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LNG

CEZ Seeks Higher Capacity at Dutch LNG Terminal, Wants Damages From Gazprom

Czech power utility CEZ is in talks to raise the capacity it has booked at a new Dutch liquefied natural gas (LNG) terminal.

Net Zero Emission

Australia Signs up to Global Pledge to Cut Methane Emissions by 30%

Australia's climate change minister Chris Bowen on Sunday said the government has joined the Global Methane Pledge as part of multilateral efforts to reduce glo…

Hydrogen Project

Asia’s Richest Person Adani Aims for Europe With Huge Morocco Clean Energy Project

Billionaire's conglomerate is considering building wind and solar generation plants in the North African nation and units to produce green hydrogen for export. …

Net Zero Emission

Ottawa and Alberta Clash Over Who Must Pay to Lift Canada’s Carbon Capture Credits

Canada's federal government and the main oil producing province of Alberta are at odds over who should pay to bolster tax credits and scale up a crucial technol…

Oil Shale

Shale Firms Discount 'U.S. Put' as Inadequate to Lift Oil Output

U.S. shale oil executive Matt Gallagher this week took a poll on Twitter to gauge sentiment toward President Joe Biden's offer to stock the U.S. emergency oil r…

Oil Refinery

Exxon Shares Surge to Record High on Strong Earnings Outlook

Exxon Mobil Corp shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil produce…

Carbon Emissions

Deutsche Bank Sets 2030 Targets to Cut Emissions Tied to Loans

Deutsche Bank on Friday said it aimed to reduce the emissions tied to its upstream corporate oil and gas sector loans by 23% by 2030, as part of a series of tar…

Electric Car

Vehicle Manufacturers to Double Spending on EVs, Batteries to $1.2 Trillion by 2030

Car makers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production.

Hydrogen Project

Germany Receives First Container of UAE Hydrogen-Based Ammonia Fuel

Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, and German Vice Chancellor Robert Habeck attend ceremony in Hamburg

Brazil

Wind Power Will Quadruple in Brazil by the End of the Decade

The 13th edition of Brazil Windpower, the main congress and fair in Latin America on wind energy, promoted this morning the panel “Production chain and its inp…

Electricity Transmission

EIB Invests Nearly Half a Billion Euros in Major German Grid Expansion Plan

The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity …

LNG

World’s First Emissions-Reducing Integrated Hybrid Drive System for an LNG Plant

​Northeast Energy Center (NEC) and Chart Energy & Chemicals selected Siemens Energy to supply a gas/electric hybrid drive system for NEC’s LNG plant being bui…

Net Zero Emission

Zero-Emission Transport a Step Closer Thanks to New UCL-HORIBA Partnership at UCL East

A new HORIBA Chair will work with industry and academia to champion and develop new propulsion technologies, creating the next generation of battery and fuel ce…

Oil Field

UK’s Lloyds Ditches Project Finance for New Oil and Gas Fields

Britain's biggest domestic bank Lloyds said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lende…

Electric Vehicle Battery

VW Steps up EV Battery Development and Production

Volkswagen has established partnerships to investigate new battery materials and to establish a large scale battery supply chain.