C

Emissions Trading System

EEX Exchange to Host German Carbon Auctions for Another 3 Years

The European Energy Exchange (EEX) has won the tender to host auctions of emission allowances on behalf of the German government for three years from 2024, exte…

Energy Storage Battery

Research Team Reports Breakthrough in Metal Gas Batteries

Hong Kong researchers have discovered a new way to boost metal carbon dioxide battery capacity.

Rolls-Royce Successfully Tests Hydrogen-Powered Jet Engine

Britain's Rolls-Royce said it has successfully run an aircraft engine on hydrogen.

EDF Signs for Additional 2 Billion Euros of Loans

Debt-laden power giant EDF has signed for a total of 2.2 billion euros ($2.28 billion) in new loans maturing in three years, provided financial breathing space …

Oil Refinery

Italy Set to Nationalise Lukoil Refinery - Paper

Italy's government is set to nationalise the Lukoil-owned ISAB refinery in Sicily and will ask the cabinet to decide on the matter at a meeting scheduled on Thu…

Oil Refinery

Talks Unsuccessful, Action at BP Rotterdam Refinery to Continue -Union

Talks on Monday between management and unions at the BP Rotterdam Refinery (BP.L) were not successful, a union spokesperson said, and labour actions at the larg…

Crude Oil

UAE Brings Forward Oil Production Capacity Expansion to 2027

The board of Abu Dhabi's ADNOC endorsed plans on Monday to bring forward the company's five million barrel per day oil production capacity expansion to 2027 fro…

Offshore Wind Power

UK Government Moves to Defuse Parliamentary Row over Onshore Wind

Britain's government sought on Monday to defuse a simmering row over a push by some Conservative lawmakers to make it easier to build onshore wind farms by sayi…

Nuclear Power Plant

IAEA Concludes Second Water Safety Review at Fukushima Daiichi Plant

The IAEA mission took place on 14-18 November.

Energy Transition

How Southeast Asia Can Futureproof Its Energy Sector

Southeast Asia is experiencing unprecedented fuel price increases and volatility, increasing demand for power, and exposure to the intensifying impacts of clima…

Natural Gas

Mexico's CFE Says to Work with Engie to Expand Pipeline in Yucatan Peninsula

Mexican state power utility CFE has signed an agreement with French energy company Engie to develop terms and requirements to expand the Mayakan gas pipeline in…

Crude Oil

Argentina Agrees Fuel Price Rise Caps with Firms, Pledges FX Access

Argentina on Monday reached an agreement with major oil firms operating in the country to put a cap on fuel price increases in a bid to keep costs at the pump d…

Crude Oil

Exxon to Exit Equatorial Guinea Amid Wider Africa Crude Phaseout

Exxon Mobil Corp will wind down oil production in Equatorial Guinea and leave the West African country after its license expires in 2026, two sources close to t…

Brazil

Brazil's Transition Team Asks Petrobras CEO to Suspend Company's Divestment Plan

Brazil's government-elected transition team asked state-run oil company Petrobras' Chief Executive, Caio Mario Paes de Andrade, to suspend the company's divestm…

Denmark

Shell to Buy Danish Firm Nature Energy for Nearly $2 Billion

Shell said on Monday it would acquire Danish biogas producer Nature Energy for nearly $2 billion, as it looks to boost its low-carbon business amid growing inte…