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COP28

UN Climate Chief Calls for $2.4 Trillion in Climate Finance

Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) Simon Stiell speaks during the United Nations Climate Change Conferenc…

LNG

FACTBOX European and Asian Companies Affected by US Pause on LNG Export Permits

Model of LNG tanker is seen in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsU.S. President Joe Biden's admi…

Renewable Energy

Totalenergies Explores US, Europe Renewable Portfolio Stake Sale- Sources

The logo of French oil and gas company TotalEnergies is seen at the company's headquarters skyscraper in the financial and business district of La Defense, …

Carbon Capture

Indonesia Teams up With Italy's Eni on Decarbonisation

Indonesia's Energy and Mineral Resources Ministry said on Friday it had signed a memorandum of understanding with Italian energy group Eni (ENI.MI), opens n…

Oil & Gas Trade

Exxon Beats Estimates, Ends 2023 With a $36 Billion Profit

Exxon Mobil (XOM.N), opens new tab on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas productio…

Power Construction

FERC Approves New England Plan to Improve Grid Reliability

The Federal Energy Regulatory Commission (FERC) this week approved a plan by New England's grid operator to expand its day-ahead market, a move that could a…

Natural Gas

Tanzania's TPDC Doubles Gas Field Stake in Deal with Maurel & Prom

State-run Tanzania Petroleum Development Corporation (TPDC) has paid $23.6 million to double its shareholding in the Mnazi Bay natural gas field under an agreem…

Solar Panel

Italy to Invest in Enel Plant to Boost Solar Panel Production, PM Says

Italy's Prime Minister Giorgia Meloni holds her end-of-year news conference in Rome, Italy, December 29, 2022. REUTERS/Guglielmo Mangiapane/File Photo Acqui…

Photovoltaic （PV）

Photon Energy Commissions Its 10th PV Power Plant in Romania

Photon Energy completed and grid-connected its tenth photovoltaic (PV) power plant in the Romanian market. The installation has a generation capacity of 3.8 MWp…

Oil & Gas Trade

Japan's Gas Imports Plummet as Nuclear Reactors Restart

Japan’s liquefied natural gas imports for January fell to the lowest level for that month in over a decade, as nuclear reactor restarts, higher renewables…

Biofuel

Eni to Build Third Biorefinery in Italy

Eni SPA said it is awaiting government clearance to begin construction of its third biofuel production plant in Italy, proposed to rise in the port city of Livo…

Electric Vehicles

Tesla Cybertruck Wheel Covers Cause Unusual Wear, Will Be Redesigned

Tesla Cybertrucks are now being delivered without aerodynamic wheel covers installed, due to the covers causing excessive wear and tear to tires. Tesla is curre…

Electric Vehicles

BYD EV Sales Grew Nearly 50% in January as Exports Reached a New High

After topping Tesla in the final three months of 2023, BYD is starting the year off strong with EV sales rising another 50% in January.BYD EV sales momentum con…

Hydrogen Fuel Cell

DOE Awarding $10.5m to 3 Projects to Advance Hydrogen Combustion Engine Innovation

The US Department of Energy (DOE) recently announced 27 projects to receive $71 million to develop innovative and equitable clean mobility options, including $1…

Nuclear Technology

UK Strengthens Nuclear Regulation, IAEA Mission Finds

The UK has a strong commitment to nuclear and radiation safety and has made progress to reinforce its regulatory functions, although recruitment challenges rema…