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Energy Transition

COP27 Climate Summit Missed Chance for Ambition on Fossil Fuels, Critics Say

Fossil fuel producers benefited from sympathetic treatment in Egypt at the COP27 climate talks, government officials said, bringing their influence to bear in r…

Crude Oil

Nigeria’s Oil Industry Can Flourish Despite Oil Theft

A recent report from NEITI revealed that the Nigerian government had earned $741.48 billion from oil and gas between 1999 and 2020.

Offshore Wind Power

Chinese Groups Unveil World’s Largest Offshore Wind Turbine

Two Chinese companies announced production of the largest offshore wind turbine built to date, a 16-MW unit developed by China Three Gorges (CTG) and Goldwind. …

Electric Vehicle Battery

Japanese OEMs Lead Solid-State Battery Goldrush

Innovation in solid-state batteries for EVs and electronics is being spearheaded by Japanese giants including Toyota and TDK, according to a new report.

Electric Car

Mazda Unveils $11 Bln EV Spending Plan, Considers Investing in Battery Production

Japan's Mazda Motor Corp on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and said it was also considering investing in battery produ…

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 …

OPEC

UAE Denies It Is Engaging in Discussion With Other OPEC+ Members to Change Their Latest Agreement - Minister

United Arab Emirates' energy minister said on Monday that the Gulf state denied that it is engaging in any discussion with other OPEC+ members to change their l…

Energy Storage System

UK Unveils Europe’s Largest Energy Storage System

Europe’s largest battery energy storage system by megawatts per hour will be officially online from today, marking a new era in power diversification in the UK…

Net Zero Emission

US Outlines Their Commitment to Reaching Net-Zero Global Emissions

At COP27, the United States of America (US) Secretary of Energy reiterated the country’s commitment to reaching net-zero global emissions and combatting climat…

Solar Technology

British Solar Tech Business Strikes Italian Distribution Deal

British solar thermal design and engineering company Naked Energy today announces their partnership with Italian energy service company X3Energy.

Solar Cell

Understanding Organic Solar Cell Energy Loss Boosts Technology

Organic solar cells are a promising new technology with the potential to be more attractive for urban or façade applications than the common silicon solar pane…

United Kingdom

Nearly 60% Of Britons Are “Concerned” About Potential Blackouts This Winter

Almost half feel “prepared” to cope with blackouts in their area, according to a new survey

E.ON’s Leonhard Birnbaum Takes the Reigns at Eurelectric

Leonhard Birnbaum, CEO and chairman of the Board Management of E.ON, has been appointed acting president of Eurelectric, federation of the European electricity …

Offshore Wind Power

Equinor and bp Unveil $5M Offshore Wind Ecosystem Fund in New York

The two energy giants are developing the Empire Wind and Beacon Wind projects, which will generate enough renewable energy to power more than two million New Yo…

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…