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LNG
EU Strikes Gas Deal with the U.S. as It Seeks to Cut Its Reliance on Russia
U.S. President Joe Biden and European Commission President Ursula von der Leyen announced the formation of a joint task force to bolster energy security for Ukr…
LNG
U.S. to Supply 15 bcm of Additional LNG to Europe in 2022
The United States will work to ensure it supplies 15 billion cubic metres (bcm) of liquified natural gas (LNG) to European Union markets this year, as Europe se…
Oil Price
IEA Ready to Release More Oil to the Market to Cool Prices 'if Needed'
The International Energy Agency said its members are ready to release more oil into the market “if needed” to tackle soaring prices in the wake of Russia's mi…
United States
US Refiners Turn to Middle East for Fuel Oil After Russia Import Ban
US refiners began snapping up fuel oil cargoes from the Middle East this month after President Joe Biden banned Russian oil imports over the country's invasion …
Shell to Invest up to £25 Billion in UK Energy System over Next Decade
Shell has announced it will invest up to £25 billion in the UK energy system in the coming years.
Nuclear Fusion
Lattice Confinement – NASAs Solution for Fusion Power
NASA has been investigating nuclear fusion as a power source for deep space travel to the Moon and beyond.
Offshore Wind Power
BP Establishes Partnership Focused on Offshore Wind in Japan
BP has agreed to establish a strategic partnership with Japanese conglomerate Marubeni that will focus on offshore wind development and potentially look at “ot…
China
China's Annual Energy Production Capacity to Be 4.6 Bn MT Coal by 2025
China recently decided to raise its annual comprehensive energy production capacity to over 4.6 billion metric tonnes of standard coal by 2025.
Solar Power Panel
Alpina Awarded the Sixth Solar Leasing Tender Under the SolarNova Programme by HDB
The Project, with a solar capacity of 70 megawatt-peak ("MWp"), aggregates public sector demand for the installation of solar panels across 1,198 HDB blocks and…
Energy Storage Battery
ARENA Grants $14m Funding for AGL’s Broken Hill Battery Project
The Australian Renewable Energy Agency (ARENA) announced it will invest $14.84m to help AGL fund its 50-megawatt (MW)/50-megawatt-hour (MWh) lithium-ion large s…
Floating Offshore Wind
Celtic Sea Set for Gigawatt-Scale Floating Wind to Produce Green Hydrogen
UK-based renewables developer Source Energie has partnered with hydrogen technology firm ERM Dolphyn to develop floating wind sites that produce green hydrogen …
Germany
German Association Calls for Law Changes to Promote Solar Repowering
The German government should amend the current Renewable Energy Act (EEG) to support the repowering of solar parks on the way to the goal of boosting solar capa…
Russian Federation
Russia's Energy Chief Says It Would Accept Bitcoin for Oil and Gas
The heavily-sanctioned country is scrambling to find ways to increase its revenue and has floated the possibility of allowing China and Turkey to pay for energy…
Hydrogen Fuel Cell
HydrogenOne Invests £7m in Cranfield Aerospace Solutions
HydrogenOne Capital Growth and Safran Corporate Ventures invest £10.5m in Cranfield Aerospace Solutions to foster hydrogen fuel cell power in aviation.
Electric Car
LG Invests $1.4 Billion into First US Cylindrical Battery Plant
LG Energy Solutions (LGES) has announced a KRW1.7 trillion ($1.4 billion) investment in a cylindrical battery plant. It is said to be the first-ever cylindrical…
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