Erg

GCC Economies Projected to Grow 6.9% in 2022, World Bank Says

Investing in green growth could drive regional GDP to $13tn by 2050, according to report.

Hydropower Plant

Eesti Energia Receives State Support for Pumped-Storage Hydroelectric Power Plant

The joint agency of Enterprise Estonia and KredEx has allocated €584 950 for Eesti Energia to prepare the construction of Estonia’s first hydroelectric energy…

Energy Storage Project

GSF Purchases 200 MW Storage Project

GoreStreet Energy Storage Fund (GSF), London’s, UK, first listed energy storage fund supporting the transition to low-carbon power, has announced that it has a…

Fortescue Future Industries Invests in Zhero

Fortescue Future Industries (FFI) is investing in Europe and US-based green hydrogen and renewable energy development company, Zhero.

Wind Farm

Enel Green Power Commissions 29 MW Wind Farm in Italy

Enel Green Power’s commitment to the energy transition and the growth of the renewables in Italy continues.

Natural Gas

QatarEnergy in Talks for 30% Stake in Lebanon Offshore Gas Project, Says CEO

State-owned QatarEnergy is in talks with the Lebanese government to take a 30% stake in an offshore exploration block and is also negotiating with TotalEnergies…

Hydrogen Production

UAE Targets Clean Projects at 50% of Energy Mix by 2050

The United Arab Emirates aims to increase the share of clean energy projects to 50% of its overall energy mix by 2050.

Emerson Sells Majority Stake in $14 Bln Climate Tech Unit to Blackstone - WSJ

U.S. industrial firm Emerson Electric Co is selling a majority stake in its climate-technologies unit to Blackstone Inc, in a deal that would value the unit at …

Saudi Arabia, UAE Boosting Output, Working on Clean Hydrogen -Saudi Energy Minister

Saudi Arabia and the United Arab Emirates, two of the world's biggest oil producers, are boosting output and refining and working on clean hydrogen.

LNG

QatarEnergy Names ConocoPhilips Partner for LNG Expansion Project

QatarEnergy's chief executive on Sunday named ConocoPhillips (COP.N) as the third and final partner on the Gulf Arab state's North Field South expansion, part o…

Electric Vehicle Battery

Everledger and Ford Release EV Battery Passport Pilot for Material Recycling

Digital transparency company Everledger has launched what they tout as a world-first battery passport pilot with automotive manufacturer Ford Motor Company to e…

Octopus to Take Over Collapsed Supplier Bulb

Octopus will take on Bulb’s 1.5 million customers.

How Super-Hot Rocks Miles Under the Earth’s Surface Could Provide Limitless Clean Energy

Superhot rock geothermal energy can be generated from dry rock that’s at least 752 degrees Fahrenheit. It exists all over the earth at depths between two and 1…

Exxon's Third-Quarter Record Profit Surges on Higher Energy Prices

The Texas-based company posted a net profit of $19.66bn for the three months to September 30.

Electric Car

New Assessment to Estimate the Costs and Greenhouse Gas Emissions for Vehicles

A new study led by Argonne National Laboratory found that electric vehicles will soon have the potential to cost less to own and operate than traditional gas ve…