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Philippines
Grid Network Expansion May Boost Philippines’ Renewables: Report
This is seen to open more opportunities for power project development.
Crude Oil
Europe Rushes to Fill Up on Russian Diesel Before Ban Begins
European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited.
Energy Transition
Africa’s Energy Trilemma
Africa is disproportionately vulnerable to climate change, though it accounts for just 3% of global emissions.
Energy Transition
COP27 Reaches Key Deal on “Loss and Damage” Funds for Nations Vulnerable to Climate Change
Final COP27 document seen as offering tacit support for natural gas and blue hydrogen amid warnings that energy transition is falling behind Paris objectives. …
United States
U.S. Vice President Harris Announces $20 Million New Clean Energy Funding for Mekong Region
U.S Vice President Kamala Harris announced $20 million in new funding for clean energy projects in the Mekong region, during the last day of her tour of Thailan…
France
France Spends 8.4 Billion Euros to Help Companies With Energy Bills
France will spend 8.4 billion euros ($8.67 billion) to help companies pay their energy bills, in a bid to cushion the impact of rising electricity and gas price…
Italy
New Italian Government’s Budget to Boost Spending to Fight Energy Crisis
Italy's new right-wing government plans to announce some 30 billion euros in new spending on Monday in a budget for next year, mainly focused on curbing the imp…
COP27 Draft Climate Deal Published but Gaps Remain
The U.N. climate agency on Saturday published an updated draft of a proposed final agreement for the COP27 summit, fleshing out some key parts of the deal count…
Electricity Transmission
White House Announces $13 Bln in Funding to Modernize Power Grids
The White House announced through the Department of Energy (DOE) on Friday that it is soliciting grant applications for $13 billion in new financing under the b…
Natural Gas
Biogas Producers Amp Americas, BerQ RNG up for Sale -Sources
The owners of two North American renewable natural gas (RNG) producers have put them up for sale, after new U.S. tax incentives and recent big investments in th…
Natural Gas
North America’s Natural Gas Can Help Mitigate Energy Crisis
In the effort towards decarbonisation, North America could be a key player in providing affordable natural gas, addressing energy security issues.
Gas Turbine
GE Deploys First Hydrogen Powered Gas Turbine in Egypt
The demonstrations of the unit running on the mixed hydrogen and gas fuel ran at different times during the United Nations Framework Convention on Climate Chang…
Energy Transition
RWE Plans Renewables Profit Share With German Authorities to Improve Local Acceptance of Energy Transition
German utility RWE will offer profits to municipalities where one of its wind or solar farms is located as part of an expansion of the German Renewable Energies…
Electric Car
GM Offers a Bullish Outlook for Its EV Business, Forecasting Profits in ’25
General Motors told investors that its lineup of electric vehicles will be “solidly profitable” in 2025 in North America and that its EV capacity in the regio…
Energy Storage System
A Breakthrough for Next-Generation Lithium-Free Energy Storage Systems
Battery energy storage systems can be used to store and discharge energy as and when needed, which can provide backup power, balance the electric grid, improve …
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