Economy

Shell Buys Sprng Energy Group for US$1.55Bn
Shell believes its purchase of Sprng Energy Group will enable it to become a leader across the power value chain in the rapidly growing India market.
Carbon Emissions
Investing in China’s Sustainable Finance Boom
China is the world’s largest economy in purchasing power parity, the world’s largest annual emitter of greenhouse gas emissions and the world’s largest renew…
LNG
TotalEnergies Books $4.1 Billion Impairment Charge on Arctic LNG 2 Exit
French TotalEnergies will include a $4.1-million impairment on its balance sheet over Russia sanctions that have led to difficulties with its massive Arctic LNG…
Hydrogen Production
Will Green Hydrogen Power Our Future?
The hydrogen revolution will accelerate the transition to a green economy, bringing the end of the fossil fuel age closer.
United Kingdom
UK Power Networks Unveils New Flexibility Tender
The tendering process will be for 292MW of power across 113 sites in London, the East and the South East of England.
Net Zero Emission
Hybrid Power Plants: Tailoring Technology to Deliver Decarbonisation
In the coming years, hybrid power plants will become an indispensable part of our energy landscape because they offer a site-specific solution to facilitate c…
Net Zero Emission
UAE Requires $681Bn Investment for Net-Zero Transition, Says Standard Chartered
Emerging markets told they need to invest an additional $94.8tn to meet long-term global warming targets.
United States
DOE Funnels $12M to Enhance US Energy Systems’ Cybersecurity
The US department of energy (DOE) has announced $12 million for six new research, development and demonstration (RD&D) projects that will develop cybersecurity …
Electric Car
Vancouver Companies Working Toward Transition to Zero-Emission Vehicles
Three Vancouver companies are accelerating the transition to a low-carbon economy by advancing zero-emission vehicle (ZEV) technology with support from the Clea…
World Needs to Spend an Additional $1.3Bn on Energy by 2030
A new report found that oil and gas need a boost in contrast to previous IEA report which urged governments to stop new fossil fuel plans.
Net Zero Emission
University of East London and Siemens to Drive Net Zero and Boost Green Economy
The University of East London (UEL) has formed a strategic partnership with Siemens to deliver net zero carbon by 2030 and boost the green economy with a future…
Energy Storage Battery
CATL’s Revenue Hits USD 20 Bn, Full-Year Net Profit Dips to 26.28%
Amid increasing raw material cost and China’s zero-COVID policy, CATL’s net profit was down by 1.48 percentage points to 26.28%
Crude Oil
Guyana Gets $106 Million From Exxon for Oil From Newest Offshore Platform
Guyana sold its first share of crude oil from the country's newest offshore production facility to Exxon Mobil (XOM.N) for about $106 million, the government sa…
Net Zero Emission
Britain Moves Ahead with Mandatory Climate Plans for Companies
Britain unveiled a new taskforce on Monday to write rules forcing financial firms and listed companies to publish plans from next year for transitioning to a ne…
CNOOC
China’s Largest Producer of Offshore Oil & Gas Moves to Make Full Use of Domestic and Overseas Financing Channels
Aiming to make full use of domestic and overseas financing channels, Chinese oil and gas giant CNOOC Limited has launched an initial public offering (IPO) on Sh…

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Economy

Shell Buys Sprng Energy Group for US$1.55Bn

Investing in China’s Sustainable Finance Boom

TotalEnergies Books $4.1 Billion Impairment Charge on Arctic LNG 2 Exit

Will Green Hydrogen Power Our Future?

UK Power Networks Unveils New Flexibility Tender

Hybrid Power Plants: Tailoring Technology to Deliver Decarbonisation

UAE Requires $681Bn Investment for Net-Zero Transition, Says Standard Chartered

DOE Funnels $12M to Enhance US Energy Systems’ Cybersecurity

Vancouver Companies Working Toward Transition to Zero-Emission Vehicles

World Needs to Spend an Additional $1.3Bn on Energy by 2030

University of East London and Siemens to Drive Net Zero and Boost Green Economy

CATL’s Revenue Hits USD 20 Bn, Full-Year Net Profit Dips to 26.28%

Guyana Gets $106 Million From Exxon for Oil From Newest Offshore Platform

Britain Moves Ahead with Mandatory Climate Plans for Companies

China’s Largest Producer of Offshore Oil & Gas Moves to Make Full Use of Domestic and Overseas Financing Channels