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Natural Gas

EU Mulls Energy Price Cap for Certain Generators - Document

The European Commission’s upcoming proposals to tackle surging energy prices should include a price cap for certain power generators that do not run on gas.

Electric Vehicle Battery

ANZ to Lend Hyundai-LG Energy JV $711 Mln to Make EV Batteries

Australia and New Zealand Banking Group has set up a $711-million lending facility for a joint venture between Hyundai Motor and LG Energy Solution that makes b…

Net Zero Emission

Apeiron Bioenergy Closes Equity Investment From Mitsui Chemicals, Poised to Capture Exponential Growth in Bioenergy Market With Pan-Asian Presence

Mitsui Chemicals has invested to support Apeiron's Pan-Asia expansion

Nuclear Power Plant

Switzerland Scrambles to Keep Nuclear Plants Online

Europe’s energy crisis is pushing Switzerland to rethink its stance on nuclear power.

Natural Gas

European Intervention Sees Gas Prices Drop

The EU is looking to separate gas and electricity prices to protect consumers.

Hydrogen Project

What Is Green Hydrogen Used For?

Green hydrogen, also known as renewable hydrogen, will play a vital role in reducing global carbon emissions and help heavy industries move closer to a carbon-n…

ADIPEC 2022

As the world’s most influential gathering for energy industry professionals, ADIPEC 2022, hosted by the Abu Dhabi National Oil Company (ADNOC), will accelerate…

CCS

MHI Wins Contract for Combined Cycle Plant With Carbon Capture in Scotland

Mitsubishi Heavy Industries, Ltd. (MHI) has won a Front End Engineering Design (FEED) contract for a gas turbine combined cycle (GTCC) power plant and carbon ca…

LNG

LNG Investments to Reach $42B Annually in 2024: Report

This is 20 times the investments seen in 2020 which amounted to $2b.

Nuclear Reactor

Ultra Safe Nuclear and Hyundai Engineering Partner on High Temperature Reactor

Ultra Safe Nuclear Corporation, which is working to deploy a gas-cooled micro reactor, said it has a new supplier agreement with Korean EPC firm Hyundai Enginee…

Solar Cell

ØRsted Acquires First Solar Project in Ireland

Ørsted has acquired the 65MW Ballinrea solar PV project in Ireland from renewable energy developer Terra Solar.

CCS

Milestone for Cross-Border CO2 Transport and Storage in Europe

Ammonia distributor Yara and energy consortium Northern Lights have signed what has been hailed as the world’s first cross-border commercial agreement for CO2 …

Crude Oil

Crude in U.S. Emergency Reserve Falls to Lowest Since Dec. 1984

Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy.

Offshore Wind Power

IKEA Stores Owner Buys 49% Stake in Swedish Wind Power Projects

Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in three wind development projects offshore Sweden.

CCS

China’s Sinopec Starts First Carbon Capture, Storage Facility, Plans Another Two by 2025

China's Sinopec Corp said on Monday it has put into operation the country's largest carbon capture, utilisation and storage (CCUS) facility in east China, and p…