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Energy Investment

Former US Vice President Rescues Octopus Energy from Unstable UK Market

Al Gore, the former vice president of the US, has invested $600 million in UK utility Octopus Energy.

Carbon Neutral

GABON: The Nkok SEZ has Achieved Carbon Neutrality, with Certification

The Nkok Special Economic Zone in Gabon has been awarded a new certificate.

Japan

Japan’s Potential New Premier Supports Nuclear Power

Kishida beat current vaccine minister Taro Kono in today's run-off election, after all four candidates failed to secure a majority in the first round of voting.

Natural Gas

China Boosts Gas Storage, Supplies Ahead of Winter

China has accelerated gas purchases and storage ahead of winter as the country prioritises meeting its heating needs.

Oil Price

UAE Petrol Prices to Edge Higher in October

Motorists across the Emirates will pay more at the pumps for both petrol and diesel

Energy Transition

Vietnam’s Clean Energy Transition at Risk After Coal Power Pivot: IEEFA

It raised its coal power target capacity to 40GW by 2030.

Crude Oil

Oil Price Falls for Second Day as Supply-Driven Rally Peters Out

Brent crude was down $1.03 or 1.3% at $78.06 a barrel by 0130 GMT, having fallen nearly $2 on Tuesday after touching $80.75, its highest in nearly three years.

Natural Gas

Vanguard Renewables and Enbridge Partner on Renewable Gas Project

Waste-to-energy technology company Vanguard Renewables has announced a partnership with energy infrastructure company Enbridge on a project that will see up to …

Wind Power Project

EIB to Fund Ørsted’s Wind Energy Projects

The 752 MW Borssele 1 & 2 wind farms count 94 wind turbines which, through inter-array cabling, transfer their energy to an offshore substation before reaching …

Hydrogen Project

Ways2H and VALECOM to Develop Waste-to-Hydrogen Project in the Caribbean

This first project between the two companies will focus on hydrogen production for power generation in the island, with possible applications for clean mobility…

Energy Security

China Limits Power in at Least 20 Provinces Amid Energy Crisis

To comply with China's energy consumption policy, Apple and Tesla have suspended production at some of their factories.

Natural Gas

Unprecedented High Gas Price: Security of Global Supply at Risk?

The price for October future at the TTF Hub reached $1,031 per 1,000 cubic metres.

United States

U.S. Renewable Energy Production Hits All-Time High in First Half 2021

Domestic production of renewable energy reached an all-time high in the first six months of this year

LNG

Mayer Brown Represents Höegh LNG on FSRU Deal with New Fortress Energy

Mayer Brown advised Höegh LNG, which provides maritime transportation and storage of LNG, on the long-term charter and operation and service agreements for a f…

Wind Power Project

Iberdrola Completes the Wind Farm of Its First Hybrid Plant in the World

The initiative combines a 210 MW installed capacity wind farm and a 107 MW photovoltaic plant.