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United Kingdom
Ithaca Energy Gains Access to Two of the Largest Undeveloped Discoveries in UK North Sea
North Sea-focused Ithaca Energy has reached an agreement to acquire Siccar Point Energy for a price tag of nearly $1.5 billion. This is Ithaca’s second expansi…
Natural Gas
Price Volatility and Rising Demand Revive U.S. Natural Gas Trading
Natural gas trading is seeing a renaissance in the United States with the return of price volatility, while market turmoil in Europe could keep gas demand and e…
Malaysia
Malaysia’s TNB Acquires 97.3MW Wind Portfolio in UK
Malaysia-based Tenaga Nasional Berhad’s (TNB) wholly-owned subsidiary, Vantage RE Ltd., acquired a 100% stake in a 97.3-megawatt (MW) onshore wind portfolio in…
Philippines
Philippines to Speed up Decarbonisation of Power Sector
The Philippines is expected to accelerate the decarbonisation of its energy sector amidst increasing investor interest and rapidly expanding project pipeline, F…
Hydrogen Production
Novel Electrocatalyst Developed for Biomass Upgrading and Hydrogen Generation
Prof. Zhang Jian's team at the Ningbo Institute of Materials Technology and Engineering of the Chinese Academy of Sciences has developed a highly effective coba…
Hydrogen Project
Polish Oil Refiner to Invest €1.6bn in Hydrogen Projects by 2030
PKN Orlen has announced it will invest PLN 7.4bn on low and zero-carbon hydrogen development projects by 2030 to help build a hydrogen economy in Europe.
Crude Oil
IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels
The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.
Hydrogen Production
India Joint Venture Aims to Produce Green Hydrogen at Scale
Indian Oil Corporation has teamed up with Larsen & Toubro and ReNew Power to develop the nascent green hydrogen sector in India.
Carbon Emissions
Steelmaker Uses Green Hydrogen to Cut Carbon Emissions
For hundreds of years, raging blast furnaces — fed with coking coal — have forged steel used in cars, railways, bridges and skyscrapers.
Offshore Wind Power
Wind Industry Sees 94GW Additional Capacity: Report
The wind industry saw an additional 94-gigawatt (GW) capacity in 2021, marking its second-best year, the Global Wind Energy Council (GWEC).
Energy Transition
German Utility Deploys River Heat Pump to Decarbonise Heating
Siemens Energy is supplying a large-scale river heat pump to Mannheim-based utility MVV in Baden-Württemberg, Germany.
United Kingdom
UK Targets More Nuclear, Wind Power — and Fossil Fuels — in Bid for Energy Security
The U.K. government has revealed details of its long awaited, “bold” energy security strategy, but critics have derided its inclusion of fossil fuels and what…
Coal Trade
Germany Will Need Full Transition Period to Ban Russian Coal
Germany will need to use the full four-month phase-out period to implement a ban on Russian coal under European Union sanctions, Chancellor Olaf Scholz said on …
Energy Transition
As G20 Chair, Coal-Heavy Indonesia Sends Mixed Signals on Green Transition
Indonesia is using its stint as G20 president to push for more international funding for the green energy transition in developing nations.
Floating Offshore Wind
Ørsted Takes Majority Stake in Floating Wind Project Offshore
Renewable energy giant Ørsted has acquired a majority stake in the 100 MW Salamander floating offshore wind development project on the Scottish coast.
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