Citi

Geothermal Power Plant

Seismic Campaign for Geothermal Prospecting to Start in Magglingen, Switzerland

Fog in Magglingen, Bern, Switzerland (source: Jean-Daniel Echenard / flickr, Creative Commons)Around 2700 measuring devices will be set up next week in 13 citie…

Energy Investment

Fast Track Development on Energy Corridor With Russia Urged for Economic Stability

Islamabad : Speakers here on Saturday urged the government to fast track the process of economic and energy cooperation agreements with Russia after the recentl…

Energy Saving Products

Brits Rush To Buy Energy-saving Appliances

UK shoppers have been snapping up energy-efficient appliances in an effort to lower energy bills amid the worsening cost-of-living crisis in the country, media …

Wind Power Project

Japan Begins Soliciting Bids for 4 Offshore Wind Power Projects

The government on Wednesday began soliciting companies to operate offshore wind power generation projects in four designated areas around the country.Several do…

Oil Price

Algeria Sets Reference Price For Oil At $60 Barrel Through 2023/2025 -APS

Fuel storage tanks are pictured in Algiers, Algeria April 21, 2020. REUTERS/Ramzi BoudinaDec 25 (Reuters) - Algeria has set the reference price for crude oil at…

Climate Policy

Flanders Considers Banning Combustion Vehicles From 2035

From 2031, diesel cars will no longer be allowed to enter the environmental zones of the Flemish cities of Antwerp and Ghent, and from 2035 no petrol cars will …

Net Zero Emission

Vanguard Quits Net Zero Climate Effort, Citing Need for Independence

Vanguard Group Inc is pulling out of a major investment-industry initiative on tackling climate change, the world's biggest mutual fund manager said on Wednesda…

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…

Electricity Transmission

White House Announces $13 Bln in Funding to Modernize Power Grids

The White House announced through the Department of Energy (DOE) on Friday that it is soliciting grant applications for $13 billion in new financing under the b…

Electrical Grid Health Key Tool to Decarbonise Cities – WEF

The World Economic Forum (WEF), in partnership with four global organisations, is launching the Toolbox of Solutions to drive urban decarbonisation.

Wind Turbine

Siemens Energy Won’t Pay Dividend as Siemens Gamesa Challenges Weigh

Siemens Energy on Wednesday said it would not pay a dividend for 2022, citing a widening net loss and challenges related to its struggling wind turbine division…

OPEC

OPEC Cuts Oil Demand Growth Forecast Again as Economic Challenges Mount

OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth time since April and further trimmed next year's figure, citing mounting economic …

EU

EU Gives 80 Mln Euro to N. Macedonia to Tackle Energy Crisis

The European Union pledged 80 million euros to North Macedonia to tackle energy crisis and it will help to build new generating capacities.

Energy Transition

Google and C40 Cities Launch Carbon-Free Energy Pilot

A new programme has been announced by Google and C40, a global network of mayors taking action to confront the climate and energy crisis, to explore and integra…

Carbon Emissions

Cities Must Slash Emissions 50% By 2030 for 1.5°C Pathway

Cities must halve their per capita emissions by 2030 to remain on a 1.5°C trajectory, finds a new report that prescribes low-emissions mass transit, better was…