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Nuclear Giant Westinghouse Acquired by Renewable Power Company and Uranium Fuel Supplier
A consortium comprised of Brookfield Renewable Partners, together with its institutional partners, and Cameco Corp. announced on Oct. 11 an agreement to acquire…
Natural Gas
Germany Launches Investigation into Nord Stream Blasts
German federal prosecutors said they had opened an investigation against “unknown persons”.
OPEC
U.S. Officials Promised Saudis It Wouldn’t Let Oil Market Collapse
U.S. officials told Saudi Arabia prior to the OPEC+ meeting that it would help stave off a collapse in the oil market by buying oil at $75 per barrel to repleni…
Offshore Wind Power
Massive Stellar Winds of Growth for Global Offshore Wind, New Analysis Finds
Offshore wind opportunities soar with 135GW of potential capacity available in leasing rounds, according to a report.
Carbon Emissions
Canada, Rio Tinto to Invest in R&D, Cutting Emissions at Quebec Plant
Canada and Rio Tinto Ltd will invest up to C$737 million ($533.6 million) over eight years to cut carbon emissions and expand research and development at a Queb…
Electric Vehicle Battery
Robots and AI Could Optimize Lithium-Ion Batteries
New automated system could quickly find new battery chemistries much faster than with brute-force human testing.
Crude Oil
White House Leaves Door Open for Additional SPR Releases
The White House said on Tuesday that it has many options to counteract OPEC+’s looming production cuts, including the release of even more crude oil from the n…
India
Toyota Launches Pilot Project for Flex Fuel Vehicle in India
Toyota Motor Corp on Tuesday unveiled its flex fuel hybrid sedan in India, kicking off a pilot project in a market where the government is pushing automakers to…
World Bank Defends Climate Record in Meeting with NGOs
World Bank President David Malpass defended the institution's commitment to tackling climate change on Tuesday, telling civil society groups that have criticize…
United Kingdom
UK Moves to Cap Revenues of Low-Carbon Energy Producers
Britain set out plans for a temporary revenue limit on low-carbon electricity generators on Tuesday, which the government said had the potential to save billion…
Oil Refinery
French Refinery Strikes Worsen as France Moves to Call Back Essential Workers
France said on Tuesday that it would requisition essential workers to staff Exxon’s French oil depot, and threatened to do the same for Total’s French refiner…
Electric Vehicle Battery
Researchers Develop Lithium Battery with 40% More Energy Density
A Pohang University of Science & Technology research team succeeded in developing an anode-free lithium battery. The design maximized energy density and improve…
Israel
Israel and Lebanon Reach Historic Agreement That Unlocks Oil and Gas Reserves
Israel and Lebanon have reached a “historic” agreement to settle their long-running dispute over their maritime border.
Can Grid Expansion Keep up With Surge in Solar Power Generation?
Solar power generation to surge in the near to medium term.
Wind Farm
Nordex Received an Order for up to 137 MW Wind Farm in Poland
At the end of September, a subsidiary of Ignitis Group, Lithuania’s state energy holding company, commissioned the Nordex Group to supply 37 N117/3600 wind tur…
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