nuclear Power Plant

France Prepares to Nationalize Its Struggling Nuclear Industry

The French government already owns 84% of Électricité de France, but it is now planning to fully nationalize the company just as the company warns of a huge 2…

Energy Transition

UN Secretary-General Calls for a Fossil Fuels Intervention

The fossil fuel industry is "feasting" on billions in subsidies and windfall profits as "our planet burns," UN Secretary-General Antonio Guterres said on Tuesda…

Wind Turbine

Global Wind Turbine Order Intake Breaks Record in Q2

Strong activity in China pushed global wind turbine order intake to a new record of 43GW in quarter two of 2022 and up 36% from year-ago levels. This equates to…

Carbon Emissions

Swiss Could Hit CO2 Target With $156 Billion Package-Study

Switzerland could hit the target of halving carbon emissions by 2030 via a package of measures that would cost around 150 billion Swiss francs

Carbon Emissions

U.S. Farm Agency to Triple Investment in Climate-Friendly Farming

The U.S. Department of Agriculture will invest nearly $3 billion in projects to reduce climate-harming emissions from farming and forestry, tripling the funding…

Solar Materials

Jinkosolar Signs Two Polysilicon Supply Contracts in a Month Totalling Nearly Us$30 Billion

JinkoSolar has signed a major polysilicon supply contract worth more than RMB103.3 billion (US$14.9 billion).

Hydrogen Project

Billionaire Forrest Launches 9GW Renewables-Fuelled Hydrogen Megaproject in Egypt

North African nation is on track to 'global powerhouse' for generation of green fuels, says Fortescue Future Industries chief at meeting with Egyptian president…

Energy Transition

Egypt Climate Champion Calls for New Metric on Climate Finance

Developing country climate financing needs should start being reframed at the U.N. climate summit in November, in order to move beyond the outdated – and unful…