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Canada
Canada's Alberta Province Forecasts C$12.3 Bln Budget Surplus
Canada's main oil-producing province Alberta on Thursday forecast a C$12.3 billion ($9.2 billion) budget surplus for the 2022/23 fiscal year, but warned economi…
Ireland
Statkraft Signs 366MW Irish Power Play With Microsoft
Renewable power will come from three wind and three solar projects located across the country
Electrical Grid Health Key Tool to Decarbonise Cities – WEF
The World Economic Forum (WEF), in partnership with four global organisations, is launching the Toolbox of Solutions to drive urban decarbonisation.
Hydrogen Project
ReNew Unit, Egypt Gov’t to Develop Green Hydrogen Plant
The plant will be located in the Suez Canal Economic Zone
South Korea
Saudi Aramco to Pump $7 Bln Into Biggest Petchem Investment in South Korea
Saudi Aramco plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products, t…
Hydrogen Project
Egypt Exceeds Expectations With $83BN in Green Energy Deals at COP27
Suez Canal Economic Zone finalises nine agreements with international companies.
OPEC
OPEC Cuts Oil Demand Growth Forecast Again as Economic Challenges Mount
OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth time since April and further trimmed next year's figure, citing mounting economic …
CCS
Capturing CO2 and Repurposing It Into Neutral Chemicals
A new study performed by the University of Surrey has shown that Carbon dioxide (CO2) can be captured from the encircling atmosphere and reprocessed into benefi…
Natural Gas
Canada's Ontario to Extend Gas, Fuel Tax Cut for a Year
The Ontario government said on Sunday it will extend a fuel and gas tax cut first introduced last spring by another year to help residents cope with high inflat…
Nuclear Power Plant
COP27: At Long Last, Nuclear Energy Is Having Its Moment
For the first time in its 27 year history, the International Atomic Energy Agency has set up shop at the UN's climate conference.
Germany
Germany Must Ask High Earners to Help With Energy Relief - Economic Council
Germany must tighten its energy-relief measures in the face of soaring inflation, ensuring only households and businesses that need help are on the receiving en…
Crude Oil
UK’s Market-Defying North Sea Oil IPO Falls Flat
After braving high-level market volatility in Britain’s biggest IPO of the year, North Sea oil and gas producer Ithaca Energy warned that any further boost to …
Carbon Emissions
South Africa Says It Needs $84 Billion for Energy Transition in Next Five Years
South Africa needs about 1.5 trillion rand ($84 billion) over the next five years for its plans to cut carbon emissions, harness economic opportunities from the…
Carbon Emissions
EU Gas Emissions End Post-COVID Rise on Cleaner Supply, Energy-Saving-Study
Gas emissions from the European Union's energy sector have ended more than a year of post-pandemic rises thanks to cleaner power supplies and energy-saving effo…
Wärtsilä Reciprocating Engine Undergoes Hydrogen Pilot
Utility company WEC Energy Group and Electric Power Research Institute (EPRI) were among the partners to announce the completion of a hydrogen blending pilot pr…
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