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Crude Oil

BP Snags Contract to Market Guyana’s Share of Exxon’s Offshore Oil

The UK’s largest energy company BP Plc has won a contract to market Guyana's share of crude oil produced over the next year from two offshore production platfo…

JERA, JDSC Develop System for Solar Power Generation Prediction

The prediction relies on the weather forecast and past power generation performance.

Indonesia

ACWA, PT PLN Ink MoU for Battery, Green Hydrogen Dev’t in Indonesia

It also includes a pump storage project for a hydroelectricity facility.

Indonesia

Indonesia Bags $500m Loan for Energy Sector, Green Recovery

The loan was approved by the Asian Development Bank.

Smart Grid

DCC Smart Meter Data to Enhance Energy Efficiency Schemes in UK

A new AI initiative by a tech firm has been announced, utilising the extensive data collected from smart meters in the UK to inform energy efficiency schemes.

Carbon Emissions

UK Launches Funding Pool for AI Decarbonisation Projects

The UK government launched a new decarbonisation programme to support use of Artificial Intelligence (AI) to reduce the UK’s carbon emissions.

Energy Storage Battery

Rolls-Royce to Supply Largest Dutch Battery Storage System

A large-scale battery storage system from Rolls-Royce – touted to be the largest in the Netherlands – is the latest to help the Dutch grid manage its overflow…

Hydrogen Production

ABB Energy Management System Drives Green Hydrogen Efficiency

Automation company ABB has released an energy management system, which uses real-time visibility of energy consumption across operations to increase efficiency …

Solar Power Plant

Expansion Planned for West Africa’s Largest Solar Plant

Middle Eastern renewable energy company AMEA Power has announced the expansion of the Mohammed Bin Zayed Solar Power Plant in Togo, from 50MW to 70MW.

Net Zero Emission

ANZ Earmarks $67 Bln to Accelerate Net Zero Transition

Australia and New Zealand Banking Group Ltd said on Friday it had earmarked A$100 billion ($67.63 billion) to help its customers lower carbon emissions by 2030,…

Net Zero Emission

Amazon UK Adds E-Cargo Bikes, Walkers in Decarbonisation Drive

Amazon UK said it would expand its electric-cargo bike fleet and make more deliveries on foot to accelerate the decarbonisation of the transportation network it…

LNG

Argentina Government to Send LNG Bill to Congress in Coming Months

Argentina's Economy minister Sergio Massa said on Thursday that the government was readying a liquefied natural gas (LNG) bill to send to Congress in the coming…

Canada

Canada's Alberta Province Forecasts C$12.3 Bln Budget Surplus

Canada's main oil-producing province Alberta on Thursday forecast a C$12.3 billion ($9.2 billion) budget surplus for the 2022/23 fiscal year, but warned economi…

Saudi Arabia

Saudi, Iraqi Energy Ministers Meet, Review Oil Markets

The energy ministers of Saudi Arabia and Iraq met on Thursday and stressed the importance of adhering to OPEC+ output cuts that last until the end of 2023.

Energy Transition

Vietnam Boosts Coal Use Plan for 2030 as G7 Climate Offer Stalls

Vietnam has increased its coal power target for 2030 under a revised draft energy plan, government documents seen by Reuters show, while renewables goals were s…