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Energy Transition
Sustainable, Low-Cost Hydrogen - a Revolutionary Step in the Energy Transition
Governments and corporations are under increasing pressure to adopt large-scale renewable energy sources and meet current climate goals to help mitigate the eff…
Energy Transition
How Southeast Asia Can Futureproof Its Energy Sector
Southeast Asia is experiencing unprecedented fuel price increases and volatility, increasing demand for power, and exposure to the intensifying impacts of clima…
Crude Oil
Argentina Agrees Fuel Price Rise Caps with Firms, Pledges FX Access
Argentina on Monday reached an agreement with major oil firms operating in the country to put a cap on fuel price increases in a bid to keep costs at the pump d…
Hydrogen Production
What Are the Future Prospects of the Green Hydrogen Market?
Hydrogen’s vast reserves make it an attractive option amid increased demand for renewables to meet its stated decarbonization targets.
Hydrogen Production
ABB Energy Management System Drives Green Hydrogen Efficiency
Automation company ABB has released an energy management system, which uses real-time visibility of energy consumption across operations to increase efficiency …
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…
Energy Transition
Vietnam Boosts Coal Use Plan for 2030 as G7 Climate Offer Stalls
Vietnam has increased its coal power target for 2030 under a revised draft energy plan, government documents seen by Reuters show, while renewables goals were s…
Nuclear Power Plant
Nuclear Outage Raises Risk to Finland Power Supply
The latest delay to Finland's Olkiluoto 3 (OL3) nuclear reactor further increases uncertainty around the country's power supply this winter, especially in Janua…
Hydrogen Project
Air Liquide and Totalenergies to Produce Low-Carbon Hydrogen in France
Industrial gases company Air Liquide and TotalEnergies plan to produce low-carbon hydrogen at the Grandpuits site in France, the pair said on Tuesday, as France…
Carbon Emissions
Transitioning to Low-Carbon Energy Sources Could Increase Global Emissions
According to a recent ICTA-UAB study, switching to a low-carbon energy system could result in significant global emissions
EIB Approves €4bn in Clean Energy Investment
The Board of Directors of the European Investment Bank (EIB) have approved €4 billion ($4.2 billion) in clean energy investment to upgrade energy networks, enh…
Jordan
Masdar to Develop 2GW Renewables in Jordan
Jordan seeks to increase its share of renewable energy to 50% by 2030.
Crude Oil
Iraq Targets 7-Mln-Bpd Oil Output Capacity in 2027 – Somo Head
Iraq plans to increase its oil production capacity to around 7 million barrels per day in 2027, head of state-owned oil marketer SOMO Alaa Alyasri told Reuters …
Carbon Neutral
EU Reaches Deal to Increase Carbon Removals From Land Use, Forestry and Agriculture
The agreement boosts the EU’s target for net carbon removals by natural sinks to 310m tonnes of CO2 equivalent by 2030.
Natural Gas
COP27: Israel Says Big Boost in Gas Supply to Europe Will Take Years
Israel will require several years before it can significantly increase its natural gas supplies to Europe, the country's energy ministry said on Friday.
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