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Oil Price
Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build
Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ …
Distributed Grid
Shell to Collaborate With NREL on Grid Edge Solutions
The US Department of Energy (DOE) has selected Shell, Spirae LLC, Electrical Grid Monitoring Inc., and Israel Electric Corporation to partner with the National …
Wind Farm
Neoen, Flow Power Ink 40MW PPA for Wind Farm in Australia
Goyder South Stage 1 wind farm is expected to operate in 2024.
Oil Refinery
Global Refining Capacity to Expand With New Projects in Middle East, Asia
The world’s refining capacity is expected to increase by nearly 3 million barrels per day (bpd) by the end of next year when at least nine refinery projects ar…
Electric Car
Tesla Shareholders to Vote on Yet Another Stock Split
Tesla shareholders are expected to vote on Thursday whether to green-light the company’s latest stock split – the second in two years.
Natural Gas
Will Centrica’s Rough Open Its Reservoir for Britain’s “Roughest” Winter?
The reopening is predicted to help the country cement its gas stocks amid fears of shortages
China
China, US to Account for 75% of Global Energy Storage Demand
Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031.
Energy Investment
Adnoc Distribution to Buy 50% Stake in TotalEnergies Egypt in Its Largest Investment
The acquisition, expected to be completed in the first quarter of 2023, marks the UAE company's entry into Arab world's most populous market
Energy Transition
Green Hydrogen for Steel Production
With the worldwide demand for steel expected to increase by around 6% by 2030, greening the steel industry is crucial for the energy transition.
Net Zero Emission
Greenpeace to Fight UK Approval of Shell Gas Field in Court
Climate activists at Greenpeace plan to mount a legal challenge against the British authorities allowing Shell to develop the Jackdaw North Sea gas field, after…
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
Energy Storage Project
Vena Energy’s Hybrid Solar, Battery Project in Australia Hits Financial Close
Renewable energy firm Vena Energy has reached a financial close for its hybrid solar and battery energy storage system (BESS) project in South Australia, which …
Wind Turbine
Vattenfall Installs First Turbine at Grönhult Project
The first wind turbine at Grönhult wind farm, Sweden, is now being erected, where a total of 12 5.6 MW wind turbines will be installed from Vestas.
United Kingdom
Centrica Slams Octopus’ Proposals for Protecting Consumer Credit Balances
Independent review conducted on behalf of British Gas found that a compulsory co-insurance model would not protect credit balances
Siemens Energy, Dragados Offshore Land Orders for North Sea Offshore Links
Siemens Energy AG and Dragados Offshore have been selected to build the converter stations at sea for the DolWin4 and BorWin4 offshore grid connections in the N…
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