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Oil Price

Oil Prices Climb on Tight Supply Worries

Oil prices rose by as much as $1 per barrel on Thursday after dropping below key technical support levels in the previous session, as an energy standoff between…

Germany

Germany to Subsidise Basic Level of Power for Homes, Businesses - Ministry Paper

Germany plans to subsidise a basic level of electricity usage for households and set aside cheaper power for small and medium-sized businesses, according to mea…

BSES Looks to AI for Efficiency Improvements in Delhi

Under an MOU, the two companies will collaborate in developing and implementing AI-based solutions based on Bidgely’s proprietary AI-powered technology to addr…

Oil Price

What Will Be Inside UK’s Energy Bill Package for Households and Businesses?

Britain’s new Deputy Prime Minister has confirmed that details of the government’s support will be revealed later this week

Iran

Optimism About An Iran Nuclear Deal Is Waning

The EU’s foreign affairs and security policy chief, Josep Borrell, is currently “less optimistic” that the negotiating parties could reach an agreement to re…

Wind Power Project

Two Large Wind Power Plants Will Come Online in Japan in November

Construction work on two large wind farms in Japan’s Akita prefecture is progressing as planned and the operator, Akita Offshore Wind Corp. (AOW), plans to bri…

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…

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…

Germany

Germany Prepares for Possible Nationalisation of Gazprom Germania - Paper

The German government has set up a holding company to carry out a possible nationalisation of Gazprom Germania, the energy business abandoned by Russia's Gazpro…

RWE Acquires Polish Renewables Business With 3GW Solar Pipeline

German energy company RWE has acquired Polish solar developer Alpha Solar in a bid to strengthen its European renewables business.

Offshore Wind Power

Glass Flake Coatings Could Lessen Offshore Wind Substructure Surface Maintenance

Glass flake polyester (GFP) coatings offer more than 30 years’ maintenance-free corrosion protection at the splash zone for offshore assets, according to a new…

Octopus Energy and National Grid Demonstrate First V2G in Great Britain

Octopus Energy Group and National Grid ESO have announced the first successful integration of vehicle-to-grid (V2G) technology, using a test environment of the …

United Kingdom

UK Energy Market Regulator Says Shell to Refund Overcharged Customers

Shell Plc's UK consumer gas, electricity and broadband operations business will pay 536,970 pounds ($635,181.81) to customers it has overcharged on its default …

Mexico

As Mexico Stalls Major Solar Projects, Companies Turn To Smaller Workarounds

With alternative energy projects stalled in Mexico due to controversial energy reforms, companies are increasingly turning to smaller-scale renewable options th…