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EU

EU Watchdog Backs ESG ‘Quality Label’ for Market Benchmarks

The European Union's markets watchdog said on Friday that a 'quality label' for market benchmarks would help prevent investors being misled by environmental, so…

LNG

Ukraine’s Naftogaz Backs Scholz’s Bid for Canadian LNG Ahead of Trip

Shortly before his two-day trip to Canada, German Chancellor Olaf Scholz received support for his interest in Canadian liquid natural gas to help replace Russia…

Electric Car

Australian Bank to Scrap Loans for New Diesel and Gasoline Cars as Country Looks to Increase EV Uptake

According to the International Energy Agency, electric vehicle sales hit 6.6 million in 2021.

Nuclear Power Plant

German Economy Minister Rules Out Keeping Nuclear Plants Running to Save Gas

German Economy Minister Robert Habeck ruled out on Sunday extending the lifespan of the country's three remaining nuclear power plants in order to save gas, say…

Solar Power Plant

Nearly 50% Of Africa Has No Access to Power, Could Renewables Help?

The IRENA estimates that renewable energy sources could help Africa meet around a quarter of its energy needs by 2030.

Oil Price

Why Buffett’s Berkshire Hathaway Is Seeking to Buy Up to 50% Of Occidental

The conglomerate first made a bet on the Houston-based oil company three years ago

LNG

Japan's Mitsui Nears Decision to Join New Sakhalin-2 Operator, Nikkei Reports

The logo of Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, January 10, 2018. REUTERS/Toru HanaiJapanese trading firm Mitsui & Co is close to mak…

Oil Refinery

Shell Cuts Output at German Refinery as Rhine Is Drying up

The company has cited the “low water level” of Rhine as the reason for its decision

Hydropower Plant

Europe’s Hydropower Generation Hits Record Lows Due to Drought

The effects of the drought conditions in many European countries are being felt in the hydropower generation sector, with low water levels in reservoirs constra…

Tidal Energy

EMEC Scores Funding for Hydrogen Trailers at Tidal Power Project Site

Net Zero & Energy Secretary Michael Matheson at EMEC site on Eday with hydrogen transport trailer (credit EMEC)The European Marine Energy Centre (EMEC) has been…

India

India May Not Reach 175GW RE Capacity Target by 2022: Fitch

The passage of the Energy Conservation (Amendment) Bill will support its growth.

Hydrogen Production

Australian Start-Up’s Hydrogen Find Offers Hope for Coal Plants

Star Scientific's technology uses a catalyst that can turn hydrogen and oxygen into superheated steam capable of driving a power-station turbine

Energy Storage Battery

Mobile Battery Storage Demonstrates Potential in German Pilot

East German energy service provider E.DIS has wrapped up its study on the influence of mobile battery energy storage on the distribution grid.

Wind Farm

Uzbekistan and ACWA Power Sign $1Bn Clean Energy Agreements

Saudi Arabian power company ACWA Power has signed three energy agreements with Uzbekistan’s Ministry of Energy totalling $12 billion.

Smart Meter

Switch2 Energy Releases Heat Savings Calculator amid Cost of Living Crisis in UK

As energy bills are on a staggering rise, a new heat network efficiency savings calculator has been made available to UK network operators by Switch2 Energy as …