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Oil Shale

ExxonMobil to Sell Shale Assets in Texas to BKV for $750M

The Barnett Shale gas assets are part of ExxonMobil’s gas resources in North America that were removed from the company’s development plans in 2020.

Floating Offshore Wind

‘Significant’ Expansion Seen in Floating Wind Over Past Six Month

This brings the sector to the cusp of global commercial growth, Fitch Solutions reported.

Offshore Wind Power

Europe Eyes Common Subsea Wind Power Grid to Bolster Energy Security

Offshore wind seen as key to cut Russian energy use

OPEC

OPEC+ Working On Making up for Lower Russian Oil Output

OPEC+ is working on making up for a drop in Russian oil output as Russia's production has fallen by around 1 million barrels per day as a result of Western sanc…

Clean Energy Transition

US DOE Initiative Targets Clean Energy’s Interconnection Woes

The US Dept. of Energy has launched an initiative that aims to accelerate the deployment of clean energy by reducing delays and costs associated with connecting…

Energy Storage Battery

Solar PV and Battery Energy Storage Project a First for Sub-Saharan Africa

The 20MW Golomoti Solar PV and Battery Energy Storage Project in Malawi has successfully entered commercial operations.

Energy Storage Battery

UK Battery Start-up Britishvolt to Build £200M Test Facility in West Midlands

It has partnered with Prologis for the Hams Hall facility in Warwickshire which is expected to help the company rapidly ramp up battery cells and support the ‘…

Solar Power Panel

World’s Solar Panel Leader Comes Down to a 28-Millimeter Fight

Two Chinese solar giants are in a tussle over technology standards that hinges on a mere 28 millimeters, with the outcome set to determine which company has an …

Electric Car

Xiaomi Invests in NEV Charging Services Firm KBVIP

Xiaomi‘s Hanxing Venture Capital has reportedly carried out investment to become the third-largest shareholder of KBVIP.

Net Zero Emission

COVID-19 Slows Progress Towards Global Energy Access, IEA Says

At the current rate of progress, 670 million people will remain without electricity in 2030.

Hydrogen Production

Light Instead of Electricity: A New Kind of “Green Hydrogen”

Today, green hydrogen is usually created by splitting up water using electrical current derived from renewable energy sources. Scientists at TU Wien have now de…

Carbon Pricing

Could Blue Carbon Credits Be the Future of Sustainable Financing?

The Bahamas has announced plans to sell $300m in blue carbon credits in 2022.

Energy Transition

Ukraine War, Pandemic Set to Speed Europe’s Green Energy Transition, Report Finds

Most European Union countries have boosted their renewable plans since 2020, putting them on course to cut fossil fuel use this decade as the energy and COVID-1…

Electric Car

Sales of Electric Cars Doubled to Record 6.6MN in 2021

The need to diversify battery manufacturing and critical mineral supplies to reduce bottlenecks is crucial to EV's ongoing growth says IEA report.

United Kingdom

Windfall Tax to Cost UK-Focused Oil Firms More Than $3 Billion

The new windfall tax on profits of oil and gas companies in the UK is expected to cost the medium-sized North Sea-focused companies a total of $3.3 billion thro…