Fuel

Net Zero Emission

Australian State Unveils $40 Bln Clean Energy Plan to Slash Reliance on Coal

One of Australia's top coal-producing states said it will convert its coal-fired power plants to renewable hubs by 2035 under a A$62 billion clean energy plan u…

EU

EU Countries Eye Delay to Levy on Fossil Fuel Windfall Profits - Document

European Union countries are considering an option to delay by a year a levy on the windfall profits of fossil fuel companies, as they hunt for a deal on emerge…

Oil Price

Oil Prices Fall on Fuel Demand Fears Sparked by Recession Concerns

Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession.

Oil Price

Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol

The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s…

Energy Storage Technology

Renewables and Storage Are Better Together

The growth of intermittent renewable energy across the globe has necessitated the deployment of energy storage technologies to fully replace fossil fuels with c…

Natural Gas

Why the World Needs to Invest in Fossil Fuels

The CEO of Saudi Aramco made headlines this week when he once again highlighted the need for more investment in oil and natural gas.

Energy Transition

UN Secretary-General Calls for a Fossil Fuels Intervention

The fossil fuel industry is "feasting" on billions in subsidies and windfall profits as "our planet burns," UN Secretary-General Antonio Guterres said on Tuesda…

Crude Oil

Neste Launches Study to Quit Crude Oil at Finnish Refinery

Finland's Neste on Monday said it was looking into replacing crude oil with renewable feedstock at its Finnish oil refinery, the last one of its plants to use t…

Hydrogen Fuel Cell

Loop Energy Says New Hydrogen Fuel Cell More Efficient Than Diesel Engine

Hydrogen fuel cell maker Loop Energy said on Sunday that its latest cell system can deliver better fuel economy than a diesel engine at current price levels.

Net Zero Emission

Fossil Fuel Registry Launched to Help Spot ‘Stranded Assets’

Carbon Tracker and Global Energy Monitor said on Monday they had launched the first global registry of oil and gas reserves, production and emissions with data …

Electric Car

Car Electrification Unlikely to Erase Market for Ethanol, Says Producer

The global movement by governments and automakers to boost electrification of cars does not mean ethanol will be dead as a product, according to an executive of…

Energy Transition

Investors With $39 Trillion Urge Governments to Plan Fossil Fuel Phase Out

Investors managing $39 trillion have called on governments to raise their climate ambition, including setting plans to phase out fossil fuel use and forcing com…

Hydrogen Project

Billionaire Forrest Launches 9GW Renewables-Fuelled Hydrogen Megaproject in Egypt

North African nation is on track to 'global powerhouse' for generation of green fuels, says Fortescue Future Industries chief at meeting with Egyptian president…

Energy Transition

Oxford Group: Decarbonizing Energy Would Save $12 Trillion

A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward re…

United States

Toyota to Collaborate with US DOE on Fuel Cells for Power Generation

Toyota’s fuel cells technology is to form the basis for a power generation research programme as the DOE seeks to advance the development of clean hydrogen.