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Oil Price

Goldman Sees Strong Case for Higher Oil Prices Despite Negative Shocks

Goldman Sachs said the case for higher oil prices was still strong with current supply shortfalls well above its expectations in recent months, despite a recent…

Natural Gas

EU Emergency Gas Plan Can Stabilise or Even Lower Prices - German Network Chief

The head of Germany's network regulator welcomed the European Union's gas emergency plan, which came into effect on Tuesday, in comments to the ZDF broadcaster.…

CCS

Oil Major BP Drilling Appraisal Well in Texas for Carbon Sequestration

Oil major BP has begun drilling an appraisal well in Texas for its U.S. carbon capture and sequestration business, an executive said on Monday.

Hydrogen Project

The Utility of Pipelines in Europe’s Unfolding Hydrogen Strategy

By virtue of its geographic position, significant sunny days and abundant wind, Greece is being seen as the new hub for hydrogen in Europe.

Australia

Energy Prices Across Australia to Remain High Until 2026

Research from Cornwall Insight Australia’s Benchmark Power Curve (BPC)1, which looks at power prices up until 2042, has forecast that all states in the Nationa…

Gas power plant

Equinor May Postpone Closure of Norwegian Gas-Fired Power Plant

Norway-based energy major Equinor could continue to operate its natural gas-fired Mongstad power plant to support the country’s electricity supply. The company…

Carbon Emissions

Chicago Announces Plan to Power City With 100% Renewable Energy

Chicago’s public buildings could all be powered by renewable energy under a plan announced by Mayor Lori Lightfoot on Aug. 8.

Baker Hughes Acquires Power Generation Division of Brush Group

Energy technology company Baker Hughes has agreed to acquire the Power Generation division of BRUSH Group from One Equity Partners.

Energy Storage Battery

Magnesium Conductor Developed for Energy Storage

Movement towards a more energy-efficient society means that the need for high-capacity, cost-effective batteries is greater than ever.

Pumped Storage

Bechtel Wins Work on Australian Pumped Hydro Facility

BE Power and GE Renewable Energy have selected Bechtel to support the planning for a new pumped storage hydro energy facility named Big-T at Lake Cressbrook in …

Wind Farm

Kent Wins Berwick Bank Wind Farm Contract

Kent, a provider of engineering and design services to the global offshore wind industry, has been awarded a major contract win for Berwick Bank Project.

Electric Vehicle Charging

Technology Trending: EV Charge Points, Supplier Switching, Energy Harvesting, Hydrogen Powered Spaceflight

Rapid growth in EV charging points in France, supplier switching on the back of Britain’s smart meter data network, energy harvesting for wearables and the opp…

Smart Meter

CEDIS Extends AMI Project With 20,000 Smart Meter Replacements

Montenegrin Electric Distribution System (CEDIS) has started work on an extended phase three of the modernisation of their electricity consumption measurement (…

United States

U.S. Senate Passes Inflation Reduction Act to Energy Industry Applause

The clean energy industry celebrated a moment on August 7, 2022, that would have seemed impossible just a few weeks earlier: The Senate passed a budget measure …

United Kingdom

GB Domestic Flexibility Project Gets Funding Boost

National Grid’s CrowdFlex flexibility project has been awarded a second round of funding to advance the implementation of domestic flexibility.