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Natural Gas

Egypt Discovers Large Gas Field in Mediterranean, Minister says

Egypt's Minister of Petroleum and Mineral Resources Tarek El Molla attends a session at the Egypt's 5th Petroleum Show "EGYPS 2022" at the capital city …

Energy Taxation

Inflation Reduction Act: What Manufacturers Need To Know About New Clean Energy Tax Credits

Inside a JinkoSolar Smart Facility (Courtesy: JinkoSolar)Manufacturers should consider seeking Section 48C Advanced Energy Project Credit allocations, recently …

Hydropower Plant

EDP Brazil shrinks Hydropower Portfolio In Favor Of Solar

Image credit: WFranz on PixabayEDP Brazil said it believes in a future with more solar energy in its portfolio, in addition to more investments in distribution …

Solar Cell

MIT's Fabric Solar Cells Turn Any Surface Into A Power Source

MIT researchers have developed a scalable fabrication technique to produce ultrathin, lightweight solar cells that can be stuck onto any surface. Credit: Melani…

Hydrogen Project

Highlighting Safety Standards For Hydrogen In Power Generation

Image credit: 123rf.comHydrogen has been handled and used in a safe manner for decades by industries for refining petroleum, treating metals, producing fertilis…

EV Technology

IKEA Launches Solar Bikes For More Sustainable Last-mile Service

Image credit: IKEARetail giant IKEA has adopted solar-powered cargo bikes to ensure a more sustainable alternative for home delivery transport.During the last y…

Switzerland

E2S Signs Energy Storage Deal With India Power Corp

Dr. Sasha Savic and Anand K Pandey sign the agreement. Credit: E2S PowerSwiss energy storage developer E2S Power solutions has signed a deal with utility India …

China

China's 2050 Power Could Be Zero Carbon For Under 1% of GDP: Study

A new study in Nature Communications; Cost increase in the electricity supply to achieve carbon neutrality in China calculates the total new expenditure needed …

EU

Germany Says Borrowing More Money to Compete With the U.S. Would Be a ‘Threat’ to Europe

European Commission President Ursula von der Leyen said Sunday “new and additional funding at the EU level” will be needed to make European companies more com…

Crude Oil

Aker BP to Invest $19 Billion in Offshore Oil Projects in Norway

Norway’s oil and gas firm Aker BP approved plans to invest $19 billion in developing new projects offshore Norway by 2028, raising its initial capital expendit…

Carbon Emissions

Heat Pumps Can Reduce Carbon Dioxide Emissions by 500 Million Tonnes by 2030, IEA Says

Additional annual investment of $160 billion until 2030 will be needed to meet global climate pledges.

EDF Signs for Additional 2 Billion Euros of Loans

Debt-laden power giant EDF has signed for a total of 2.2 billion euros ($2.28 billion) in new loans maturing in three years, provided financial breathing space …

OPEC

OPEC+ Meeting to Take into Account Market Conditions – Iraqi Official

The OPEC+ meeting in December will take into account the condition and balance of the market, Iraq's state news agency quoted Saadoun Mohsen, a senior official …

United Kingdom

UK Could Add 1GW of Hydropower With Policy Support – Report

A report commissioned by the British Hydropower Association reveals hydropower can provide an additional 1GW of energy in the UK under the right policy framewor…

Nuclear Power Plant

California’s Last Nuclear Power Plant Gets $1.1BN Lifeline

The US Department of Energy (DOE) said it would conditionally provide California utility Pacific Gas & Electric (PG&E) with a $1.1 billion grant to help prevent…