Energy

Crude Oil

UK-Based Firm Records ‘Largest Ever Realised’ Crude Oil Lifting

London-based and Oslo-listed oil and gas company Panoro Energy has completed a crude oil lifting, which it describes as the largest one to date, garnering over…

Egypt

Egypt’s Infinity to Become Africa’s Largest Renewable Energy Company

Infinity and Africa Finance Corporation will acquire Lekela Power in deal that includes 2.8-gigawatt portfolio of wind power and greenfield projects

France

France to ‘Be Sued Over Its Plan to Nationalise EDF’

An association of EDF employee shareholders has said the government’s decision defies the interests of its minority shareholders

Energy Storage Battery

Frv and Harmony Energy to Construct UK Battery Storage Project

Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, and UK developer Harmony Energy, have announced the initial construction works of Clay Tu…

Energy Transition

Blockchain Peer-To-Peer Energy Exchange Launches in UK

More than 3,000 British homes have signed up for a peer-to-peer scheme to receive 100% traceable renewable energies.

MENA Power Projects Forum 2022 to Focus On US$250 Billion Worth of Upcoming Power Projects in MENA Region

Power and utilities companies will have enough businesses as governments in the MENA countries plan to implement US$250 billion worth of power projects includin…

United Kingdom

Two Thirds of Energy Industry Professionals Think the Market Needs to Be Drastically Reformed

A survey conducted by Cornwall Insight has shown nearly two thirds (63%) of people working in the energy industry believe the UK market needs to be drastically …

Energy Storage Battery

Battery Storage to Be a Quarter of Ireland’s Installed Capacity by 2030

Data from Cornwall Insight Ireland’s - ‘All-Island Power Market Outlook to 2030’ paper - has shown battery storage capacity will grow to become nearly a quar…

Worley to Digitise Shell Gulf of Mexico Assets

Engineering giant will focus on five Shell facilities

GE’s Energy Business Will Have a New Name—Vernova

General Electric (GE) is again announcing changes to its corporate structure, with the company on July 18 saying its energy and other businesses will operate un…

Energy Storage Battery

Dutch Battery Projects Combat Grid Bottleneck

Grid operator Liander and GIGA Storage, developers of large-scale battery systems, have started pilots in the Dutch cities Amsterdam, Alkmaar and Lelystad with …

India

Firetrace Expands Into Chinese and Indian Markets

Firetrace International, a provider of fire suppression technology, has opened facilities in India and China, bringing its fire safety support to these rapidly …

Uniper: How Long 2 Bln Euro Credit Facility Will Last Depends on Market

Embattled German utility Uniper said that how long a 2 billion euro ($2.02 billion) credit facility it drew down earlier Monday would depend on how the market d…

Compressed Air Energy Storage

California Energy Commission to Decide on 4GWH Advanced Compressed Air Storage Site

Advanced compressed air energy storage (A-CAES) company Hydrostor is waiting to hear if one of its proposed large-scale projects in California will get approved…

Emissions Trading System

Europe’s Climate and Energy Strategy Has Become Disturbingly Bipolar

Brussels is pursuing overambitious and costly decarbonisation policies while national capitals are desperate to guarantee the necessary energy supply and strugg…