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Invest
United Kingdom
Windfall Tax to Cost UK-Focused Oil Firms More Than $3 Billion
The new windfall tax on profits of oil and gas companies in the UK is expected to cost the medium-sized North Sea-focused companies a total of $3.3 billion thro…
Net Zero Emission
Australia Beefs up Investments in Bid to Meet Net Zero: Report
It is poised to make a $300m investment in CCUS projects in the next decade.
Energy Investment
Windfall Tax Threatens Oil and Gas Investment in North Sea, Says Shell
The energy giant has said the levy “creates uncertainty”
Offshore Wind Power
US, China and UK Lead Renewable Energy Attractiveness
The US, mainland China and UK are the top three markets respectively based on attractiveness of renewable energy investment, according to the 59th EY Renewable …
Pumped Storage
Study Investigates Feasibility of Restoring Sweden’s Largest Pumped Storage Plant
A feasibility study is being carried out to investigate the possibility of restoring the Juktan pumped storage power plant in Sweden.
Energy Investment
US Government to Invest $38M in Decarbonising National Laboratories
Each of the Department of Energy’s national laboratories houses heavy industrial facilities, energy-intensive data centres, reactors and other unique infrastru…
Coal-Fired Power Plants
“Options Open” for Keeping UK Coal Plants at Normal Capacity This Winter
Energy Minister has said his first priority in the coming winters is to “maintain levels of investment” in the North Sea oil and gas
Hydrogen Project
Iberdrola Boss Pledges €3BN to Fuel Europe’s Green Hydrogen Economy
Ignacio Galán, chairman of Spanish energy giant Iberdrola, has announced at the World Economic Forum in Davos that the company will invest €3 billion ($3.2 bi…
Carbon Emissions
Chevron’s Shareholders Vote Against Emissions Cuts Proposal
A majority of Chevron Corp's investors on Wednesday voted against a proposal to adopt greenhouse gas emissions reductions targets, indicating support for the st…
Net Zero Emission
Elon Musk, Alphabet, & Joe Biden (USA) Just a Few Investing Billions Into Carbon Removal
As the world shifts toward clean energy in its automobiles and its energy generation tactics, experts say there’s still a lot of work to do to ensure global te…
Clean Energy Transition
SEA Needs $190B Annual Energy Investments by 2030: IEA
This amount will help the region reach its climate goals.
Wind Farm
OX2 Hands Over åNdberg Wind Farm in Sweden
OX2 hands over the Åndberg wind farm in Sweden to the private investment house Ardian. With 53 wind turbines and a total capacity of 286 MW, Åndberg is OX2’s…
Energy Transition
Eni to Invest €2.5BN in UK’s Energy Sector
The oil and gas producer has said it will boost carbon capture and renewable energy projects.
Norway
Norwegian Start-up Morrow Batteries Secures €100M Investment
The company will use the proceeds to build the first phase of its battery cell factory in Arendal, Norway.
Carbon Emissions
Tesla Investor Streur Says Carmaker Still Believes in ESG
Tesla Inc CEO Elon Musk may have denounced business use of environmental, social and governance (ESG) factors as a "scam" last week but one sustainable investin…
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