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Oil Price

Oil Prices Slide as IMF Sees Global Economy Teetering on the Brink

IMF slashes global GDP growth forecasts for this year, to 3.2%.

Natural Gas

US Natural Gas Hits Highest Level Since 2008, on Pace for Best Month Ever as Russia Cuts Supply

Natural gas prices are surging around the world as scorching temperatures stoke demand for the fuel, and as Europe’s push to move away from Russian fuel roils …

Electric Car

Ferrari CEO Shrugs off Concerns About EV Performance

The carmaker plans to launch a fully electric vehicle in 2025.

Energy Storage Project

Canadian Solar Announces Transaction With Gresham House

Canadian Solar has announced that it has completed the sale of two fully-permitted solar and battery energy storage projects in the UK to specialist alternative…

Australia

Climate Change in Focus as Australia’s Parliament Opens

Australia's parliament sat on Tuesday in Canberra for the first time since Labor won office in an election that also saw the Greens party win record seats, refl…

Coal Price

Back to Black? Germany’s Coal Power Plan Hits Hurdles

High coal prices, supply bottlenecks and aged plants are posing a challenge to Germany's plan to increase electricity production from hard coal-fired power plan…

Solar Power Panel

Surging Temperatures Are Good for Solar Panels, Right? The Answer Is: It’s Complicated

Many would think the scorching heat of the past few days would represent the ultimate sweet spot for solar photovoltaic systems. But it’s more complex than tha…

Natural Gas

Russia to Cut Nord Stream 1 Gas Supplies to 20% Of Capacity From July 27

Move comes after Russia's Gazprom says another key turbine has to be closed due to repairs

Natural Gas

Return of Coal a Threat to European Companies’ ESG Ratings

European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them scrambling to…

Hydrogen Project

Brazil’s Unigel to Build Green Hydrogen Plant With $120 Mln Investment

Brazilian chemical maker Unigel on Monday announced plans to build a green hydrogen plant in the northeastern state of Bahia, with an initial investment of $120…

Net Zero Emission

Saudi Crown Prince Touts Vertical Living in NEOM’s Zero-Carbon City

The zero-carbon city that Saudi Arabia plans to build at NEOM will vertically layer homes, offices, public parks and schools within a mirrored facade stretching…

Energy Storage Battery

Ngos Ask Musk to Not Invest in Indonesia’s Nickel Industry Over Environmental Worries

Dozens of non-governmental organizations (NGOs) have sent an open letter to Elon Musk, urging the Tesla Inc's chief to not invest in Indonesia's nickel industry…

Wind Farm

Rosatom and Vietnamese An Xuan Energy Sign Wind Power Cooperation Agreement

NovaWind (Rosatom’s wind power division) and representatives of An Xuan Energy signed a cooperation agreement for the construction of a wind farm in Vietnam. …

Nuclear Reactor

Researchers and Experts From 14 Countries and International Organisations Discussed the Areas of Their Future Joint Research at the MBIR Reactor Facility

Promising areas of scientific and experimental work on the MBIR research reactor were discussed by representatives of 14 countries and international organisatio…

Spain

Iberdrola and EU Bank Ink €550M Loan to Boost Renewable Energy in Spain

The loan will support the construction of solar and wind farms with a total capacity of around 1,800MW, generating enough electricity to power around one millio…