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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…

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.