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Crude Oil

Adnoc Drilling Secures Contracts Worth $3.4BN to Boost Offshore Capacity

Contracts to help company expand its offshore drilling activities and boost production capacity

European Consumers Want More Renewable Power to Ease Climate and Affordability Concerns

New research commissioned by Statkraft found that three quarters of the 18,000+ respondents say they’re worried about the negative effects of climate change, …

Hydrogen Production

Big Names Including Amazon, Honeywell, Mitsubishi Line Up Behind Green Hydrogen

Even as the overall VC market slows during the second half of 2022, investments in climate tech — particularly technologies that could enable green hydrogen to…

Carbon Emissions

Novel Photocatalyst Sheet Helps Curtail the Rise of Atmospheric Carbon Dioxide

Addressing the global energy crisis and moving away from a dependency on fossil fuels is key to combating climate change and thus moving towards a more sustaina…

Nuclear Power Plant

Nuclear Power Production Curtailed in France, Worsening Europe’s Energy Crisis

High temperatures in river water are reportedly forcing Electricite de France SA (EDF) to cut power generation at some of its nuclear plants.

Energy Investment

Investment in Renewables Hits Record $226BN Despite Supply Chain Woes

Global investment in renewable energy rose to $226 billion in the first half of 2022, setting a new record for the first six months of a year.

Distributed Grid

DEWA Smartens Distribution Networks in Efficiency Drive

Dubai Electricity and Water Authority (DEWA) has announced a new software with the hopes of enabling network design engineers the capability to augment electric…

Global Energy Storage Market Will Reach $73.8BN by 2031 – Study

According to the report, Energy Storage Systems Market Outlook 2031, the global energy storage systems market is fragmented due to the extensive number of regio…

United States

Rhode Island’s Renewable Energy Goal Is a Beacon for Other States

Analysts say it’s not perfect, but it gets a lot right.

Adani Green Energy’s Cash Profit up 48% YoY to $86M in Q1 FY23

Its operational capacity rose 65% YoY to 5,800MW.

Carbon Emissions

Tata Power Unit Commissions 225MW Hybrid Power Project in Rajasthan

This is Tata Power’s first hybrid project.

Quantum Computing to Advance Solar PV Materials

British quantum software company Phasecraft is to lead a project modelling new perovskite-silicon materials for solar photovoltaics.

SINOPEC

Saudi Aramco Signs Deal With China’s Sinopec to Boost Collaboration in New Projects

The two companies will look for opportunities in the kingdom's oil and gas sector.

United Kingdom

British Solar Renewables Acquired by ICG Infra

It aims to have more than 1.5GW of renewable energy capacity in operation over the next five years.

Gas Turbine

Germany to Inspect Freshly Arrived Nord Stream Gas Turbine Today

German Chancellor will visit Siemens Energy’s site where Nord Stream 1 gas turbine is kept after undergoing maintenance.