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OPEC
OPEC+ 'Only a Phone Call Away' if Markets Need Balancing - UAE Minister
The United Arab Emirates' energy minister said on Monday that OPEC+ was always willing to balance crude oil markets if needed, and that if consumers require its…
Hydrogen Production
Nikola, KeyState to Collaborate on Hydrogen Supply
Electric vehicle maker Nikola Corp said on Monday it was working with KeyState Natural Gas Synthesis to create Pennsylvania state's first low-carbon hydrogen pr…
Global Open-Source Data Platform Launched for Clean Energy Solutions
The programme was launched by the Access to Energy Institute (A2EI) and the European programme GET.invest during the Global Off-Grid Solar Forum and Expo 2022 i…
LNG
QatarEnergy Names ConocoPhilips Partner for LNG Expansion Project
QatarEnergy's chief executive on Sunday named ConocoPhillips (COP.N) as the third and final partner on the Gulf Arab state's North Field South expansion, part o…
High Energy Prices Force the World’s Largest Chemicals Company to Downsize
The world’s biggest chemicals company, Germany-based BASF, will seek permanent cost-saving measures in Europe due to the high energy prices endangering its com…
Electric Vehicle Battery
Hyundai Motor Considering Setting up Battery Joint Venture in the U.S.
Hyundai Motor Co. is considering establishing a joint venture battery plant in the United States.
Net Zero Emission
EU Countries Agree to Hike Climate Change Target Next Year
European Union countries agreed on Monday to raise their target to curb greenhouse gas emissions under the Paris climate agreement next year.
Net Zero Emission
U.S. Groups Urge Kerry to Back Climate Compensation Fund
Over 100 U.S. environmental groups on Monday urged top U.S. climate diplomat John Kerry to support the creation of a fund that would compensate countries that h…
Oil Refinery
French Government: On Right Track Over Further Easing Petrol Supply Problems
The French government said on Sunday that France was on the right track over further easing the problem of petrol service stations not having enough petrol due …
Hydrogen Production
Iridium Replaced With Ruthenium in Hydrogen Production
Researchers have replaced iridium with ruthenium, a more abundant precious metal, as the positive-electrode catalyst in a reactor that splits water into hydroge…
Oil Price
Portugal’s Galp Quarterly Profit up 16% On Higher Oil Prices, Better Margins
Portuguese oil and gas company Galp Energia reported a 16% increase in adjusted third-quarter profit on Monday, thanks to soaring oil prices and a near-doubling…
Natural Gas
Germany Evaluating if Consumer Gas Price Brake Can Be Brought Forward
German finance minister Christian Lindner said on Sunday it was not yet clear whether a gas price brake for consumers and small businesses planned from March co…
Net Zero Emission
Australia Signs up to Global Pledge to Cut Methane Emissions by 30%
Australia's climate change minister Chris Bowen on Sunday said the government has joined the Global Methane Pledge as part of multilateral efforts to reduce glo…
South Africa
South Africa’s Eskom to Implement ‘Stage 4’ Power Cuts From Sunday Noon
South Africa's Eskom will implement "Stage 4 power" cuts from noon on Sunday until early Monday morning.
SMR
Hyundai E&C Accelerating Commercialization of SMRs
Hyundai E&C announced on Oct. 19 that it has held a ceremony with its partner Holtec International of the United States to initiate detailed design and commerci…
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