Du

United Kingdom

British Households Should Cut Energy Use Where Possible This Winter -Ofgem

British households should reduce their gas and electricity use where possible this winter to help cut costs and reduce the risk of power cuts.

Natural Gas

EU Leaders May Back New Gas Price Benchmark, Document Shows

European Union country leaders may support plans to launch a new gas price benchmark at a meeting next week, as they seek to curb energy prices for consumers an…

Crude Oil

Saudi Arabia, United States Clash Over Reason for OPEC+ Oil Cut

Saudi Arabia rejected as "not based on facts" criticism of an OPEC+ decision last week to cut its oil production target despite U.S. objections.

Crude Oil

Oil Slides as U.S. Crude and Gasoline Stocks Surge

Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans…

Crude Oil

ADNOC Drilling Contract as UAE Steps up Oil & Gas Production

ADNOC Offshore awards US$980m contract for the hire of two jack-up offshore rigs and associated manpower and equipment.

Electric Car

GM Launches Energy Storage Business

GM Energy is aimed to provide a range of home, business and electric vehicle (EV) energy storage and charging products and services.

United States

U.S. Power Use to Reach Record High in 2022 as Economy Grows, Weather Hotter -EIA

U.S. power consumption will rise to a record high in 2022 due to rising economic activity and hotter summer weather.

Carbon Neutral

UK Professors Say Hemp Can Make Scotland’s Agricultural Sector Carbon-Neutral

Boosting hemp production in Scotland could bring “huge” environmental benefits to the agricultural sector, according to a new report.

Hydrogen Production

Goldman Sachs: Hydrogen Generation Could Grow Into $1 Trillion per Year Market

The EU plans to install 40 gigawatts of electrolyzers within its borders and support the development of another 40 gigawatts of green hydrogen in nearby countri…

Energy Saving

Industry Leaders Unite Behind Cogeneration in Letter to EU Commission

COGEN Europe, the European Association for the Promotion of Cogeneration, has presented the European Commission with an open letter calling for cogeneration to …

Crude Oil

White House Leaves Door Open for Additional SPR Releases

The White House said on Tuesday that it has many options to counteract OPEC+’s looming production cuts, including the release of even more crude oil from the n…

United Kingdom

UK Moves to Cap Revenues of Low-Carbon Energy Producers

Britain set out plans for a temporary revenue limit on low-carbon electricity generators on Tuesday, which the government said had the potential to save billion…

Carbon Emissions

Hybridizing Diesel Engines to Cut Carbon Emissions

Finding alternatives to conventional fuels such as gasoline is a major way to reduce emissions and air pollution and help combat global warming.

KSOE to Demonstrate Fuel Cell-Applied Ship Operation

Hyundai Heavy Industries Group speeds up the era of eco-friendly ships by launching a demonstration project to apply fuel cells, which are in the spotlight as a…

New Electrode Technology Boosts Efficiency of Power-to-Gas Production

Tokyo-based Toshiba Corporation has developed new technology that helps to improve the efficiency and potentially the commercial viability of Power-to-Gas (P2G)…