Nda

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…

Electric Vehicle Battery

Fast-Charging EV Batteries With Nickel Foil

New tech enables standard EV batteries to charge to 70 percent capacity in 11 minutes.

Nuclear Power Plant

EDF to Start Negotiations to End French Nuclear Plant Strikes

French electrical operator EDF will start negotiations on Tuesday to end strikes at 10 French nuclear power plants, a company spokesperson said on Monday.

Oil Field

Norway’s Equinor Considers Buying Chinese North Sea Oilfields

Reuters reported on Monday that Norway's Equinor ASA is considering buying oilfields in the British North Sea from China's CNOOC Ltd.

United States

Mexican President Outlines Renewable Energy Push Ahead of Kerry Visit

Mexican President Andres Manuel Lopez Obrador outlined goals to turn a northwestern agricultural state into a green energy center on Monday, ahead of a visit la…