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OPEC

OPEC Cuts Oil Demand Growth Forecast Again as Economic Challenges Mount

OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth time since April and further trimmed next year's figure, citing mounting economic …

Industry Decarbonisation Alliance Identifies Six Priorities

The six pillars include renewables, and green energy, amongst others.

Asia Coalition Launched to Accelerate Clean Energy Procurement

ACEC’s vision includes clean energy’s accessibility and affordability in the region by 2030.

Electric Car

Will Britain’s EV Owners Have to Pay Road Tax for the First Time?

Reports claim Chancellor Jeremy Hunt is expected to announce road tax for EVs in the Autumn Statement this week.

Fossil Fuel Cost Savings in Asia Could Reach $44b: Report

This $10b more than in the first half of 2022.

China

How Much Did These Asian Countries Saved With Solar Power

Seven countries were able to save about 9% of their fossil fuel costs in the first half.

Carbon Emissions

New Biofuels Can Boost Fuel Economy and Slash Carbon Emissions in Cars and Trucks

Argonne collaborates with U.S. laboratories on research to identify promising biofuels for different engine types.

CCS

Capturing CO2 and Repurposing It Into Neutral Chemicals

A new study performed by the University of Surrey has shown that Carbon dioxide (CO2) can be captured from the encircling atmosphere and reprocessed into benefi…

United Kingdom

UK Unboxes £65m Clean Tech Investment at COP27

The new funding aims to make clean technologies accessible and affordable to developing countries.

Coal-Fired Power Plants

Indonesia, ADB Launch First Coal Power Plant Retirement Deal

Indonesia, the Asian Development Bank and a private power firm are teaming up to refinance and prematurely retire a coal-fired power plant, the first such proje…

Natural Gas

Canada's Ontario to Extend Gas, Fuel Tax Cut for a Year

The Ontario government said on Sunday it will extend a fuel and gas tax cut first introduced last spring by another year to help residents cope with high inflat…

EU

German Parties Agree to Ratify CETA, Quit Energy Charter

Germany's ruling coalition parties have agreed a raft of new trade policy measures, including quitting the Energy Charter Treaty, which has come to be seen as a…

Hydropower Plant

Nigeria Offers Concession on $1.3 Billion China-Funded Hydro Power Plant

Nigeria plans to grant a concession on its $1.3 billion hydropower plant now under construction and is seeking bids from private investors to operate the China-…

Electric Vehicle Battery

Indonesia's Adaro Signs MoU With Hyundai for Aluminium Supply

Indonesian metals company PT Adaro Minerals Indonesia, Tbk has signed a memorandum of understanding (MoU) with South Korea's Hyundai Motor Company on aluminium …

Oil Price

Iraq Wants Stable Energy Prices, Prime Minister Says

Iraq is keen to maintain stable oil prices at not more than $100 per barrel, Prime Minister Mohammed Shia al-Sudani told reporters on Saturday.