Ei

Blue Hydrogen Market Revenue to Reach US$4.5 BN by 2030

The market growth is driven by the rising popularity of this technology worldwide. Lately, several global industries and regulatory organisations have begun to …

Electric Car

U.S., EU Launch Formal Group to Discuss Conflict Over EV Subsidies

U.S. and European Union officials will formally launch a task force next week to discuss new American laws that Europeans fear will discriminate against foreign…

Natural Gas

EU Countries Look to Map Out Path to Gas Price Cap

European Union energy ministers will discuss a bloc-wide gas price cap on Tuesday, attempting to navigate their next steps although it is likely to be weeks bef…

Net Zero Emission

Carney Says New Data Will Hold Banks Accountable for Climate Progress

Former Bank of England governor Mark Carney said a new data utility being set up by an environmental group he leads will make banks and other institutions accou…

Nuclear Power Plant

New Slovak Nuclear Plant Moves Closer to Launch

Slovakia's new 471 megawatt (MW) Mochovce Unit 3 nuclear power plant over the weekend took another step towards being ready to launch in early 2023, reaching a …

Net Zero Emission

EU Countries Agree to Hike Climate Change Target Next Year

European Union countries agreed on Monday to raise their target to curb greenhouse gas emissions under the Paris climate agreement next year.

Oil Refinery

Exxon Shares Surge to Record High on Strong Earnings Outlook

Exxon Mobil Corp shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil produce…

Hydrogen Project

Germany Receives First Container of UAE Hydrogen-Based Ammonia Fuel

Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, and German Vice Chancellor Robert Habeck attend ceremony in Hamburg

Electricity Transmission

EIB Invests Nearly Half a Billion Euros in Major German Grid Expansion Plan

The European Investment Bank (EIB) is providing Dutch-German TSO TenneT with a loan of €450 million ($440 million) for the construction of a 185km electricity …

LNG

World’s First Emissions-Reducing Integrated Hybrid Drive System for an LNG Plant

​Northeast Energy Center (NEC) and Chart Energy & Chemicals selected Siemens Energy to supply a gas/electric hybrid drive system for NEC’s LNG plant being bui…

BMW Tests Hydrogen Burner at German Plant, Expands Battery Assembly Lines

BMW is testing a burner able to operate on both hydrogen and gas in its paint shop in Leipzig, the carmaker said on Thursday.

Natural Gas

EU Leaders to Keep Studying Gas Price Caps

European Union leaders ended another debate on the bloc's response to the energy crunch without agreement on whether to cap gas prices, deciding in the early ho…

Oil&Gas Drilling

Liz Truss Resigns, Becomes the Shortest Serving Prime Minister in History

New UK PM Liz Truss, the former oil economist for Shell, tendered her resignation on Thursday, just days after putting forward a budget that wreaked havoc in th…

Carbon Emissions

Cities Must Slash Emissions 50% By 2030 for 1.5°C Pathway

Cities must halve their per capita emissions by 2030 to remain on a 1.5°C trajectory, finds a new report that prescribes low-emissions mass transit, better was…

OPEC

U.S. Senate Panel Advances Bill to Rein In OPEC+ Over Oil Output Cut

A U.S. Senate committee this week quietly advanced a bill that seeks to rein in OPEC+ after the oil producer group led by Saudi Arabia and Russia this month agr…