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Oil Price

U.S. Could Sell Oil From Emergency Reserve This Week -Sources

The Biden administration plans to sell oil from the Strategic Petroleum Reserve in a bid to dampen fuel prices before next month's congressional elections, thre…

20th CPC National Congress

20th CPC National Congress | China’s Energy System Withstands Tests of COVID-19, Global Volatility

China's energy supply system has withstood the tests of the COVID-19 epidemic and major natural disasters, and effectively cushioned the impact of volatile inte…

Offshore Wind Power

First Set of Standards to Streamline Offshore Wind Projects in the US

The US offshore wind industry has the first set of standards for project development— a step advocates say will accelerate the growth of the burgeoning renewab…

LNG

U.S. Approves LNG Shipping Waiver for Puerto Rico After Hurricane

The Biden administration late on Sunday approved a waiver of U.S. shipping rules to address Puerto Rico's urgent need for liquefied natural gas (LNG) after Hurr…

CCS

Global Carbon Capture Project Pipeline Swells 44% in Past Year-Report

The pipeline for projects to capture and store carbon emissions has grown around 44% in the past twelve months to 244 million tonnes a year, the Global CCS Inst…

Carbon Neutral

20th CPC National Congress | Xi Vows to Prioritise Environment, Protect Nature and Promote Green Lifestyles

President Xi Jinping on Sunday said China will give priority to environmental protection and promoting green lifestyles.

Electric Car

Fast-Charging Batteries for Electric Cars

Recent advancements in electric vehicle battery design have allowed a standard EV battery to charge in just 10 minutes.

KSOE to Demonstrate Fuel Cell-Applied Ship Operation

Hyundai Heavy Industries Group speeds up the era of eco-friendly ships by launching a demonstration project to apply fuel cells, which are in the spotlight as a…

Austria

Austria Seeks Allies for Legal Challenge to EU Green Investment Rules

Austria said on Monday it was seeking to enlist other European Union countries to support its legal action against Brussels for labelling investment in gas and …

Natural Gas

Natural Gas Prices in Europe Fall to a Three-Month Low

On Monday, Europe’s natural gas prices fell to the lowest level in three months thanks to mild weather and a high level of LNG imports.

Carbon Emissions

World Bank to Launch New Trust Fund for Emissions Reduction Grants

The World Bank said on Monday it is launching a trust fund aimed at pooling public funds to provide grants for projects to reduce carbon emissions, including de…

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…