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Oil Price
Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build
Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ …
EU
Europe Urged to Clamp Down on Growing Greenhouse Gases Black Market
Illegal hydrofluorocarbons smuggled into the EU amount to nearly 30% of the legal trade, according to the Environmental Investigation Agency
Offshore Wind Power
Vattenfall Prequalifies for the Upcoming French Offshore Wind Energy Tender in the Mediterranean Sea
Vattenfall prequalifies for the upcoming floating French offshore wind tender for two projects off the coast of the Mediterranean Sea.
Oil Refinery
Global Refining Capacity to Expand With New Projects in Middle East, Asia
The world’s refining capacity is expected to increase by nearly 3 million barrels per day (bpd) by the end of next year when at least nine refinery projects ar…
Carbon Neutral
A Japanese Project Demonstrates a Carbon Neutrality Pathway for Coal Power
Osaki CoolGen Corp.’s complex three-phase demonstration project in Hiroshima Prefecture seeks to achieve highly efficient coal-fired power generation with near…
Australia
Australia’s Westpac to Slash Lending to Coal, Oil Companies by 2030
Australia's Westpac Banking Corp unveiled its plans on Wednesday to reduce lending to coal, oil and gas companies by nearly a quarter by 2030, joining its peers…
United Kingdom
Shell Greenlights Investment in Major Gas Field in the UK North Sea
Located nearly 250 kilometres east of Aberdeen, Scotland, the Jackdaw field is expected to come online by 2025
Hydropower Plant
Construction of Chinese-Built Hydropower Plant in Zambia Nears Completion
Last Thursday, Zambian President Hichilema toured the Kafue Lower Gorge Power Station, a Chinese-built hydropower plant.
China
China Solar Installations More Than Double in First Half
China built nearly 31 gigawatts (GW) of new solar power capacity from January to June, up 137% from a year earlier, with full-year installations on course to hi…
United Kingdom
Two Thirds of Energy Industry Professionals Think the Market Needs to Be Drastically Reformed
A survey conducted by Cornwall Insight has shown nearly two thirds (63%) of people working in the energy industry believe the UK market needs to be drastically …
Energy Storage Battery
Battery Storage to Be a Quarter of Ireland’s Installed Capacity by 2030
Data from Cornwall Insight Ireland’s - ‘All-Island Power Market Outlook to 2030’ paper - has shown battery storage capacity will grow to become nearly a quar…
Natural Gas
India to Nearly Double CNG Stations in Two Years: Minister
The country at present has 4,500 CNG stations.
LNG
Wood Mackenzie and Ball Corporation Introduce New Tool That Tracks Global LNG Liquefaction Train Statuses in Near Real-Time
Wood Mackenzie, Inc. a Verisk business, and Ball Corporation today announced the launch of Global LNG Liquefaction Monitoring – the first product arising from …
Offshore Wind Power
Mainstream Renewable Power and Aker Offshore Wind Agree to Merge
Aker Horizons will own a stake of nearly 58.6% in Mainstream once the deal has closed.
United Kingdom
UK Approves 25% Windfall Tax on Oil and Gas Producers
British lawmakers have officially approved a 25% windfall tax on oil and gas producers that will earn the government nearly $6 billion in one year to put toward…
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