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Hydrogen Project

EU Injects $157m into Hydrogen Iron and Steelmaking Project

The HYBRIT-initiative, driven by SSAB, LKAB and Vattenfall, has received €143 million ($157 million) from the European Union.

Crude Oil

Oil Sinks Toward $100 as EU Avoids Curbs on Crude, Dollar Gains

Oil fell as the European Union eschewed sanctions on Russian oil flows for now and a stronger dollar blunted the appeal of commodities.

Crude Oil

Oil Rises as Uncertainty Around Supply Persists

Oil futures rose in early trading on Tuesday as the potential for more sanctions following alleged war crimes by Russian troops in Ukraine added to concerns abo…

Oil Price

How Biden’s Huge Strategic Oil Release Could Backfire

President Biden’s huge SPR release announcement has pushed WTI prices back below $100.

Sweden

Mercedes Second Life Batteries for Swedish Energy Storage

BatteryLoop in Sweden is to use new and second life batteries from Mercedes-Benz Energy for large scale energy storage systems (ESS).

Natural Gas

High Natural Gas Prices Could Lift Green Hydrogen Investment

Companies in Europe and U.S. allies such as Australia have recently announced major green hydrogen deals and projects.

Natural Gas

In Russia-Europe Gas Standoff, Both Sides Lose

Europe and Russia will both lose heavily if President Vladimir Putin follows through on his threat to cut gas supplies to countries he judges "unfriendly" unles…

Natural Gas

US LNG Exports Surge 16% amid Higher Demand From Europe

US liquefied natural gas exports rose nearly 16 per cent last month to a record high, according to preliminary Refinitiv data, with shipments to Europe continui…

Energy Transition

Portugal to Speed up Renewable Energy Programme amid Russia-Ukraine Conflict

Portugal aims to accelerate its energy transition and increase the proportion of renewable sources by 20 percentage points to 80 per cent of its electricity out…

Hydrogen Fuel Cell

Las Vegas Factory to Convert Gas From Landfills into Hydrogen to Power Vehicles

The French industrial gas company Air Liquide is opening a factory near Las Vegas this month that will convert methane from landfills into hydrogen to power emi…

Electric Car

New Crystal Battery Boasts Triple Energy Density

Global lithium-sulphur cathode technology manufacturer Theion has launched its crystal battery for all mobile applications. The new battery boasts triple energy…

Hydrogen Production

European Hydrogen Development and Opportunities

The war in Ukraine has made the security of energy supply a top priority, increasing pressure in Europe to accelerate the transition to cleaner fuels, including…

Siemens Energy Plans Gigawatt-Scale Electrolyser Factory in Berlin

Siemens Energy AG is planning to start industrial-scale production of electrolysers for green hydrogen at a multi-gigawatt factory in Berlin next year.

Australia

Sunshot Plans 800-MWh Battery, Green Hydrogen Hub in Western Australia

Australia’s Sunshot Energy is proposing to build a new battery and green hydrogen industrial hub in Western Australia powered by renewable energy and with the …

Oil Price

IEA to Release New Emergency Oil Stock to Curb Market Turmoil

The International Energy Agency has said its members have agreed to release more oil from emergency reserves to offset the market turmoil caused by Russia’s wa…