Dec

United Kingdom

Dismantling Old North Sea Wells Could Cost £20BN

It is estimated around 2,100 wells in the North Sea will be decommissioned over the next decade

Solar Power Plant

Eni Launches Solar Lab and PV Plant to Decarbonise Oil Operations in Algeria

Italian oil major Eni and Algerian state-owned oil company Sonatrach have inaugurated a Solar Lab and laid the first stone of a new 10MW PV plant in the Bir Reb…

Energy Investment

Britain’s Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns

North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the …

Energy Storage Technology

The Need for Long Duration Energy Storage (LDES) Technologies

LDES technologies are promising but must be improved to aid the deep decarbonisation of electric power systems.

Saudi Aramco Signs Agreements Worth $11BN With Manufacturers

The move could create 5,000 jobs in Saudi Arabia over the next decade

United Kingdom

UK to Spend £20BN Closing off 2,000 Oil and Gas Wells in Next Decade, Report Says

Offshore Energies UK estimates 200 wells will be decommissioned every year at a cost of £7.8m each

Brazil

Brazil’s Incoming Government to Revoke Bolsonaro’s Biodiesel Mandate Decision

Brazil's incoming government will look to revoke a decision to keep the mandatory blend of biodiesel in diesel at 10% until March 31, 2023, a member of the tran…

Natural Gas

North America’s Natural Gas Can Help Mitigate Energy Crisis

In the effort towards decarbonisation, North America could be a key player in providing affordable natural gas, addressing energy security issues.

Net Zero Emission

First UK Deployment of Pioneering Net Zero Technology in Scotland

WORLD-LEADING decarbonisation technology will be deployed in the UK for the first time as part of a collaboration between climate tech company Levidian and solu…

Crude Oil

EU Expects to Be Ready for Russia Oil Price Cap Dec. 5 Start - Officials

The European Union expects to have its regulations completed in time for the introduction of a G7 plan to cap the price of Russian crude oil on Dec. 5 , the EU'…

LNG

LNG Exports Drive Expansion of North American Natural Gas Market, Adding 29 Bcfd of Production by 2033

LNG exports nearly triple over next decade, Inflation Reduction Act to boost gas demand in the long term.

Net Zero Emission

COWI to Support Equinor’s Energy Transition

To fulfil the Paris Agreement and become carbon-neutral by 2050, the world has started a decisive global transition to low carbon and renewable energy, with off…

Electric Car

GM EV Unit BrightDrop Expects $1 Billion in 2023 Revenue, Mass Production of All-Electric Delivery Vans to Start in December

BrightDrop, GM’s EV subsidiary, is forecasting $1 billion in revenue for 2023, its first revenue disclosure which came during GM’s annual investor day on Thur…

Electric Car

InoBat Inks Declaration for EV Battery Gigafactory in Serbia

InoBat Auto, European developer of Electric Vehicle (EV) batteries, has signed protocols and declarations of intent with the Government of the Republic of Serbi…

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.