Energy

Energy Transition

Transport Group CMA CGM Launches $1.5 Bln Energy Fund

French transport giant CMA CGM is creating a five-year investment fund of 1.5 billion euros ($1.5 billion) aimed at accelerating its energy transition in shippi…

Russian Federation

Enel CEO Awaits Word on Sale of Russian Unit to Lukoil

Italian utility Enel has no indication on when it can close the sale of its Russian unit, CEO Francesco Starace said on Saturday, adding prospective buyer Lukoi…

Oil Price

Will Germany Introduce a Windfall Tax on Energy Firms?

As rising energy prices and a new gas levy in Germany are expected to triple fuel bills for consumers from autumn, pressure is mounting on the government to int…

Can India's Big Bet on Green Hydrogen Slash Its Energy Imports?

While green hydrogen is regarded as a potential panacea to cut emissions, there are still major challenges in scaling up the technology and making it cost-effec…

IRENA Joins Forces with Industry Giants to Drive Decarbonisation

The International Renewable Energy Agency (IRENA), co-founding partner Siemens Energy and 13 companies across all industry sectors have launched the Global Alli…

Energy Transition

Indonesia Seeks G20 Buy-in for Energy Transition Agenda

Indonesian Environment and Forestry Minister Siti Nurbaya Bakar shakes hands with President of COP26 Alok Sharma during the G20 Environment and Climate Minister…

Smart Grid

$10.5 billion programme for US grid upgrades launched

The US Department of Energy (DOE) is seeking input on a $10.5 billion programme for smart grids and other upgrades to strengthen the country’s electricity grid…

Gas power plant

Keppel and Mitsubishi Partner on Hydrogen-Ready Gas Plant in Singapore

Keppel Energy has awarded an EPC contract to a consortium comprising Mitsubishi Power Asia Pacific and Jurong Engineering for the construction of a 600MW, advan…

Natural Gas

EU Mulls Energy Price Cap for Certain Generators - Document

The European Commission’s upcoming proposals to tackle surging energy prices should include a price cap for certain power generators that do not run on gas.

Electric Vehicle Battery

ANZ to Lend Hyundai-LG Energy JV $711 Mln to Make EV Batteries

Australia and New Zealand Banking Group has set up a $711-million lending facility for a joint venture between Hyundai Motor and LG Energy Solution that makes b…

Net Zero Emission

Apeiron Bioenergy Closes Equity Investment From Mitsui Chemicals, Poised to Capture Exponential Growth in Bioenergy Market With Pan-Asian Presence

Mitsui Chemicals has invested to support Apeiron's Pan-Asia expansion

Nuclear Power Plant

Switzerland Scrambles to Keep Nuclear Plants Online

Europe’s energy crisis is pushing Switzerland to rethink its stance on nuclear power.

ADIPEC 2022

As the world’s most influential gathering for energy industry professionals, ADIPEC 2022, hosted by the Abu Dhabi National Oil Company (ADNOC), will accelerate…

Solar Cell

ØRsted Acquires First Solar Project in Ireland

Ørsted has acquired the 65MW Ballinrea solar PV project in Ireland from renewable energy developer Terra Solar.

CCS

Milestone for Cross-Border CO2 Transport and Storage in Europe

Ammonia distributor Yara and energy consortium Northern Lights have signed what has been hailed as the world’s first cross-border commercial agreement for CO2 …