Business

Natural Gas

UK Investigates Sale of National Grid’s Gas Transmission Business, Report Says

Britain has launched an investigation under new national security rules into the sale of a 60% stake in National Grid's gas transmission and metering business t…

Energy Investment

Octopus Energy, Nest, and GLIL invest in Hornsea One

Octopus Energy Group’s generation business has worked with Nest to take a stake in the Hornsea One Wind Farm.

Iberdrola Sees Profits Soar With International Business Offsetting Spain’s Results

Iberdrola has recorded a net profit of €2.07 billion (US$2.1 billion) in the first half of 2022 due to strong performances in its international business offset…

Germany

German Government ‘Likely to Face Legal Challenges to Gas Rationing’

Law experts suggest some German businesses see gas rationing as a “nightmare scenario”

Net Zero Emission

Shanghai Electric Group Launches Low Carbon Business

Shanghai Electric New Energy Development Co. signals Shanghai Electric Group's move into the green, low-carbon business

Hydrogen Project

UK Opens Joint Revenue and Grant Funding Round for Hydrogen

Projects will be able to apply both for grant funding through the GBP 240 million (USD 287m/EUR 282m) Net Zero Hydrogen Fund and revenue support through the Hyd…

Net Zero Emission

New Zealand to Review Industry Support for Emissions Costs

New Zealand will review the provision of free climate pollution credits to local industry in a move to stop over-allocations to some businesses and encourage de…

Nuclear Fuel

UK Government Fund to Accelerate Nuclear Fuel Supply

The UK's Department for Business, Energy & Industrial Strategy (BEIS) is to launch a GBP75 million (USD90 million) Nuclear Fuel Fund to boost domestic productio…

Market and Security Benefits of a Decarbonised Energy System – Study

​Britain could provide greater energy security to businesses and families, expand its ability to deliver home-grown renewable energy and insulate its economy f…

MENA Power Projects Forum 2022 to Focus On US$250 Billion Worth of Upcoming Power Projects in MENA Region

Power and utilities companies will have enough businesses as governments in the MENA countries plan to implement US$250 billion worth of power projects includin…

GE’s Energy Business Will Have a New Name—Vernova

General Electric (GE) is again announcing changes to its corporate structure, with the company on July 18 saying its energy and other businesses will operate un…

Oil Price

Big Oil Poised For “Exceptional” Earnings Thanks To High Refining Margins

High refining margins and fuel demand in the second quarter are set to lead to exceptional earnings at Big Oil’s refining businesses.

Repsol and Navantia Jointly Explore Renewable Hydrogen Generation Opportunities

Repsol and Navantia Seanergies, Navantia’s green energy division, have signed a collaboration agreement to jointly explore business opportunities in renewable …

Repsol and Navantia Jointly Explore Renewable Hydrogen Generation Opportunities

Repsol and Navantia Seanergies, Navantia’s green energy division, have signed a collaboration agreement to jointly explore business opportunities in renewable …

LNG

Wood Mackenzie and Ball Corporation Introduce New Tool That Tracks Global LNG Liquefaction Train Statuses in Near Real-Time

Wood Mackenzie, Inc. a Verisk business, and Ball Corporation today announced the launch of Global LNG Liquefaction Monitoring – the first product arising from …