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Oil Shale

Shale Giant Chesapeake to Exit Oil as It Focuses on Natural Gas

Chesapeake will fully focus on key shale gas plays.

LNG

Less U.S. Gas to Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama

The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG), driven by Asia's weak demand for U.S. LNG and limited expor…

Japan

Japan’s JERA Posts JPY11.7B Loss in Q1

This is a JPY75.8b drop from the JPY64b profit last year.

Carbon Emissions

Toyota Unit Falsified Emissions Data From at Least 2003, Probe Finds

A major affiliate of Japan's Toyota Motor Corp falsified emissions data on some engines going back to at least 2003, more than a decade earlier than previously …

EU

EU Approves 3-Billion-Euro German Green Heating Scheme

The European Commission said on Tuesday it had approved the German government's 3-billion-euro scheme to support renewable energy and waste heat-based district …

EU

Europe Urged to Clamp Down on Growing Greenhouse Gases Black Market

Illegal hydrofluorocarbons smuggled into the EU amount to nearly 30% of the legal trade, according to the Environmental Investigation Agency

Carbon Emissions

Amazon’s CO2 Emissions Grew 18% In 2021

The retail giant has admitted that there are “big challenges” ahead as it races to reach its 2040 net zero target

Crude Oil

BP Profit Triples on Soaring Energy Prices

Oil company reveals profits increased to a 14-year high.

Offshore Wind Power

Vattenfall Prequalifies for the Upcoming French Offshore Wind Energy Tender in the Mediterranean Sea

Vattenfall prequalifies for the upcoming floating French offshore wind tender for two projects off the coast of the Mediterranean Sea.

Poland

Iberdrola to Expand Its Renewable Capacity in Poland With 98 MW of Wind and Solar Projects

When the new facilities, already under construction, come on stream in 2023, the company will have 261 MW of installed capacity in Poland, a market that has bec…

Energy Investment

EU Backs Cleantech Innovators With €1.8BN Investment

A total of 17 projects will share the funding to bring ‘breakthrough technologies’ to the market in energy-intensive industries

Solar Cell

New $20M Research Group to Support Growth of US Solar Industry

It aims to make cadmium telluride solar cells – the second most common PV technology in the world after silicon – less expensive and more efficient.

Natural Gas

EU Gas Dependence on Russia Falls by 50%

EU countries have made headway in buying more pipeline gas from Norway, Algeria and Azerbaijan.

Oil Refinery

Global Refining Capacity to Expand With New Projects in Middle East, Asia

The world’s refining capacity is expected to increase by nearly 3 million barrels per day (bpd) by the end of next year when at least nine refinery projects ar…

SMR

US Nuclear Regulator Greenlights Its First Small Modular Reactor

The first small modular reactor (SMR) design has been approved for certification by the US Nuclear Regulatory Commission (NRC).