Energy

Crude Oil

Saudi Energy Minister Stresses the Importance of Oil Security

The world cannot go without Saudi oil exports for more than two or three weeks, Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman.

Energy Transition

AIIB, GEAPP to Invest $1b for Energy Transition Projects

They will identify co-financing opportunities in both the public and private sectors.

Electric Car

COP27: U.S. In Talks With EU on Electric Car Tax Credits

The United States is listening to the concerns of European counterparts about the trade tensions triggered by the Biden administration's clean vehicle subsidies…

Nuclear Power Plant

COP27: At Long Last, Nuclear Energy Is Having Its Moment

For the first time in its 27 year history, the International Atomic Energy Agency has set up shop at the UN's climate conference.

Energy Transition

Show Us the Money: Developing World at COP27 Seeks Financing Details

Finance took centre stage at the COP27 climate talks on Wednesday, with U.N. experts publishing a list of projects worth $120 billion that investors could back …

Electric Car

World-First: Volvo Delivers Electric Trucks With Fossil-Free Steel to Customers

As the world’s first truck manufacturer to do so, Volvo has begun using fossil-free steel in its trucks.

Hydrogen Production

New Approaches to Create Hydrogen Energy From Biomass Feedstocks

An engineering group believes in the integrated promise of two paths to carbon-neutral power: biomass and hydrogen.

Wind Power Project

UAE’s Masdar Signs on 10GW Wind Project in Egypt

Renewable energy company Masdar, renewable energy developer Infinity Power and Hassan Allam Utilities have signed a Memorandum of Understanding (MoU) to develop…

Smart Meter

Neoenergia Expands Smart Meter Network With IoT Tech

Neoenergia Group, a Brazilian subsidiary of energy giant Iberdrola, has announced the expansion of its smart metering network with Cat-M1, an Internet of Things…

HVDC

Equinor and Hitachi Energy to Develop High-Tech HVDC/AC Grid Connectors

The energy giants have announced a collaboration to develop standardised base designs for High-Voltage Direct Current (DC) and Alternating Current (AC) transmis…

Hydrogen Project

Uniper Partners With NewMed Energy on LNG and Hydrogen to Minimise Energy Crisis

German energy company Uniper and Israel’s NewMed Energy will explore ways of collaborating on the supply of liquefied natural gas (LNG) in the short and long t…

Wind Turbine

Vestas Secures 300 MW Order of EnVentus Turbines for Goose Creek Wind

Vestas has received a 300 MW order from Apex Clean Energy to power the Goose Creek Wind project in Illinois, the US.

Energy Transition

Spain's Iberdrola to Invest $47 Bln in Energy Transition in 2023-25

Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two year…

Natural Gas

Eni Can Double Italian Gas Production in 30-36 Months, CEO Says

In the next two and a half to three years Eni could almost double its gas production in Italy, the energy group's CEO said on Wednesday.

Oil Price

IEA's Birol Says $100 Oil 'Real Risk' for Economy

The head of the International Energy Agency (IEA) said on Wednesday oil prices "flirting with $100" were a real risk for the global economy.