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Offshore Wind Power

The Potential of Offshore Wind Power in Latin America

Latin America has energetic possibilities in maritime winds. Colombia and Brazil took the first steps to develop offshore wind power. The experience of oil plat…

Germany

EDP Renewables Acquires Solar Development Platform Based in Germany

The company announces it has reached an agreement for the acquisition of a 70% stake in Kronos Solar Projects GmbH.

Natural Gas

Swiss on Track to Secure Winter Gas Reserves, SonntagsBlick Reports

Switzerland is on track to secure the natural gas reserves it is seeking for the winter heating season, the SonntagsBlick paper cited a utility sector official …

Wave Energy

The Wave Power Generator Experts Say ‘Proves Ocean Energy Can Work’ Is Already Powering Australian Homes

For the first time in Australia's history, a wave energy converter trial has successfully generated energy from the chaotic and wild ocean waves to power homes.…

Hydrogen Project

Indian Energy Giants Plan 1.3GW Green Hydrogen Project Powered by 24/7 Renewables in $6BN Deal

Plant would use 6-7GW of wind and solar to produce one million tonnes of green ammonia annually.

Iran

Iran Says Proposed Ideas Submitted to Accelerate Nuclear Talks

Iran has submitted proposed ideas in "both substance and form" to the other sides of the Vienna talks on reviving the 2015 nuclear deal, to pave the way for the…

Renewable Power Added in 2021 Saves $55BN From Global Energy Generation Costs in 2022 – IRENA

Almost two-thirds or 163 gigawatts (GW) of newly installed renewable power in 2021 had lower costs than the world’s cheapest coal-fired option in the G20.

Oil Price

South Africa Authorities to Cut Fuel Pump Prices From Wednesday

South Africa will slash the pump price of fuel from the middle of next week, aiming to ease the burden on consumers of soaring energy prices since the Ukraine w…

Wind Farm

Masdar, CPPIB Among Those Seeking Stake in Iberdrola’s 1.4 Billion-Euro German Wind Farm

Abu Dhabi's Masdar and Canada Pension Plan Investment Board (CPPIB) are weighing binding offers for a 40% stake in Iberdrola's German offshore wind farm in a de…

Natural Gas

Australia’s East Coast May Face Gas Shortfall Next Year, Watchdog Warns

Australia's competition watchdog urged the federal government on Monday to consider curbing gas exports, warning its east coast could face a major shortfall nex…

Oil Price

Oil Prices Slip Ahead of OPEC+ Meeting

Oil prices dropped early on Monday as investors braced for this week's meeting of officials from OPEC and other top producers on supply adjustments.

OPEC

OPEC Secretary General Says Russia’s Membership in OPEC+ Is Vital for Success of Agreement

OPEC's new secretary general said that Russia's membership in OPEC+ is vital for the success of the agreement, Kuwait's Alrai newspaper reported on Sunday.

Paris Climate Agreement

Why Oil Investors Should Keep an Eye on ESG Scores

Legal and regulatory initiatives promulgated as a result of the 2015 Paris Climate Accords, have been the driver of these changes.

Crude Oil

More Oil Discoveries Boost Guyana’s Offshore Boom

Guyana has seen a string of oil discoveries, quickly positioning it as one of the world’s hottest offshore drilling locations.

Oil Field

Green Light From TotalEnergies for Oil Project off Angola

France-headquartered energy giant TotalEnergies has taken a final investment decision (FID) to develop an oil development project located offshore Angola.