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Economy
Ireland
Statkraft Signs 366MW Irish Power Play With Microsoft
Renewable power will come from three wind and three solar projects located across the country
United Kingdom
Dismantling Old North Sea Wells Could Cost £20BN
It is estimated around 2,100 wells in the North Sea will be decommissioned over the next decade
Israel’s Econergy Secures €250M Investment for Renewable Projects
The investment will be provided by RGREEN INVEST.
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…
Germany
German Finance Ministry Wants 33% Windfall Tax on Energy Firms - Die Welt
Germany's finance ministry aims to introduce a 33% tax on oil and gas companies that have benefited from windfall profits, Die Welt newspaper reported on Tuesda…
Energy Investment
Italy’s A2A Scales Down Investments to 16 Bln Euros by 2030 to Cut Carbon Footprint
Italy's largest regional utility A2A on Tuesday scaled back its investments aimed at cutting its carbon footprint, as volatility in energy markets prompted the …
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
Shell Reviews £25BN UK Investments Plan Because of Windfall Tax
The government recently extended the money raising measure
Jordan
Masdar and Jordan’s Ministry of Energy Explore 2GW of Renewables Projects
Renewable energy company Masdar has signed a Memorandum of Understanding (MoU) with Jordan’s Ministry of Energy and Mineral Resources to collaborate on the dev…
United States
U.S. Vice President Harris Announces $20 Million New Clean Energy Funding for Mekong Region
U.S Vice President Kamala Harris announced $20 million in new funding for clean energy projects in the Mekong region, during the last day of her tour of Thailan…
France
France Spends 8.4 Billion Euros to Help Companies With Energy Bills
France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to cushion the impact of rising electricity and gas price…
Italy
New Italian Government’s Budget to Boost Spending to Fight Energy Crisis
Italy's new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on curbing the imp…
Natural Gas
Biogas Producers Amp Americas, BerQ RNG up for Sale -Sources
The owners of two North American renewable natural gas (RNG) producers have put them up for sale, after new U.S. tax incentives and recent big investments in th…
Israel
Israel’s Econergy Secures 250 Mln Eur Financing for Renewable Projects
Israel's Econergy Renewable Energy has secured 250 million euros ($258 million) of financing from French asset manager RGREEN INVEST to strengthen its investmen…
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