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Hydrogen Technology
DOE Awards GE Two Projects to Test Hydrogen Combustion
General Electric (GE) has been awarded two projects from the U.S. Dept. of Energy (DOE) as it continues to develop and test equipment and systems needed for hyd…
Carbon Emissions
Tesla Investor Streur Says Carmaker Still Believes in ESG
Tesla Inc CEO Elon Musk may have denounced business use of environmental, social and governance (ESG) factors as a "scam" last week but one sustainable investin…
United States
Small Us Businesses Granted $53M for Clean Energy and Climate Solutions
It will support 259 projects across 38 states that cover security and resilience, renewable energy, energy storage, carbon capture and conversion and fusion ene…
Tidal Energy
World’s First Tidal Turbine Blade Testing Facility Can Accelerate Development Efforts in Marine Renewable Energy
The world's first rapid testing facility for tidal turbine blades, which researchers say can speed up development of marine energy technologies while helping to…
Carbon Emissions
Holcim to Use Proceeds From India Sale on Lower Carbon Acquisitions
Holcim will use cash raised from the sale of its Indian business for acquisitions focused on building products and solutions, Chief Executive Jan Jenisch said o…
Energy Transition
Business Consortium Urges EU to Strengthen Energy Security
More than 100 businesses including Microsoft, Unilever, H&M, and Iberdrola have called for an accelerated energy transition.
Nuclear Power Plant
New Nuclear Power Stations May Increase Energy Bills, Says Business Secretary
Kwasi Kwarteng however, has said in the “medium-term” new nuclear would give the UK “cheaper power”.
Nuclear Reactor
Nuclear Power Remains Key Sector for MHI
There is renewed interest in nuclear power from a decarbonisation and energy security perspective, Mitsubishi Heavy Industries (MHI) said while announcing progr…
Crude Oil
Shell Agrees to Sell its Russian Petrol Stations
LUKOIL will buy Shell’s Russian retail and lubricants businesses
Geothermal Power Plant
US DOE Aims to Provide $13 Million for Community Geothermal Projects
Heating and cooling represent significant energy needs for American homes and businesses, and contribute to greenhouse gas emissions through the direct use of f…
Hydrogen Production
Bosch Invests €500 Million to Develop Hydrogen Electrolyzers
Germany’s Bosch wants to focus on green hydrogen production in Europe as a new dedicated business area. It said it will draw on its fuel cell expertise to buil…
Oil & Gas Trade
Shell’s Profit Soars on Higher Oil and Gas Prices
Oil major Shell booked a huge profit in the first quarter of the year on the back of higher oil and gas prices despite taking a charge due to its phased exit fr…
‘Energy Efficiency is Good for Business’ – ABB
A survey commissioned by ABB shows that 54% of companies are already investing in energy efficiency and 90% will increase spend over the next five years.
United Kingdom
UK Asks North Sea Oil and Gas Sector to Set out Plan to Reinvest Profits
Business minister Kwasi Kwarteng has written to the North Sea oil and gas industry asking it to set out a clear plan to reinvest its profits into British energy…
Russian Federation
Exxon Could Withdraw Completely From Russia Within Two Months
U.S. supermajor ExxonMobil plans to shut down all its businesses in Russia by June 24.
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