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Oil Price
European Commission Says Gas Price Cap Is Impossible
The European Commission told countries at a Monday seminar this week that there was no way to create a gas price cap as previously requested by EU leaders.
Australia
Australian Government Expands ARENA 2022-23 Federal Budget
This will include A$146.1m for the decarbonisation of the road transport sector.
Egypt
Gates Foundation Gives $1.4 Bln Climate Help to Smallholder Farmers
The Bill & Melinda Gates Foundation has pledged $1.4 billion to help smallholder farmers cope with the impacts of climate change, part of efforts at global clim…
Oil&Gas Drilling
Biden Says “No More Drilling” at a Rally
“No more drilling…there is no more drilling,” said U.S. President Joe Biden at a campaign rally in New York state on Sunday when asked by a person in the cro…
EU
EU Commission Offers €3bn for Innovative Cleantech Projects
It has launched the third call for projects under the EU Innovation Fund, covering topics including decarbonisation, innovative electrification in industry and …
Shell Signs Agreement to Acquire ECL Business of PANOLIN
Wholly-owned subsidiaries of Shell plc in Switzerland, the UK, the US, and Sweden have entered into agreements to acquire the environmentally considerate lubric…
Sunrun Is Building Puerto Rico’s First Virtual Power Plant
Sunrun has been selected to build Puerto Rico’s first Virtual Power Plant (VPP) by the island’s electric utility provider.Images from the installati…
Net Zero Emission
TotalEnergies Bent on Taking Legal Action Following Allegations of ‘Dramatically Underreporting’ Emissions
After Greenpeace published a report claiming that TotalEnergies’ emissions are four times higher than reported, the French energy giant has made up its made to…
Natural Gas
Azerbaijan Needs Investment in Order to Boost European Gas Flows
Azerbaijan will need investment and long-term purchase commitments if it is to double its natural gas supply to the European Union.
Net Zero Emission
MIT Amps up Research to Reduce Methane Emissions by 2030
One of the most notable climate change provisions in the 2022 Inflation Reduction Act is the first U.S. federal tax on a greenhouse gas (GHG).
Biden Unveils $13.5 Billion Package to Ease Home Energy Costs
U.S. President Joe Biden has announced plans to shell out $13.5 billion to help reduce energy costs for low- and moderate-income households.
Wärtsilä Reciprocating Engine Undergoes Hydrogen Pilot
Utility company WEC Energy Group and Electric Power Research Institute (EPRI) were among the partners to announce the completion of a hydrogen blending pilot pr…
Hydrogen Production
Dutch Companies, Government Plan Green Hydrogen Corridor With Chile
Representatives from Dutch companies including Port of Rotterdam, Port of Amsterdam, consultants, storage and transportation providers, have set sights on explo…
CCS
GE Explores Carbon Capture at Combined Cycle Plants Across Asia
GE Gas Power has signed a Memorandum of Understanding (MoU) with Korean engineering firm DL E&C and its subsidiary CarbonCo to explore the integration of carbon…
United Kingdom
Rishi Sunak Could Still Be at COP27
Downing Street has said his position of not being at the climate summit is “under review”
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