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Net Zero Emission

G7 Company Emissions Falling Short of Global Climate Goal, Study Shows

Companies in the Group of Seven (G7) economies are failing to meet Paris Climate Agreement objectives.

Natural Gas

France Has Filled Up Its Strategic Gas Reserves Ahead of Winter - Minister

France is well prepared to get through this winter despite the energy crisis stemming from the war in Ukraine as it has now filled its strategic gas reserves at…

Natural Gas

ConocoPhillips, JERA Proposing to Develop U.S. Hydrogen Gas Plant

ConocoPhillips will provide natural gas and manage a carbon capture and storage facility for a proposed U.S. hydrogen gas project to be jointly developed with J…

Hydrogen Fuel Cell

Korean Shipbuilders Developing Hydrogen Fuel Cell Ships

South Korean shipbuilders are accelerating the development of hydrogen fuel cell ships, which are driven by fuel cell-based electricity instead of internal comb…

Offshore Wind Power

Floating Wind: Saipem and Siemens Team Up on Electrical Substation Concept

Engineering majors aim to develop a viable floating electrical substation based on semi-submersible design.

Wind Farm

Masdar Achieves Financial Close On 500MW Uzbek Wind Project

Zarafshan wind farm will be the largest renewables project in Central Asia and will provide enough electricity to power 500,000 homes.

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.

Offshore Wind Power

IKEA Stores Owner Buys 49% Stake in Swedish Wind Power Projects

Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in three wind development projects offshore Sweden.

LNG

Canada Sees West Coast LNG Revival as World Scrambles for Gas

Canada is taking a second crack at developing a liquefied natural gas (LNG) export industry on its west coast a decade after soaring costs and indigenous opposi…

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…