It

Solar Power Plant

BELECTRIC Secures Major Contract in the Netherlands

BELECTRIC has secured another major contract in the Netherlands. By constructing four solar power plants for its new customer Low Carbon, solar energy specialis…

Oil Refinery

BP Says Rotterdam Refinery Remains Shut In Dispute Over Pay

BP said on Tuesday the planned restart of its large refinery in Rotterdam was on hold after unions said they would not help with the return to service due to a …

France

Markets Regulator Clears French Bid to Nationalise EDF Utility

French markets regulator AMF said on Tuesday it had cleared the French state's buyout bid, marking an important step in its plan to fully nationalise the loss-m…

Germany

German Finance Ministry Wants 33% Windfall Tax on Energy Firms - Die Welt

Germany's finance ministry aims to introduce a 33% tax on oil and gas companies that have benefited from windfall profits, Die Welt newspaper reported on Tuesda…

LNG

Sempra Strikes LNG Supply Deal With ConocoPhillips

Sempra Energy said on Tuesday that ConocoPhillips will buy five million tonnes per annum of liquefied natural gas (LNG) from Phase 1 of the Port Arthur LNG proj…

Floating Offshore Wind

Bureau Veritas to Certify Commercial Floating Wind Project in Korea

Bureau Veritas, a world leader in testing, inspection and certification, in partnership with the Korean Register (KR), has been appointed to lead the project ce…

Electric Car

Mazda Unveils $11 Bln EV Spending Plan, Considers Investing in Battery Production

Japan's Mazda Motor Corp on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and said it was also considering investing in battery produ…

Energy Investment

Italy’s A2A Scales Down Investments to 16 Bln Euros by 2030 to Cut Carbon Footprint

Italy's largest regional utility A2A on Tuesday scaled back its investments aimed at cutting its carbon footprint, as volatility in energy markets prompted the …

Energy Investment

Britain’s Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns

North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the …

Saudi Aramco Signs Agreements Worth $11BN With Manufacturers

The move could create 5,000 jobs in Saudi Arabia over the next decade

United Kingdom

UK to Spend £20BN Closing off 2,000 Oil and Gas Wells in Next Decade, Report Says

Offshore Energies UK estimates 200 wells will be decommissioned every year at a cost of £7.8m each

Distributed energy

UAE Issues Law to Regulate Linkage of Renewable Energy Production Units to the Grid

The legislation seeks to contribute to the country’s efforts towards achieving net zero emissions by 2050

United Kingdom

Shell Reviews £25BN UK Investments Plan Because of Windfall Tax

The government recently extended the money raising measure

OPEC

UAE Denies It Is Engaging in Discussion With Other OPEC+ Members to Change Their Latest Agreement - Minister

United Arab Emirates' energy minister said on Monday that the Gulf state denied that it is engaging in any discussion with other OPEC+ members to change their l…

Nuclear Fuel

Finland’s Fortum Turns to U.S. In Bid to Replace Russian Nuclear Fuel

Finnish power company Fortum on Tuesday said it was planning to begin buying nuclear fuel from U.S.-based Westinghouse Electric.