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Net Zero Emission
Investors of Australia's Top Banks Call for Climate Risk Resolutions at AGMs
Shareholders in Australia's three top banks on Monday called for resolutions at the upcoming annual general meetings asking the lenders how they would avoid fin…
Philippines
Philippines Energy Chief: 2023 Power Supply Conditions Look 'Difficult'
The Philippines' energy minister said on Monday the country's power supply situation next year is likely to be difficult, with some hydro plants expected to be …
Oil Price
Oil Takes a Breather, Eases off 5-Week Highs
Oil prices slipped on Monday, easing off five-week highs, as the market took profits following strong gains last week on expectations of tighter supplies follow…
United Kingdom
UK Minister Zahawi: Planned Power Cuts Extremely Unlikely
Chancellor of the Duchy of Lancaster Nadhim Zahawi walks at Britain's Conservative Party's annual conference in Birmingham, Britain, October 5, 2022. RE…
France
TotalEnergies Says It Is Ready to Hold Wage Talks in October
French energy group TotalEnergies on Sunday proposed annual wage negotiations to start this month, subject to the end of industrial action that continues to res…
Coal-Fired Power Plants
South African State Utility Reinstates Rolling Power Cuts from Monday
South African state utility Eskom said on Sunday it would resume rolling power cuts from Monday till Wednesday during night-time to attend to unplanned breakdow…
OPEC
Kremlin Praises OPEC+ for Countering U.S. 'Mayhem'
The Kremlin on Sunday praised OPEC+ for agreeing production cuts that had successfully countered the "mayhem" sown by the United States in global energy markets…
Floating Offshore Wind
New Study to Maximise Celtic Sea Floating Wind Supply Chain
German energy company RWE has commissioned UK-based Marine Power Systems (MPS) to develop a project plan for delivering up to 1GW of floating wind using the por…
Wind Turbine
Developing the Next Generation of Direct-Drive Wind Turbines
Motivated by the need to eliminate expensive rare-earth magnets in utility-scale direct-drive wind turbines, Sandia National Laboratories researchers developed …
CCS
Carbon Capture Begins at India’s Largest Coal Power Plant
India’s largest coal-fired power plant, NTPC’s 4.8-GW Vindhyachal Super Thermal Power Station, has begun capturing carbon dioxide (CO2) from plant flue gas as…
Oil Price
BP, Chevron Cut Offshore Oil Production Ahead of Hurricane Ian
BP Plc and Chevron Corp on Monday said they have shut-in production at offshore oil platforms in the Gulf of Mexico, as a powerful Hurricane Ian bore down on th…
Net Zero Emission
Britain Launches Review of Plan to Reach Net Zero Climate Target
Britain's government on Monday launched a review of how the country plans to meet its climate target of net zero emissions by 2050.
Oil Price
Oil Prices Fall on Fuel Demand Fears Sparked by Recession Concerns
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession.
Natural Gas
Gazprom Says It Sees Gas Shipments to Europe via Ukraine Stable on Monday
Russia's Gazprom said on Monday that it will ship 42.4 million cubic metres of gas to Europe via Ukraine toda.
Crude Oil
Brent Crude Slides Below $85 a Barrel as Dollar Surges
Brent crude fell below $85 a barrel Monday, as recession fears weighed and the U.S. dollar surged.
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