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Paris Climate Agreement
Decarbonization Scenarios Outlined by Energy Companies Incompatible With Paris Agreement Goals
Decarbonisation scenarios produced by BP, Royal Dutch Shell and Equinor are incompatible with Paris Agreement goals for a safe and habitable planet.
Oil Price
Saudi Arabia’s Economy Grows 12% In Q2 on High Oil Prices
Saudi Arabia recorded a GDP growth rate of 11.8 percent for the second quarter, driven by a 23.1-percent rise in oil income, according to preliminary data cited…
OPEC
OPEC Boosts Oil Income in 2021, Well Completions Drop
OPEC's oil revenue surged in 2021 as prices and demand recovered from the worst of the COVID pandemic, while the number of its members' active rigs posted a mod…
Energy Transition
Sunny Spain’s Green Energy Plan Leaves Needy Feeling Cold
As Europe doubles down on green ambitions made more urgent by a fuel and cost of living crisis, the disconnect between Madrid's suburbs highlights a wider dilem…
Russian Federation
Enel Offloads Its Russian Assets for €137M
The company is forecasting a hit of approximately €1.3 billion on net income.
Nuclear Power Plant
South Korea to 'Reasonably Utilise' Nuclear Energy
Incoming President Yoon Suk-yeol made nuclear power one of his campaign pledges and Industry Minister nominee Lee Chang-yang told his confirmation hearing nucle…
Oil Price
Bank of England: ‘Historic’ Energy Shock Bigger than Any Year in the 1970s
Bank of England Governor Andrew Bailey has warned the shock to inflated-adjusted incomes in Britain as a result of rising energy prices will be larger than any …
Spain
Aquila Acquires 100MWp Solar PV Portfolio in Spain
Renewables investor Aquila European Renewables Income Fund has acquired a 100MWp solar PV portfolio currently in construction in Spain, doubling its portfolio’…
Carbon Emissions
Rich Countries Must End Fossil Fuel Production by 2034 to Keep 1.5°C Target Alive
Rich countries must end oil and gas production by 2034 to keep the world on track for 1.5°C temperature limit and give poorer nations a fair chance to replace …
Energy-Eficient Building
Nearly 2k Homes Across West Midlands to get Energy Efficiency Boost
Poor insulated, low income households are set to receive support from the local authorities
Wind Farm
Aquila Erects 400-MW Wind Farm in Norway, Bags New Solar PPAs in Portugal
London-listed investment firm Aquila European Renewables Income Fund plc, or AERIF, said today that its 400-MW The Rock wind farm in Norway is close to being co…
Wind Farm
Aquila Erects 400-MW Wind Farm in Norway, Bags New Solar PPAs in Portugal
London-listed investment firm Aquila European Renewables Income Fund plc, or AERIF, said today that its 400-MW The Rock wind farm in Norway is close to being co…
Carbon Pricing
German Energy Plans Hinge on CO2 Pricing
The incoming German government’s plans to introduce a carbon price floor underscored its intention to use price signals to eliminate coal by the end of the dec…
Climate Policy
G7, G20 to push international climate ambition
The G7 and G20 summits could act as "accelerators" of international climate ambitions, as Germany's incoming government pledges to take on a leading role in int…
Geothermal Power Plant
Drilling Kicking off for Patuha/ Dieng Geothermal Plant Expansion, Central Java
As part of news on geothermal production bonus payments to local administrations, which will increase the Regional Original Income (PAD), news emerge on the imm…
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