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United Kingdom

Shell Greenlights Investment in Major Gas Field in the UK North Sea

Located nearly 250 kilometres east of Aberdeen, Scotland, the Jackdaw field is expected to come online by 2025

Natural Gas

EU Backs €406.4M Dutch Scheme to Support Filling of Gas Storage Facility

The scheme will enable the Netherlands to ensure existing gas storage facilities are filled up to at least 80% of their capacity by 1st November 2022 and comply…

Octopus Raises $550M in Latest Fundraising Round

The energy supplier plans to use the money to further improve its energy technology platform, Kraken

Carbon Emissions

Minimizing Carbon Dioxide Emissions From Cement Production

Chemical engineers at the University of Illinois Chicago are looking into new ways to minimize carbon dioxide emissions from cement production.

Oil Price

Guyana Looks to Attract New Players in Upcoming Oil Tender

Guyana's President Ali hopes that new players in Guyana will add diversification.

Oil Price

Oil Prices Slide as IMF Sees Global Economy Teetering on the Brink

IMF slashes global GDP growth forecasts for this year, to 3.2%.

Natural Gas

US Natural Gas Hits Highest Level Since 2008, on Pace for Best Month Ever as Russia Cuts Supply

Natural gas prices are surging around the world as scorching temperatures stoke demand for the fuel, and as Europe’s push to move away from Russian fuel roils …

Electric Car

Ferrari CEO Shrugs off Concerns About EV Performance

The carmaker plans to launch a fully electric vehicle in 2025.

Energy Storage Project

Canadian Solar Announces Transaction With Gresham House

Canadian Solar has announced that it has completed the sale of two fully-permitted solar and battery energy storage projects in the UK to specialist alternative…

Australia

Climate Change in Focus as Australia’s Parliament Opens

Australia's parliament sat on Tuesday in Canberra for the first time since Labor won office in an election that also saw the Greens party win record seats, refl…

Coal Price

Back to Black? Germany’s Coal Power Plan Hits Hurdles

High coal prices, supply bottlenecks and aged plants are posing a challenge to Germany's plan to increase electricity production from hard coal-fired power plan…

Solar Power Panel

Surging Temperatures Are Good for Solar Panels, Right? The Answer Is: It’s Complicated

Many would think the scorching heat of the past few days would represent the ultimate sweet spot for solar photovoltaic systems. But it’s more complex than tha…

Natural Gas

Russia to Cut Nord Stream 1 Gas Supplies to 20% Of Capacity From July 27

Move comes after Russia's Gazprom says another key turbine has to be closed due to repairs

Natural Gas

Return of Coal a Threat to European Companies’ ESG Ratings

European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them scrambling to…

Hydrogen Project

Brazil’s Unigel to Build Green Hydrogen Plant With $120 Mln Investment

Brazilian chemical maker Unigel on Monday announced plans to build a green hydrogen plant in the northeastern state of Bahia, with an initial investment of $120…