Energy

Crude Oil

BP Snags Contract to Market Guyana’s Share of Exxon’s Offshore Oil

The UK’s largest energy company BP Plc has won a contract to market Guyana's share of crude oil produced over the next year from two offshore production platfo…

Indonesia

Indonesia Bags $500m Loan for Energy Sector, Green Recovery

The loan was approved by the Asian Development Bank.

Smart Grid

DCC Smart Meter Data to Enhance Energy Efficiency Schemes in UK

A new AI initiative by a tech firm has been announced, utilising the extensive data collected from smart meters in the UK to inform energy efficiency schemes.

Energy Storage Battery

Rolls-Royce to Supply Largest Dutch Battery Storage System

A large-scale battery storage system from Rolls-Royce – touted to be the largest in the Netherlands – is the latest to help the Dutch grid manage its overflow…

Hydrogen Production

ABB Energy Management System Drives Green Hydrogen Efficiency

Automation company ABB has released an energy management system, which uses real-time visibility of energy consumption across operations to increase efficiency …

Solar Power Plant

Expansion Planned for West Africa’s Largest Solar Plant

Middle Eastern renewable energy company AMEA Power has announced the expansion of the Mohammed Bin Zayed Solar Power Plant in Togo, from 50MW to 70MW.

Net Zero Emission

ANZ Earmarks $67 Bln to Accelerate Net Zero Transition

Australia and New Zealand Banking Group Ltd said on Friday it had earmarked A$100 billion ($67.63 billion) to help its customers lower carbon emissions by 2030,…

Canada

Canada's Alberta Province Forecasts C$12.3 Bln Budget Surplus

Canada's main oil-producing province Alberta on Thursday forecast a C$12.3 billion ($9.2 billion) budget surplus for the 2022/23 fiscal year, but warned economi…

Saudi Arabia

Saudi, Iraqi Energy Ministers Meet, Review Oil Markets

The energy ministers of Saudi Arabia and Iraq met on Thursday and stressed the importance of adhering to OPEC+ output cuts that last until the end of 2023.

Energy Transition

Vietnam Boosts Coal Use Plan for 2030 as G7 Climate Offer Stalls

Vietnam has increased its coal power target for 2030 under a revised draft energy plan, government documents seen by Reuters show, while renewables goals were s…

Spain

Spanish Windfall Tax on Banks, Energy Firms Clears First Hurdle

An amended windfall tax proposal for Spanish banks and large energy companies cleared its first hurdle in parliament in the early hours of Friday with the backi…

Nuclear Reactor

EDF Could Lose 5 Bln Euros from France's Windfall Tax -Les Echos

A planned French windfall tax on energy companies' profits during Europe's current energy crisis would likely cost debt-laden nuclear giant EDF around 5 billion…

Metaverse Energy Research to Launch in Australia

University of Wollongong Professor Willy Susilo has been awarded more than Au$400,000 (US$266,000) for research into green and sustainable energy-efficient meta…

Germany

Germany Is Not Blocking EU Energy Solution but Is 'Sceptical', Minister Says

Germany is not standing in the way of the European Union's solution to the energy crisis, Economy Minister Robert Habeck told the Handelsblatt daily on Thursday…

Carbon Emissions

Volatilia, Uzbek Gov’t to Develop up over 400MW Renewables

It will be divided into solar, wind, and battery storage.