Port

Energy Transition
COP27 Reaches Key Deal on “Loss and Damage” Funds for Nations Vulnerable to Climate Change
Final COP27 document seen as offering tacit support for natural gas and blue hydrogen amid warnings that energy transition is falling behind Paris objectives. …
LNG
U.S. Gas Prices Jump as Freeport LNG Targets Full Restart in March 2023
U.S. natural gas prices surged on the news that one of the largest U.S. LNG export terminals is targeting a complete operational restart by March 2023.
Natural Gas
Germans Face More Power and Gas Price Hikes in January - Portal
Many German households face another 50%-plus hike in power and gas supplies in January due to the lag in suppliers passing on higher wholesale market prices and…
Energy Storage System
Australia’s Largest-Ever 1,200MW Battery Storage System to Be Built in Melbourne
Construction for the largest Battery Energy Storage System (BESS) ever deployed in the Asia-Pacific will begin in Melbourne, eventually supporting up to 1,200MW…
LNG
LNG Exports Drive Expansion of North American Natural Gas Market, Adding 29 Bcfd of Production by 2033
LNG exports nearly triple over next decade, Inflation Reduction Act to boost gas demand in the long term.
Net Zero Emission
COWI to Support Equinor’s Energy Transition
To fulfil the Paris Agreement and become carbon-neutral by 2050, the world has started a decisive global transition to low carbon and renewable energy, with off…
United States
NERC Warns of Tight Generation Resources, Fuel Supply Issues This Winter
Power shortfalls could be rife over the next three months across a large portion of the North American bulk power system (BPS), particularly during extreme and …
Energy Storage Project
US Long-Duration Energy Storage Demos to Receive $350M Funding
Projects that are capable of delivering electricity for 10 to 24 hours or longer will be supported.
Energy Transition
Just Transition Support Platform for Developing Countries Launched
This forms part of the ADB’s commitment to ensure build capacity of developing countries.
South Korea
Saudi Aramco to Pump $7 Bln Into Biggest Petchem Investment in South Korea
Saudi Aramco plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products, t…
Hydropower Plant
New Report Highlights Australia’s Massive Potential for Pumped Hydro
Researchers from The Australian National University (ANU) have released a detailed study outlining 1,500 additional locations across the country that could be u…
Crude Oil
Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA
Russian oil output is set to fall 1.4 million barrels per day(bpd) next year after a European Union ban on seaborne exports of Russian crude comes into effect, …
CCS
Patent Filings Highlight Carbon Capture Innovation
Carbon capture utilisation and storage (CCUS) technology is experiencing a boon in innovation according to a new report that tracks patent filings in the area. …
Net Zero Emission
GE and IRENA Sign Collaborative Agreement at COP27 to Support the Global Climate Change Agenda
GE signed a framework agreement with the International Renewable Energy Agency (IRENA) to collaborate on a plan which will support both climate change and energ…
LNG
First Liquefied Natural Gas Exported From Mozambique
British energy giant bp is buying 100% of the output from the Coral Sul Floating LNG facility.

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Port

COP27 Reaches Key Deal on “Loss and Damage” Funds for Nations Vulnerable to Climate Change

U.S. Gas Prices Jump as Freeport LNG Targets Full Restart in March 2023

Germans Face More Power and Gas Price Hikes in January - Portal

Australia’s Largest-Ever 1,200MW Battery Storage System to Be Built in Melbourne

LNG Exports Drive Expansion of North American Natural Gas Market, Adding 29 Bcfd of Production by 2033

COWI to Support Equinor’s Energy Transition

NERC Warns of Tight Generation Resources, Fuel Supply Issues This Winter

US Long-Duration Energy Storage Demos to Receive $350M Funding

Just Transition Support Platform for Developing Countries Launched

Saudi Aramco to Pump $7 Bln Into Biggest Petchem Investment in South Korea

New Report Highlights Australia’s Massive Potential for Pumped Hydro

Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA

Patent Filings Highlight Carbon Capture Innovation

GE and IRENA Sign Collaborative Agreement at COP27 to Support the Global Climate Change Agenda

First Liquefied Natural Gas Exported From Mozambique