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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…

Natural Gas

Price Volatility and Rising Demand Revive U.S. Natural Gas Trading

Natural gas trading is seeing a renaissance in the United States with the return of price volatility, while market turmoil in Europe could keep gas demand and e…

Carbon Emissions

EU to Fund Bulgaria’s €6.3bn Recovery Plan

The European Commission has approved Bulgaria’s latest recovery and resilience plan, providing €6.3 billion in grants.

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…

Philippines

Philippines to Speed up Decarbonisation of Power Sector

The Philippines is expected to accelerate the decarbonisation of its energy sector amidst increasing investor interest and rapidly expanding project pipeline, F…

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.

Offshore Wind Power

Wind Industry Sees 94GW Additional Capacity: Report

The wind industry saw an additional 94-gigawatt (GW) capacity in 2021, marking its second-best year, the Global Wind Energy Council (GWEC).

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.