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Mps
Wave Energy
Marine Power Systems to Test Wave Energy Technology at Emec
Marine Power Systems (MPS) has signed up to demonstrate a multi-megawatt wave energy array at the European Marine Energy Centre (EMEC) in Orkney, Scotland.
Net Zero Emission
Europe to Install 45 Million Heat Pumps in the Residential Sector by 2030
Norway and Italy frontrunners, but UK falls behind in heat power decarbonisation
Carbon Neutral
Australian Pension Fund Dumps $133 Mln in Oil, Gas Stakes in Carbon Neutral Push
Australian pension fund NGS Super on Thursday said it had sold all its holdings in oil and gas companies, worth A$191 million ($133 million), in a drive to achi…
United Kingdom
UK Stumps up Another £2MN for Yemen’s Floating Oil Threat
The UK will provide another £2 million to help the FSO Safer, a deteriorating vessel holding around 1 million barrels of oil offshore Yemen.
Electric Vehicle Charging
Charge Amps Launches Solar-Powered EV Charging
The Charge Amps Amp Guard intelligent smart feature, under its Cloud platform, can be accessed by single and multi-family homes as well as offices.
Natural Gas
Norway Ramps up Natural Gas Production to Combat Energy Crisis
Norway’s authorities have approved applications from operators to boost production from several gas fields, the Norwegian Ministry of Petroleum and Energy said…
Energy Transition
Australia Swiftly Needs $9 Bln in Grid Investment for Energy Transition
Australia urgently needs about A$13 billion ($9 billion) in transmission investments to jumpstart the transition to renewable energy, the country's energy marke…
Germany
Germany Pumps €10BN Into Gazprom Germania
The German Government has confirmed it will put the company into long-term administration
Crude Oil
Oil Jumps After Saudi Arabia Hikes Crude Prices
Oil prices rose more than $2 in early trade on Monday after Saudi Arabia raised prices sharply for its crude sales in July.
Energy Transition
IRENA Backs UN Call to Speed up Energy Transition
UN Secretary-General Antonio Guterres outlined 5 critical actions to jumpstart transition.
Natural Gas
Netherlands to Ban Fossil Fuel Boilers From 2026
Dutch homes will have to install sustainable heating systems, such as a hybrid heat pumps, instead.
Oil Price
China Oil Giant CNOOC Jumps 20% in First Mainland Trading
Cnooc Ltd. jumped 20% in its first day of trading in Shanghai as mainland investors jumped at the chance for exposure to soaring oil and gas prices.
Public Clean Energy Spending Jumps 50% to $710b Since October 2021
Government clean energy spending globally in response to the pandemic surged 50% in the last five months, reaching $710b, according to the International Energy …
Oil Price
Oil Jumps as EU Weighs Russian Embargo
Oil prices jumped $3 on Monday, with Brent above $110 a barrel, as European Union nations consider joining the United States in a Russian oil embargo, while a w…
Oil Price
Oil Jumps as Russia-Ukraine Talks Stall
Oil prices extended their rally on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the …
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