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Tesla Gigafactory Catches Fire in Germany

A major fire appears to have broken out at Tesla's Berlin recycling plant, prompting a local group of environmentalists who have been fighting the company to ca…

Carbon Emissions

Emirates Steel Arkan Teams up With Japanese Companies to Produce Low-Carbon Steel

Partners plan to build a ferrous raw material production facility in Abu Dhabi to meet growing demand for green steel

Offshore Wind Power

Masdar and Germany’s RWE Renewables Sign Offshore Wind Projects Agreement

Companies to identify opportunities globally amid push for renewable energy deployment

Hydrogen Technology

Vattenfall Commissions Pilot Facility in 100GWH Green Hydrogen Underground Cavern in Sweden

Swedish state-owned energy company Vattenfall has commissioned a green hydrogen storage pilot facility within a 100GWh capacity cavern.

Asia to Account 63% Of Renewable Capacity Additions Until 2031

Around 66% will be coming from the non-hydropower sector.

Energy Transition

Energy Firms ‘on Track’ to Meet Energy Transition Target: Report

More than 40% of companies are expected to be powered by renewables by 2030.

Offshore Wind Power

Octopus Energy to Buy 15.5% Stake in Lincs Offshore Wind Farm

Operated by Ørsted, the 270MW offshore project is equipped with 75 turbines.

Coal-Fired Power Plants

Converting Coal Power Plants to Nuclear Gains Steam

A U.S. Department of Energy report identifies over 300 coal plants that could be swapped over

Natural Gas

Gazprom Says It Sees Gas Shipments to Europe via Ukraine Stable on Monday

Russia's Gazprom said on Monday that it will ship 42.4 million cubic metres of gas to Europe via Ukraine toda.

Net Zero Emission

Saudi Arabia Launches Five Renewable Energy Projects

The new wind and solar farms will have a total capacity of 3,300 megawatts

Nuclear Power Plant

Jacobs to Support Refurbishment of UK Nuclear Research Labs

Engineering services company Jacobs was selected as lifecycle delivery partner to support infrastructure renewal projects at various facilities run by the UK’s…

Offshore Wind Power

Iberdrola Hires Barclays to Sell Stake in Spanish Renewable Portfolio, Expansion Says

Spanish power company Iberdrola hired Barclays' investment bank to sell up to 49% in a portfolio of Spanish renewable power projects.

Crude Oil

Brent Crude Slides Below $85 a Barrel as Dollar Surges

Brent crude fell below $85 a barrel Monday, as recession fears weighed and the U.S. dollar surged.

Oil Price

Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol

The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s…

LNG

UAE Signs Energy Agreement With Germany’s Scholz

The president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan, has signed an agreement with German Chancellor Olaf Scholz that covers accelerat…