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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…

New Electrode Technology Boosts Efficiency of Power-to-Gas Production

Tokyo-based Toshiba Corporation has developed new technology that helps to improve the efficiency and potentially the commercial viability of Power-to-Gas (P2G)…

OPEC

OPEC Oil Cuts Bad for Global Economy, Treasury Secretary Janet Yellen Tells Financial Times

U.S. Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was "unhelpful and unwise" for the global economy, especially e…

Carbon Emissions

Companies Are Not Reporting Financial Risks of Emissions, US Study Finds

No company disclosed all the information recommended by Climate Action 100+ to get the world’s biggest polluters to address climate change

Net Zero Emission

Global Aviation Body Icao Sets 2050 Goal for Net Zero Carbon Emission Air Travel

New aircraft technologies, streamlined flight operations and the increased deployment of sustainable aviation fuels will play crucial roles towards target

Oil&Gas Drilling

‘New North Sea Oil and Gas Projects at Odds with UK Climate Goals’

New oil and gas fields cannot alleviate the financial pressure caused by rising energy bills, according to a report

Energy Storage Battery

Equinor Reaches Final Investment Decision for UK Battery Storage Project

Blandford Road is a 25MW project in Dorset and is the first commercial battery storage asset for the Norwegian energy company

Energy Storage Project

Equinor Confirms Construction of First Commercial Battery Storage Asset

Equinor has approved the final investment decision on the Blandford Road battery storage project in the south of the UK.

Wind Turbine

Siemens Gamesa Will Cut Nearly 3,000 Jobs

Renewable energy giant Siemens Gamesa announced it will cut nearly 3,000 jobs as the company tries to turn around its financial fortunes.

Virtual Energy Management Pilot Coordinates Commercial Energy Use

With the hopes of allowing businesses in the US to optimise how and when their buildings use energy, a utility, a grid modernisation tech developer and a digita…

Carbon Emissions

Changes to UN Aviation Emissions Deal Near Approval -Officials

Changes to a flagship U.N. aviation emissions agreement are closer to being approved after an airline trade group walked back objections on Wednesday.

CCS

Are Carbon Capture Projects Helping Us Meet Net-Zero Targets?

Technology that removes carbon dioxide from the atmosphere is crucial in the fight against global warming.

Wind Farm

First Wind Farm Repowering in Africa

Escrapalia, the specialised auction platform of the Surus Group, is auctioning 73 wind turbines as part of the project to modernise the Koudia Al Baida wind far…

Geothermal Power Plant

Chevron and Moeco to Collaborate on Advanced Geothermal Technology

Chevron and MOECO have announced the signing of a joint collaboration agreement to explore the technical and commercial feasibility of advanced geothermal power…

Nuclear Fusion

US Launches $50M Programme to Advance Commercial Fusion

In order to bring fusion closer to commercial viability, the Department of Energy (DOE) has announced up to $50 million to launch a new milestone-based fusion d…