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Electric Car

Synthetic Graphite Becomes Crucial to Meeting Battery Demand Surge

Rystad Energy: total EV sales this year will reach nearly 10 million units, a 43% jump from 2021 sales.

CCS

Chevron and Japan’s MOL to Explore CO2 Shipping From Singapore to Australia

They will look into the technical and commercial feasibility of initially transporting up to 2.5m tonnes per annum of liquefied CO2 by 2030.

Romania

Romanian Government Partially Regulates Energy Markets Until 2025

Romania's government changed its energy support scheme for households, small businesses and industry on Friday, partially regulating its power market until Marc…

Germany

German Budget Experts Push for Dividend Ban Tied to Energy Subsidies

Budget experts from Germany's ruling coalition on Friday stressed the need for a ban on dividends and bonuses being paid out at companies that benefit from gas …

Coal-Fired Power Plants

The $15 Billion Plan to Curtail Indonesia’s Coal Industry

The United States and Japan will lead a group of counties that will offer $15 billion to Indonesia for retiring its coal power plants earlier and moving on to l…

Oil Price

High Oil Prices Ignite the Middle Eastern IPO Market

Initial public offerings in the Middle East have flourished this year thanks to higher prices that have seen increased investor interest in the region.

UN Launches Satellite System to Track Methane Emissions

The United Nations is launching a satellite-based system to detect and track global methane emissions as part of efforts to reduce emissions of methane.

Nuclear Reactor

EU Needs $460 Billion Investment to Maintain Nuclear Power Capacity

The European Union will need up to $462 billion (450 billion euros) in investment just to keep the current level of its nuclear power generation capacity.

Hydrogen Production

Philippines’ President Greenlights Offshore Wind, Green Hydrogen Plan

The Philippines’ President has given the country’s Department of Energy the green light to move forward with its plan to explore and develop the offshore wind…

Net Zero Emission

New Action Plan Comes Into the Limelight to Accelerate Decarbonisation

With COP27 in full swing, governments have set out an action plan to make clean technologies cheaper and more accessible in a bid to scale up decarbonisation ef…

Nuclear Reactor

Finland Introduces Scheme to Prevent Power Blackouts

Finland's national power grid operator said on Friday it will introduce voluntary procedures for companies and the public sector to help prevent electricity sho…

Hydrogen Project

Portugal Seeks to Become Major Exporter of Green Hydrogen

Portugal expects to become a major producer and exporter of green hydrogen with 70 private investors or groups planning to spend 10 billion euros ($10.2 billion…

Natural Gas

Persistent EU Rifts Seen Delaying Any Approval of Gas Price Cap

Belgium, Greece, Italy and Poland on Friday threatened to block a new set of European Union steps to alleviate an acute energy crunch.

Offshore Wind Power

RWE Awarded 700MW Dutch Offshore Wind Tender

A subsidiary of RWE won the permit for one of the two wind farms in the Hollandse Kust West Wind Farm Zone in the Dutch North Sea.

Energy Transition

Global Investment Firm KKR Invests $400m in India’s Serentica Renewables

Serentica Renewables seeks to enable the energy transition by providing clean energy solutions for energy-intensive, hard-to-abate industries.