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Oil Price

Oil Rallies on Supply Fears and Tight Market

A force majeure declaration by Russia's Gazprom and a disruption to the Keystone pipeline between Canada and the US have boosted crude prices

Egypt

Egypt’s Infinity to Become Africa’s Largest Renewable Energy Company

Infinity and Africa Finance Corporation will acquire Lekela Power in deal that includes 2.8-gigawatt portfolio of wind power and greenfield projects

France

France to ‘Be Sued Over Its Plan to Nationalise EDF’

An association of EDF employee shareholders has said the government’s decision defies the interests of its minority shareholders

Energy Storage Battery

Frv and Harmony Energy to Construct UK Battery Storage Project

Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, and UK developer Harmony Energy, have announced the initial construction works of Clay Tu…

Energy Transition

Blockchain Peer-To-Peer Energy Exchange Launches in UK

More than 3,000 British homes have signed up for a peer-to-peer scheme to receive 100% traceable renewable energies.

MENA Power Projects Forum 2022 to Focus On US$250 Billion Worth of Upcoming Power Projects in MENA Region

Power and utilities companies will have enough businesses as governments in the MENA countries plan to implement US$250 billion worth of power projects includin…

United Kingdom

Two Thirds of Energy Industry Professionals Think the Market Needs to Be Drastically Reformed

A survey conducted by Cornwall Insight has shown nearly two thirds (63%) of people working in the energy industry believe the UK market needs to be drastically …

Energy Storage Battery

Battery Storage to Be a Quarter of Ireland’s Installed Capacity by 2030

Data from Cornwall Insight Ireland’s - ‘All-Island Power Market Outlook to 2030’ paper - has shown battery storage capacity will grow to become nearly a quar…

Worley to Digitise Shell Gulf of Mexico Assets

Engineering giant will focus on five Shell facilities

Hydrogen Project

European Commission Green Lights €5.4BN Hydrogen Project

The European Commission has given the go-ahead to Hy2Tech, the first Important Project of Common European Interest (IPCEI) in support of hydrogen technologies. …

CCS

Seismic Shift: Norwegian Player Expands Into Asia-Pacific CCS

PGS becomes majority shareholder in Australia’s deepC Store

GE’s Energy Business Will Have a New Name—Vernova

General Electric (GE) is again announcing changes to its corporate structure, with the company on July 18 saying its energy and other businesses will operate un…

Coal Mine

Is Water From Disused Coal Mines the Best Alternative to Gas Boilers?

A £450k project will explore whether mine water from disused coal mines could be used to heat homes and schools

United Kingdom

UK Fires up “Biggest” Electricity Market Reform in a Generation

Linking electricity and gas prices could be soon part of the past as a result of the government’s Review of Electricity Market Arrangements

United Kingdom

UK Stumps up Another £2MN for Yemen’s Floating Oil Threat

The UK will provide another £2 million to help the FSO Safer, a deteriorating vessel holding around 1 million barrels of oil offshore Yemen.