Ces

ADNOC, Petronas Sign Abu Dhabi Unconventional Oil Resources Deal

Abu Dhabi National Oil Company (ADNOC) and Malaysia's Petroliam Nasional Berhad (Petronas) on Monday signed a deal awarding the first concession in the Middle E…

Natural Gas

Netherlands Proposes EU Gas Price Cap for State-Backed Buyers - Document

The Netherlands has weighed into the European Union's debate on whether to cap gas prices with an alternative proposal that would cap gas prices but only for go…

EU

Emergency Call Services, Telcos Urge EU to Protect Telecoms Networks From Power Cuts

Europe's top telecoms operators and an emergency services lobby on Monday urged Brussels to shield mobile and fixed grids from power cuts, a letter reviewed by …

EDF Sold Excess Power on Sunday, Forced to Buy Back on Intraday Market

Nuclear operator EDF said in an online note that it accidentally sold 1.5 gigawatts (GW) of excess power on the day-ahead market on Sunday, requiring the compan…

Oil Price

Saudi Arabia Cuts Oil Prices to Asia to 10-Month Low

Saudi OSPs to Asia hit 10-month low amid slowing physical demand.

United Arab Emirates

New UAE Law Regulates Renewables Production Units Link to Grid

This is in line with UAE’s plan to diversify renewable energy sources.

EU

France’s €13.5bn Scheme to Compensate Energy-Intensive Firms Granted EU Approval

The scheme will cover part of the higher electricity prices arising from the impact of carbon prices on electricity generation costs incurred between 2021 and 2…

CCS

Ocean Fertilization for Carbon Storage

As per an international research team headed by Michael Hochella of the Department of Energy’s Pacific Northwest National Laboratory, the immediate necessity t…

Energy Transition

Sustainable, Low-Cost Hydrogen - a Revolutionary Step in the Energy Transition

Governments and corporations are under increasing pressure to adopt large-scale renewable energy sources and meet current climate goals to help mitigate the eff…

LNG

Excelerate Energy's LNG Plant in Argentina Could Be Completed by 2025, Says Executive

Excelerate Energy, a U.S. company that provides storage and regasification services for liquefied natural gas globally, could complete its planned gas liquefact…

Emissions Trading System

EEX Exchange to Host German Carbon Auctions for Another 3 Years

The European Energy Exchange (EEX) has won the tender to host auctions of emission allowances on behalf of the German government for three years from 2024, exte…

Rolls-Royce Successfully Tests Hydrogen-Powered Jet Engine

Britain's Rolls-Royce said it has successfully run an aircraft engine on hydrogen.

Oil Refinery

Italy Set to Nationalise Lukoil Refinery - Paper

Italy's government is set to nationalise the Lukoil-owned ISAB refinery in Sicily and will ask the cabinet to decide on the matter at a meeting scheduled on Thu…

Oil Refinery

Talks Unsuccessful, Action at BP Rotterdam Refinery to Continue -Union

Talks on Monday between management and unions at the BP Rotterdam Refinery (BP.L) were not successful, a union spokesperson said, and labour actions at the larg…

Crude Oil

Argentina Agrees Fuel Price Rise Caps with Firms, Pledges FX Access

Argentina on Monday reached an agreement with major oil firms operating in the country to put a cap on fuel price increases in a bid to keep costs at the pump d…