Ea

Solar Power Plant

Eni Launches Solar Lab and PV Plant to Decarbonise Oil Operations in Algeria

Italian oil major Eni and Algerian state-owned oil company Sonatrach have inaugurated a Solar Lab and laid the first stone of a new 10MW PV plant in the Bir Reb…

Electric Vehicle Battery

Japanese OEMs Lead Solid-State Battery Goldrush

Innovation in solid-state batteries for EVs and electronics is being spearheaded by Japanese giants including Toyota and TDK, according to a new report.

ABB Launches Energy Management System for Green Hydrogen

ABB has introduced its energy management system ABB AbilityTM OPTIMAX® to the green hydrogen market, to help reduce costs of production by enabling real-time v…

Natural Gas

EU Executive Proposes Gas Price Cap at 275 Euros/MWh

The European Union executive on Tuesday proposed a gas price cap for the bloc at 275 euros ($282) per megawatt hour for month-ahead derivatives on the Dutch exc…

France

Markets Regulator Clears French Bid to Nationalise EDF Utility

French markets regulator AMF said on Tuesday it had cleared the French state's buyout bid, marking an important step in its plan to fully nationalise the loss-m…

LNG

Sempra Strikes LNG Supply Deal With ConocoPhillips

Sempra Energy said on Tuesday that ConocoPhillips will buy five million tonnes per annum of liquefied natural gas (LNG) from Phase 1 of the Port Arthur LNG proj…

Floating Offshore Wind

Bureau Veritas to Certify Commercial Floating Wind Project in Korea

Bureau Veritas, a world leader in testing, inspection and certification, in partnership with the Korean Register (KR), has been appointed to lead the project ce…

Energy Storage System

Harmony Energy Income Trust Brings Europe’s Largest Battery Energy Storage System Online

Europe’s biggest battery energy storage system (BESS) (by MWh) located in East Yorkshire, the UK, has been successfully energised.

Energy Investment

Britain’s Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns

North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the …

Saudi Aramco Signs Agreements Worth $11BN With Manufacturers

The move could create 5,000 jobs in Saudi Arabia over the next decade

United Kingdom

UK to Spend £20BN Closing off 2,000 Oil and Gas Wells in Next Decade, Report Says

Offshore Energies UK estimates 200 wells will be decommissioned every year at a cost of £7.8m each

United Kingdom

Shell Reviews £25BN UK Investments Plan Because of Windfall Tax

The government recently extended the money raising measure

Oil Refinery

Strike at BP’s Largest European Refinery Could Deepen Diesel Crisis

Refinery workers at BP’s biggest refinery in Europe are on a partial strike over demands for higher wages and will not cooperate in efforts to restart the Rott…

Nuclear Fuel

Finland’s Fortum Turns to U.S. In Bid to Replace Russian Nuclear Fuel

Finnish power company Fortum on Tuesday said it was planning to begin buying nuclear fuel from U.S.-based Westinghouse Electric.

Brazil

Brazil’s Incoming Government to Revoke Bolsonaro’s Biodiesel Mandate Decision

Brazil's incoming government will look to revoke a decision to keep the mandatory blend of biodiesel in diesel at 10% until March 31, 2023, a member of the tran…