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Offshore Wind Power

Vietnam Needs $8 Bln-$14 Bln Power Investment a Year Through 2030 - Minister

Vietnam will need investment of between $8 billion and $14 billion a year through to 2030 to develop new power plants and expand its grid, its deputy industry m…

Wind Power Project

Colombia Announces the First Offshore Wind Energy Tender

The Colombian Ministry of Mining and Energy has launched the country’s first offshore wind lease round and expects to grant permits for the use of marine areas…

Oil Price

Oil Prices Dip After Industry Data Shows U.S. Crude Stockpiles Rising

Oil prices edged lower on Wednesday, after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.

Natural Gas

Italy Better Prepared Than Most to Face Winter With Low Russian Gas -Minister

Italy is in a better position than other countries as winter approaches, after it clinched deals with gas producer countries in Africa and ramped up the filling…

United States

U.S. Power Use to Reach Record High in 2022 as Economy Grows, EIA Says

U.S. power consumption will rise to a record high in 2022 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy O…

Net Zero Emission

What Are the Key Accelerators of Industrial Decarbonization?

Decarbonizing heavy industry will require collaboration on an unprecedented scale between companies that have historically been in fierce competition with one a…

Shell Completes Acquisition of Renewable Platform Sprng Energy Group

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed its 100% acquisition of Solenergi Power Private Limited, and with …

LNG

UK’s Centrica Signs $8.5B Long-Term Deal to Import U.S. LNG

Centrica, the owner of British Gas, has signed a heads of agreement with U.S. firm Delfin Midstream to import LNG starting in 2026 from a planned floating LNG e…

Biomass Power Plant

Italian Scheme to Support Biomethane Production Granted EU Approval

The biomethane produced will be injected into the national gas grid for use in the transport and heating sectors.

Crude Oil

EIA Lowers U.S. Oil Production Forecast

The Energy Information Administration has lowered its forecast for crude oil production for this year and next, according to a new report.

bp Criticised for Big Spend on “Green” Social Media Ads

The energy giant has allegedly spent more than £800,000 on social media ads showing the company’s investments in low carbon technologies.

CCS

Carbon Storage: The Future of Residential Homes

Wood has countless uses, and trees store carbon. Some of that carbon is still stored after trees are cut down for wood products like lumber: A wood product cont…

Net Zero Emission

Haitai Solar Completes IPO on Beijing Stock Exchange

New capital injection will help Chinese company enhance its leadership in the renewable energy sector.

Hydrogen Production

Green Hydrogen Plant to Decarbonize UK’s Largest Freight Port

The Iberdrola group is planning to build a large green hydrogen plant at the port of Felixtowe (England) which will contribute to the decarbonisation of the lar…

Offshore Wind Power

EDF Renewables Forges Polish Offshore Tie-up

Cooperation with Budimex is targeting opportunities in Poland’s 11GW offshore wind second tender round