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Oil & Gas Trade

New UK Prime Minister Opposes Windfall Tax on Energy Companies

UK's new Prime Minister Liz Truss said she was against the windfall tax on oil and gas companies operating in the UK.

EU

European Utilities Rally as EU Unveils Rescue Plan

Just hours after the European Commission proposed caps on power prices across the bloc, European utilities have rallied, with stocks gaining on indications that…

Oil Price

What Will Be Inside UK’s Energy Bill Package for Households and Businesses?

Britain’s new Deputy Prime Minister has confirmed that details of the government’s support will be revealed later this week

Wind Farm

GE Renewable Energy and Green Power Investment to Develop Onshore Wind Farm

GE Renewable Energy has announced that it has been selected by Green Power Investment (GPI) as the supplier for the Fukaura wind farm in Fukaura Town, Nishi Tsu…

CCS

Biden Administration Targets Industrial Decarbonization Through Electrification, Low-Carbon Fuels, CCUS

The Biden administration has laid out a comprehensive roadmap to help five energy-intensive manufacturing sectors reduce their fuel- and power-related carbon em…

Smart Meter

Smart Meters Set to Transform Into Grid-Edge Computing Devices – Whitepaper

According to a new whitepaper from Guidehouse Insights, there is an extensive base of smart meters set for upgrade and replacement over the coming decade in bot…

Combined cycle power plant

Mitsubishi: 450MW Tunisian Power Plant Begins Operations

Mitsubishi Power plant to expand power generating capacity & ensure a more stable supply of electricity to accelerate pace of economic development.

Natural Gas

Exxon and Shell Look To Sell $1.5 Billion Natural Gas Venture

Supermajors ExxonMobil and Shell are looking to sell their 50/50 NAM natural gas producing joint venture in the Netherlands in a potential sale worth up to $1.5…

Iran

Optimism About An Iran Nuclear Deal Is Waning

The EU’s foreign affairs and security policy chief, Josep Borrell, is currently “less optimistic” that the negotiating parties could reach an agreement to re…

Solar Power Panel

Renewables Are Losing Steam as Bottlenecks Emerge

The renewable energy boom has a growing problem.

Wave Energy

California Wave Energy Developer Completes Long-Duration Ocean Pilot

US-based wave energy developer CalWave has completed its open-ocean wave energy pilot after 10 months of continuous operation off the coast of San Diego, Califo…

Solar Cell

Novel Perovskite Solar Cell Design Yields Both High Efficiency and Stability

A team of researchers led by the National Renewable Energy Laboratory said they made a technological breakthrough and constructed a perovskite solar cell with t…

Natural Gas

French Urged to Cut Energy Use by 10%

Saving energy could help France avoid rolling blackouts and energy rationing this winter, the French President has said

Crude Oil

Norwegian Energy Giant Equinor Completes Russia Exit

It has exited from four joint ventures with state-owned Rosneft as well as the Kharyaga oilfield project

Energy Transition

Call For Robust Policy Framework at Irena’s Legislators Dialogue

IRENA held its second Legislators Dialogue during last week’s Investment Forum events that took place in the context of the G20 Energy Transitions Ministerial …