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Wave Energy
AWS Ocean Energy Starts Shakedown Trial for Waveswing Converter
Scottish wave energy firm AWS Ocean Energy has started sea trials of its Waveswing wave energy converter at the European Marine Energy Centre’s (EMEC) Scapa Fl…
Natural Gas
Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says
Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…
United Kingdom
Ithaca Energy Gains Access to Two of the Largest Undeveloped Discoveries in UK North Sea
North Sea-focused Ithaca Energy has reached an agreement to acquire Siccar Point Energy for a price tag of nearly $1.5 billion. This is Ithaca’s second expansi…
Natural Gas
Price Volatility and Rising Demand Revive U.S. Natural Gas Trading
Natural gas trading is seeing a renaissance in the United States with the return of price volatility, while market turmoil in Europe could keep gas demand and e…
Carbon Emissions
EU to Fund Bulgaria’s €6.3bn Recovery Plan
The European Commission has approved Bulgaria’s latest recovery and resilience plan, providing €6.3 billion in grants.
Philippines
Philippines to Speed up Decarbonisation of Power Sector
The Philippines is expected to accelerate the decarbonisation of its energy sector amidst increasing investor interest and rapidly expanding project pipeline, F…
Hydrogen Production
Novel Electrocatalyst Developed for Biomass Upgrading and Hydrogen Generation
Prof. Zhang Jian's team at the Ningbo Institute of Materials Technology and Engineering of the Chinese Academy of Sciences has developed a highly effective coba…
Crude Oil
IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels
The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.
Hydrogen Production
India Joint Venture Aims to Produce Green Hydrogen at Scale
Indian Oil Corporation has teamed up with Larsen & Toubro and ReNew Power to develop the nascent green hydrogen sector in India.
Carbon Emissions
Steelmaker Uses Green Hydrogen to Cut Carbon Emissions
For hundreds of years, raging blast furnaces — fed with coking coal — have forged steel used in cars, railways, bridges and skyscrapers.
Offshore Wind Power
Wind Industry Sees 94GW Additional Capacity: Report
The wind industry saw an additional 94-gigawatt (GW) capacity in 2021, marking its second-best year, the Global Wind Energy Council (GWEC).
Energy Transition
German Utility Deploys River Heat Pump to Decarbonise Heating
Siemens Energy is supplying a large-scale river heat pump to Mannheim-based utility MVV in Baden-Württemberg, Germany.
United Kingdom
UK Targets More Nuclear, Wind Power — and Fossil Fuels — in Bid for Energy Security
The U.K. government has revealed details of its long awaited, “bold” energy security strategy, but critics have derided its inclusion of fossil fuels and what…
Carbon Emissions
Methane Emissions Surged by a Record Amount in 2021, NOAA Says
Global methane emissions jumped by a record amount in 2021, U.S. National Oceanic and Atmospheric Administration said Thursday.
Coal Trade
Germany Will Need Full Transition Period to Ban Russian Coal
Germany will need to use the full four-month phase-out period to implement a ban on Russian coal under European Union sanctions, Chancellor Olaf Scholz said on …
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