Energy

Natural Gas

UK Arm of Gazprom Rebrands

Gazprom Marketing & Trading, which traded as Gazprom Energy is now called SEFE Energy.

United Kingdom

UK Generation Mix Moves Increasingly Toward Renewables

Power generation from low carbon sources secured more than 60% share of the UK’s total energy mix

JinkoSolar Subsidiary to Issue $1.5B Convertible Bonds

Proceeds will serve as Jiangxi Jinko’s working capital, amongst others.

United Kingdom

Octopus ‘Asks for £1BN Government Support to Seal Bulb Takeover Deal’

The energy supplier is reportedly keen on paying up to £200 million to take on Bulb’s 1.6 million customers.

Coal-Fired Power Plants

UK Relaxes Permitting Conditions for Coal-Fired Power Plants This Winter

It will cover the period from 1st October 2022 to 31st March 2023 to address energy security issues if they arise, ‘whilst aiming to limit unnecessary pollutio…

Wave Energy

The Wave Power Generator Experts Say ‘Proves Ocean Energy Can Work’ Is Already Powering Australian Homes

For the first time in Australia's history, a wave energy converter trial has successfully generated energy from the chaotic and wild ocean waves to power homes.…

Hydrogen Project

Indian Energy Giants Plan 1.3GW Green Hydrogen Project Powered by 24/7 Renewables in $6BN Deal

Plant would use 6-7GW of wind and solar to produce one million tonnes of green ammonia annually.

Renewable Power Added in 2021 Saves $55BN From Global Energy Generation Costs in 2022 – IRENA

Almost two-thirds or 163 gigawatts (GW) of newly installed renewable power in 2021 had lower costs than the world’s cheapest coal-fired option in the G20.

Oil Price

South Africa Authorities to Cut Fuel Pump Prices From Wednesday

South Africa will slash the pump price of fuel from the middle of next week, aiming to ease the burden on consumers of soaring energy prices since the Ukraine w…

Natural Gas

Australia’s East Coast May Face Gas Shortfall Next Year, Watchdog Warns

Australia's competition watchdog urged the federal government on Monday to consider curbing gas exports, warning its east coast could face a major shortfall nex…

Oil Field

Green Light From TotalEnergies for Oil Project off Angola

France-headquartered energy giant TotalEnergies has taken a final investment decision (FID) to develop an oil development project located offshore Angola.

Energy Transition

Green Hydrogen Can Help Latin America’s Energy Transition

Amid the energy transition, Latin American countries are investing in hydrogen.

Electric Vehicle Charging

Vattenfall and Netto Germany Cooperate on Charging Infrastructure for Electric Mobility

Vattenfall and the grocery discounter Netto will cooperate in setting up fast charging stations in Germany.

Chevron, Exxon Post Record Quarterly Profits as Commodity Prices Boom

Exxon and Chevron posted record profits during the second quarter of 2022 as high commodity prices boosted operations, and as the oil giants kept spending in ch…

China

China, US to Account for 75% of Global Energy Storage Demand

Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031.