Cte

Crude Oil
Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt
Anchorage Investments has selected Hyundai, Samsung, Technip Energies and Tecnicas Reunidas to compete to be the main contractor for Ain Sokhna project
Electric Car
UK EV Drivers to Sell Energy to National Grid
EVs will be connected with the UK’s grid through the balancing mechanism
United States
Rystad Energy: Inflation Reduction to Boost US Wind and Solar Investments
The Inflation Reduction Act is set to boost installed solar and onshore wind capacity in the US by 40% by 2030, with an extra 155 GW of capacity expected to com…
United States
U.S. To Spend More Than $500 Billion on Climate Over a Decade Under Three Laws, Study Says
The U.S. government will spend more than $500 billion on climate technology and clean energy over the next decade under three recently enacted laws, an analysis…
LNG
Ukraine’s Naftogaz Backs Scholz’s Bid for Canadian LNG Ahead of Trip
Shortly before his two-day trip to Canada, German Chancellor Olaf Scholz received support for his interest in Canadian liquid natural gas to help replace Russia…
Hydrogen Project
Equinor’s H2H Saltend Selected to Proceed as One of the First Large-Scale Hydrogen Projects in the UK
Department for Business, Energy, and Industrial Strategy (BEIS) announced that Equinor’s Hydrogen to Humber Saltend (H2H Saltend) production facility has been …
Wind Turbine
Wind Turbine Maker Vestas Q2 Hit by Higher Costs
Wind turbine maker Vestas on Wednesday reported a bigger-than-expected second-quarter operating loss hit by higher costs.
Oil Price
Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising
Oil prices edged lower on Wednesday, after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.
Biomass Power Plant
Italian Scheme to Support Biomethane Production Granted EU Approval
The biomethane produced will be injected into the national gas grid for use in the transport and heating sectors.
Electric Car
IoT-Enabled Electric Charging Pilot to Ramp up New York EV Infrastructure
Connected Kerb has been selected by the New York City Department of Transportation (NYC DOT) and Newlab for a flagship internet of things (IoT)-enabled electric…
EU
EU Approves €110M Austrian Scheme to Support Agri-Producers Hit by Rising Energy Costs
The measure will be open to companies active in the primary agricultural production sector that have been affected by the increase in energy prices, fertilisers…
Pumped Storage
Bechtel Wins Work on Australian Pumped Hydro Facility
BE Power and GE Renewable Energy have selected Bechtel to support the planning for a new pumped storage hydro energy facility named Big-T at Lake Cressbrook in …
Carbon Emissions
Climate Change Compensation Fight Brews Ahead of COP27 Summit
Tensions are mounting ahead of this year's U.N. climate summit, as vulnerable countries ramp up demands for rich countries to pay compensation for losses inflic…
Wind Turbine
Siemens Energy Warns of Deeper Net Loss Over Russia Restructuring
Siemens Energy, which supplies equipment to the power industry, on Monday warned of a deeper than previously expected net loss in 2022, on a charge of around 20…
LNG
Potential Curb on Australian LNG Exports Is Another Blow to Asia-Pacific Gas Markets
Asia-Pacific has been suffering months of tight LNG supplies and soaring prices in the region due to competition from European buyers looking to replace restric…

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Cte

Four Global Companies Shortlisted for $2BN Petrochemicals Complex in Egypt

UK EV Drivers to Sell Energy to National Grid

Rystad Energy: Inflation Reduction to Boost US Wind and Solar Investments

U.S. To Spend More Than $500 Billion on Climate Over a Decade Under Three Laws, Study Says

Ukraine’s Naftogaz Backs Scholz’s Bid for Canadian LNG Ahead of Trip

Equinor’s H2H Saltend Selected to Proceed as One of the First Large-Scale Hydrogen Projects in the UK

Wind Turbine Maker Vestas Q2 Hit by Higher Costs

Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising

Italian Scheme to Support Biomethane Production Granted EU Approval

IoT-Enabled Electric Charging Pilot to Ramp up New York EV Infrastructure

EU Approves €110M Austrian Scheme to Support Agri-Producers Hit by Rising Energy Costs

Bechtel Wins Work on Australian Pumped Hydro Facility

Climate Change Compensation Fight Brews Ahead of COP27 Summit

Siemens Energy Warns of Deeper Net Loss Over Russia Restructuring

Potential Curb on Australian LNG Exports Is Another Blow to Asia-Pacific Gas Markets