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Energy Transition

BP Sees Energy Transition Progress and Challenges

BP released its latest Energy Outlook to 2050 on Monday, which sets out its thinking on how the energy transition will unfold.

EV Market

Higher Petrol Prices Hurt, but Cutting Fuel Excise will Slow Transition to Electric

Australian petrol prices are rising as Russia’s invasion of Ukraine pushes up global oil prices. It’s likely motorists will be paying more than $2.15 a litre …

Energy Transition

The European Commissioner for Energy Backs Geothermal to Bolster EU Energy Security

The EU’s Commissioner for Energy, Kadri Simson, called on Europe to “harness geothermal energy’s potential.

Electric Car

Tesla Gets Ready to Offer New Dual Motor Model Y Variant with 4680 Cells

Electric vehicle market leader Tesla is seemingly on the verge of offering a new version of its Model Y with a range of 279-miles (449-kilometres)

Wind Farm

140MW Wind Farm Starts Feeding South Africa’s Grid

African independent power producer Red Rocket has announced commercial operations of its first wind farm in South Africa, Roggeveld, now feeding much-needed ele…

Net Zero Emission

Shell Directors May Face Lawsuit over Climate Transition Plans

Environmental lawyers ClientEarth said on Tuesday they were preparing legal action against the directors of Shell over the company's climate transition plan.

SMR

Kärnfull Teams up with GEH for SMR Deployment

Kärnfull Next - a fully-owned subsidiary of Kärnfull Future AB - will collaborate with GE Hitachi Nuclear Energy (GEH) on the deployment of the BWRX-300 in Sw…

Coal Mine

Water Sampling Unlocks UK’s Geothermal Energy

Using the UK’s abandoned coal mines as a source of geothermal energy for district heating schemes is a positive development for the nation’s net zero goals.

Nuclear Power Plant

Efforts Continue to Restore Power to Chernobyl

IAEA Director General Rafael Mariano Grossi said Energoatom CEO Petro Kotin had told him on Sunday that specialists had fixed one of two damaged lines to the p…

Electric Car

Ford to Ramp up EV Offering in Europe, Plans Major Battery Facility in Turkey

Ford Europe’s chair, Stuart Rowley, says “electrification represents the most transformative change in our industry in over 100 years.”

Nuclear Power Plant

Finnish EPR Starts Supplying Electricity

Unit 3 of Finland's Olkiluoto nuclear power plant was connected to the national grid on 12 March and has started supplying electricity, operator Teollisuuden Vo…

Russian Federation

Norway's Equinor Confirms Trading Halt in Russian Oil

Norwegian state oil company Equinor said on Monday it will stop trading in Russian oil as the company shuts down operations in Russia following its invasion of …

Natural Gas

Turkey Could ‘Easily’ Transmit Israeli Gas Abroad

Israel's natural gas could be “easily” transmitted abroad via Turkey’s pipeline network, Energy and Natural Resources Minister Fatih Dönmez said on Saturday…

Coal Price

Bens Creek up and Running with Met Coal Sales From North American Mine

Bens Creek Group PLC has fulfilled its first two purchase orders for metallurgical coal from Integrity Coal Sales Inc.

Oil Price

Oil Expected to Stay Above $100 Amid Russia-Ukraine Crisis and Demand Push

The upside will remain limited above the $130 per barrel mark, while the $100 per barrel will be an important support to watch.