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CCS

Technip Energies and Mitsui OSK Line Up for Ground-Breaking Offshore CCS Hub

Letter of intent awarded by deepC Store for pre-FEED, FEED and EPC work on Australian project

Wind Farm

Mercury to Build $115M Wind Farm in New Zealand

The energy company said the first stage of the 43 megawatt (MW) wind farm is underway, bringing its total investment in renewable wind generation to $600m since…

Natural Gas

EU to Propose Crisis Measures to Curb Energy Price Spike

The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc. …

Energy Storage Battery

EU Approves State Aid to Greece for 900 MW in Energy Storage

The European Commission has approved, under EU state aid rules, Greece’s support package of EUR 341 million for the construction and operation of storage facil…

OPEC

OPEC Upbeat on Global Economic Growth

Global economic growth is set to remain robust at 3.1% this year and another 3.1% next year, OPEC said on Tuesday in a forecast suggesting that the cartel expec…

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…

Cyberattacks Are a Major Risk for the World’s Largest Oil Company

Cyberattacks are among the greatest risks Saudi Aramco faces these days, Amin Nasser, president and chief executive officer at the world’s biggest oil firm, sa…

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…

Hydrogen Production

European Parliament to Vote on Scrapping Green Hydrogen ‘Additionality’ Requirements

Hydrogen Europe presses MEPs to relax toughest regulations on green hydrogen production so European developers can compete with the US

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…

LNG

Central African Countries Champion 6500-Km of New Pipeline Construction

Central African countries have signed an agreement to construct three multinational oil and gas pipeline systems of around 6,500 km, storage depots, LNG termina…

EU

EU Approves €1.5BN Romanian Scheme to Compensate Energy-Intensive Firms

It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs, i.e. indirect emission costs, incurred b…

Wind Power Project

Onshore Wind to Play a Key Role in Achieving India’s 2030 Target

The country has almost 41GW of onshore wind capacity.

Net Zero Emission

Singapore Bank DBS Sets Decarbonisation Targets for Key Sectors

Singapore's DBS Group has set decarbonisation targets for nine industry sectors, including power, oil and gas, aviation and shipping, and reinforced its commitm…

Researchers at Sandia Lab Successfully Test New Power Generation Technology

Researchers at Sandia National Laboratories in New Mexico announced they completed a successful test of a new power-generating technology.