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Hydrogen Production

Scotland’s Offshore Hydrogen Production and Storage Awarded £2m

The funding will support the HOP2 project, which aims to demonstrate the feasibility of storing hydrogen in repurposed oil and gas assets.

Nuclear Power Plant

Japan Considers Extending Nuclear Plants' Life Beyond 60 Years - Nikkei

Japan's government is considering extending its 60-year limit on the operation of nuclear power plants and may submit legislation on new rules next year, as it …

United Kingdom

British Households Should Cut Energy Use Where Possible This Winter -Ofgem

British households should reduce their gas and electricity use where possible this winter to help cut costs and reduce the risk of power cuts.

Natural Gas

EU Leaders May Back New Gas Price Benchmark, Document Shows

European Union country leaders may support plans to launch a new gas price benchmark at a meeting next week, as they seek to curb energy prices for consumers an…

Crude Oil

Saudi Arabia, United States Clash Over Reason for OPEC+ Oil Cut

Saudi Arabia rejected as "not based on facts" criticism of an OPEC+ decision last week to cut its oil production target despite U.S. objections.

Crude Oil

Oil Slides as U.S. Crude and Gasoline Stocks Surge

Oil prices slipped in early Asian trade on Friday as U.S. crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans…

Nuclear Reactor

Japan’s Gas Consumption to Dip 5% in 2023

This comes as nuclear restarts are expected next year.

JERA Partners With Intertrust to Develop Digital Platform Against Climate Change

The platform will in installing secure energy systems.

Crude Oil

ADNOC Drilling Contract as UAE Steps up Oil & Gas Production

ADNOC Offshore awards US$980m contract for the hire of two jack-up offshore rigs and associated manpower and equipment.

Is Westinghouse $7bn Acquisition a Sign of Nuclear’s Revival?

Cameco Corporation and Brookfield Renewable Partners are forming a partnership to acquire US nuclear services business Westinghouse Electric Company, signaling …

Electric Car

GM Launches Energy Storage Business

GM Energy is aimed to provide a range of home, business and electric vehicle (EV) energy storage and charging products and services.

Net Zero Emission

Carbon Credit Use Could Curb Company Climate Action, Warns UK Advisers

The use of cheap carbon offsets by companies to meet net zero targets could curb their efforts to cut emissions and slow the delivery of climate goals.

United States

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

U.S. power consumption will rise to a record high in 2022 due to rising economic activity and hotter summer weather.

Oil Pipeline

Shell Investigates in Nigeria After Report of Nine-Year Oil Theft

Oil major Shell's Nigerian subsidiary is investigating reports that an illegal oil tap ran for nine years on a pipeline it operates, a spokesperson said on Wedn…

United States

U.S. Will Use SPR Barrels Responsibly Where It Makes Sense to Stabilize Markets -Official

The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adre…