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Crude Oil
EIA Cuts World Oil Demand Growth for 2023
The U.S. Energy Information Administration has slashed its world oil demand growth forecast for next year as President Biden lashed out at oil companies for not…
Hydrogen Production
Fortescue Metals to Help Develop Green Fertiliser Supply Chain in Kenya
Australia's Fortescue Metals Group said on Tuesday its green energy unit will help fast-track the development of an affordable green fertiliser supply chain in …
Australia
ACEN Australia Greenlights Stubbo Solar Project
The 400MW project will produce enough clean energy to power 185,000 households.
UN Chief: ‘the Answer Is in Our Hands’
During his speech at COP27, António Guterres said that “we are losing the fight of our lives” against climate change.
SMR
Fortum and MIT Launch SMR Cost Estimation Tool
Finnish energy company Fortum has collaborated with MIT to launch a Nuclear Cost Estimation Tool (NCET) that enables more precise cost estimation and risk asses…
Hydrogen Technology
Shell and GE Gas Power Pursue LNG Decarbonisation Path Using Hydrogen
GE Gas Power and Shell Global Solutions have signed a development agreement to pursue potential pathways to reduce the carbon intensity of Shell’s liquefied n…
LNG
Canadian LNG Exports to Asia Could Cut Emissions by the Equivalent of Removing All Vehicles From Canadian Roads, New Study Shows
Canadian liquefied natural gas (LNG) exports to Asia could reduce annual emissions by the equivalent of removing every single car from Canadian roads.
Carbon Emissions
Saudi Arabia Commits $2.5 Bln to Middle East Green Initiative - Crown Prince
Saudi Crown Prince Mohammed bin Salman speaks during the Future Investment Initiative Forum in Riyadh, Saudi Arabia October 24, 2018. Bandar Algaloud/Courtesy o…
Smart Meter
Flexibility Service Pays UK Smart Meter Homes to Reduce Energy Use
National Grid ESO is running a demand flexibility service this Winter where UK energy consumers with smart meters will be paid to reduce their consumption.
Nuclear Power Plant
Czech Govt Proposal for Revenue Cap on Power Producers Hits Nuclear Hardest
The Czech industry ministry has proposed a cap on power producers' revenue ranging from 70 to 230 euros per megawatt hour, depending on the source.
Carbon Emissions
DP World Earmarks $500 Million to Cut CO2 Emissions Across Its Business
Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next fi…
Carbon Neutral
World’s Greenest Warehouse to Be Built in Sweden
The project will lead the way to urgent CO2 reductions as called for by COP27.
Wind Farm
CNOOC Limited Announce Wind Farm in China
ConocoPhillips China and CNOOC announced the commencement of the Penglai offshore wind farm on Sunday during the fifth China International Import Expo held in S…
Electric Car
First Fit for 55 Deal to Bolster EV Uptake
The first Fit for 55 deal has been signed between the European Council and the European Parliament on a 100% CO2 emission reduction target for all EU vehicles b…
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 …
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