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Hydrogen Production

Hydrogen Market Needs $600bn Investment by 2050

For green hydrogen to be a success, $600 billion (£458.9bn) of investment in the market by 2050 will be necessary.

Hydrogen Project

Lhyfe and WPD Offshore Plan 600MW Green Hydrogen Site

Lhyfe and wpd Offshore sign MoU to develop one of the most ambitious green hydrogen projects in Europe at Storgrundet offshore wind farm.

Natural Gas

Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says

Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…

United Kingdom

Ithaca Energy Gains Access to Two of the Largest Undeveloped Discoveries in UK North Sea

North Sea-focused Ithaca Energy has reached an agreement to acquire Siccar Point Energy for a price tag of nearly $1.5 billion. This is Ithaca’s second expansi…

Malaysia

Malaysia’s TNB Acquires 97.3MW Wind Portfolio in UK

Malaysia-based Tenaga Nasional Berhad’s (TNB) wholly-owned subsidiary, Vantage RE Ltd., acquired a 100% stake in a 97.3-megawatt (MW) onshore wind portfolio in…

Hydrogen Production

Novel Electrocatalyst Developed for Biomass Upgrading and Hydrogen Generation

Prof. Zhang Jian's team at the Ningbo Institute of Materials Technology and Engineering of the Chinese Academy of Sciences has developed a highly effective coba…

Hydrogen Production

Renewable Offshore Floating Hydrogen Production

Scottish Development International and J-DeEP are developing a floating offshore hydrogen production plant off the coast of Scotland.

Hydrogen Project

Polish Oil Refiner to Invest €1.6bn in Hydrogen Projects by 2030

PKN Orlen has announced it will invest PLN 7.4bn on low and zero-carbon hydrogen development projects by 2030 to help build a hydrogen economy in Europe.

Crude Oil

IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels

The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.

Hydrogen Production

India Joint Venture Aims to Produce Green Hydrogen at Scale

Indian Oil Corporation has teamed up with Larsen & Toubro and ReNew Power to develop the nascent green hydrogen sector in India.

Carbon Emissions

Steelmaker Uses Green Hydrogen to Cut Carbon Emissions

For hundreds of years, raging blast furnaces — fed with coking coal — have forged steel used in cars, railways, bridges and skyscrapers.

Energy Transition

German Utility Deploys River Heat Pump to Decarbonise Heating

Siemens Energy is supplying a large-scale river heat pump to Mannheim-based utility MVV in Baden-Württemberg, Germany.

United Kingdom

UK Targets More Nuclear, Wind Power — and Fossil Fuels — in Bid for Energy Security

The U.K. government has revealed details of its long awaited, “bold” energy security strategy, but critics have derided its inclusion of fossil fuels and what…

Carbon Emissions

Methane Emissions Surged by a Record Amount in 2021, NOAA Says

Global methane emissions jumped by a record amount in 2021, U.S. National Oceanic and Atmospheric Administration said Thursday.

Coal Trade

Germany Will Need Full Transition Period to Ban Russian Coal

Germany will need to use the full four-month phase-out period to implement a ban on Russian coal under European Union sanctions, Chancellor Olaf Scholz said on …