Eve

Norway’s Equinor Eyes Sale of Stake in Statfjord Field, Presentation Shows

Norway's Equinor is considering selling a 28% stake in Statfjord field, which straddles the Norwegian and British continental shelves, alongside minority stakes…

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.

Oil Price

Energy Bonanza Drives Shareholder Payouts to New Record

Energy companies reaping record profits from soaring oil and gas prices have helped global dividend payments to shareholders soar above pre-pandemic levels and …

Natural Gas

Norway Eyes High Gas Output Until 2030, Says Energy Minister

Norway plans to maintain its current high gas production level until the end of the decade as Europe plans to ditch Russian imports, its energy minister said on…

Electric Car

Super-Fast Charging Method to Optimize Electric Vehicles

Even though electric cars are becoming increasingly popular, many people are still hesitant to switch. One factor is that starting an electric vehicle takes so …

Crude Oil

U.S. Crude in SPR Hits Lowest Level Since January 1985

U.S. crude inventory in the Strategic Petroleum Reserve (SPR) fell by 8.1 million barrels in the latest week to the lowest level in more than 35 years, accordin…

Offshore Wind Power

Germany ‘Could Develop Up to 82GW’ of Offshore Wind

Research from the Fraunhofer IWES research institute found potential well above 70GW by 2045 target

Natural Gas

Russia to Close Nord Stream 1 Taps for Three Days

Gazprom has said the gas supply will be ceased due to a “three-day servicing” in a “preventive maintenance period”

Pumped Storage

US Launches $28M Hydropower Research and Development Programme

It will back new technologies that enable the growth of hydropower, including the deployment of pumped storage hydro.

Wind Farm

Saudi Arabia’s ACWA Power Expands in Uzbekistan

The company seeks to develop gas-to-power, renewable energy, and green hydrogen.

EU

EU Watchdog Backs ESG ‘Quality Label’ for Market Benchmarks

The European Union's markets watchdog said on Friday that a 'quality label' for market benchmarks would help prevent investors being misled by environmental, so…

Oil Field

How Norway Can Expand Its Oil Industry and Reduce Emissions

Norway is aiming to cut its emissions by 55 percent from 1990 levels by the end of the decade, an ambitious target for the world’s 13th largest oil-producing n…

Oil Refinery

Shell Cuts Output at German Refinery as Rhine Is Drying up

The company has cited the “low water level” of Rhine as the reason for its decision

Hydropower Plant

Europe’s Hydropower Generation Hits Record Lows Due to Drought

The effects of the drought conditions in many European countries are being felt in the hydropower generation sector, with low water levels in reservoirs constra…

Solar Power Plant

Spanish Resort to Develop Major PV Generation and EV Hubs

PortAventura World, the popular resort to the south of Barcelona, is demonstrating how a private facility can lead the way towards a decarbonised future.