Du

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 …

Oil Refinery

Italy Set to Nationalise Lukoil Refinery - Paper

Italy's government is set to nationalise the Lukoil-owned ISAB refinery in Sicily and will ask the cabinet to decide on the matter at a meeting scheduled on Thu…

Crude Oil

UAE Brings Forward Oil Production Capacity Expansion to 2027

The board of Abu Dhabi's ADNOC endorsed plans on Monday to bring forward the company's five million barrel per day oil production capacity expansion to 2027 fro…

Crude Oil

Exxon to Exit Equatorial Guinea Amid Wider Africa Crude Phaseout

Exxon Mobil Corp will wind down oil production in Equatorial Guinea and leave the West African country after its license expires in 2026, two sources close to t…

Denmark

Shell to Buy Danish Firm Nature Energy for Nearly $2 Billion

Shell said on Monday it would acquire Danish biogas producer Nature Energy for nearly $2 billion, as it looks to boost its low-carbon business amid growing inte…

Pumped Storage

Australian Firms Enter JV for 4.5GW Storage Development in Victoria

It will be integrated with new renewable generation and green hydrogen production.

Hydrogen Production

ACWA Power, PTT, and EGAT Support Thailand Through Use of Green Hydrogen

ACWA Power, PTT, and EGAT have signed a landmark MoU with a view to embarking on green hydrogen and derivatives projects that meet the Southeast Asia country’s…

Energy Storage Battery

Rolls-Royce to Supply 30MW Battery Solution to Balance Dutch Grid

A large-scale battery storage system from Rolls-Royce – touted to be the largest in the Netherlands – is the latest to help the Dutch grid manage its overflow…

Offshore Wind Power

China Expected to Be Part of Historic Offshore Wind Power Development

As climate change and energy issues are becoming more of a challenge, the offshore wind power industry has ushered in historic development opportunities.

Energy Transition

COP27 Climate Summit Missed Chance for Ambition on Fossil Fuels, Critics Say

Fossil fuel producers benefited from sympathetic treatment in Egypt at the COP27 climate talks, government officials said, bringing their influence to bear in r…

Japan

BOJ to Conduct Annual Survey on Climate Finance to Nurture ESG Market

Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said on Sunday the central bank will conduct a survey annually of financial institutions and companies, se…

Hydropower Plant

Two Major UK Renewable Energy Projects Delayed Due to Red Tape

Britain’s economy has been affected by Russia’s curtailment of gas exports

Hydrogen Production

What Are the Future Prospects of the Green Hydrogen Market?

Hydrogen’s vast reserves make it an attractive option amid increased demand for renewables to meet its stated decarbonization targets.

Solar Cell

'Simple' Tweak to Perovskite Solar Cells Could Boost Renewable Energy Generation

A 'simple' tweak to perovskite solar cells during the fabrication stage could help to unlock the untold potential of the renewable energy source, claims researc…

Jenbacher Engines to Power 60MW Data Center Power Plant in Ireland

INNIO has announced that its Jenbacher engine technology has been selected by Winthrop Technologies to power a 60MW hyperscale data center in Dublin, Ireland.