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Energy Storage Battery

EDF Renewables UK Signs Contract With Wärtsilä for Energy Superhub

EDF Renewables UK has signed a contract with global technology company Wärtsilä for a new transmission-connected battery storage facility in Sundon, Bedfordsh…

Natural Gas

U.S. Pledges to Ramp up Supplies of Natural Gas to Britain as Biden and Sunak Seek to Cut off Russia

U.K. government says the new partnership will “drive work to reduce global dependence on Russian energy exports.”

LNG

U.S., Britain Launch Energy Partnership to Boost Supplies

The United States and Britain announced on Wednesday an energy partnership aimed at sustaining a higher level of liquefied natural gas (LNG) exports to Britain …

Wind Farm

UK Government to Ease Ban on Onshore Wind Farms to Head Off Revolt

British Prime Minister Rishi Sunak's government on Tuesday said it would ease restrictions on building onshore wind farms, heading off a revolt by his party's l…

Energy Investment

North Star Raises £140 Million Investment to Build Next Wave of Renewables Fleet

North Star has secured a £140 million financing package to support the next phase of its offshore wind growth plan as it looks to broaden its position as the U…

Natural Gas

Netherlands Proposes EU Gas Price Cap for State-Backed Buyers - Document

The Netherlands has weighed into the European Union's debate on whether to cap gas prices with an alternative proposal that would cap gas prices but only for go…

Nuclear Power Plant

Is the UK Plotting Budget Cuts to Boost Its Nuclear Power Dreams?

The Treasury is reportedly reviewing the government spending on projects such as roads, rail and schools.

Crude Oil

Price Cap on Russian Oil Comes Into Effect

The price cap of $60 per barrel for Russian oil devised by the G7 and supported by the European Union comes into effect today, aiming to curb Russia’s revenues…

Oil Refinery

Lukoil Says Its Italian Refinery Will Continue Operations After EU Embargo

Lukoil said on Friday that it is ready to ensure continued operations at the site after the EU embargo on imports of Russian crude by sea takes effect on Decemb…

Energy Storage Battery

Major Energy Players Seal Big Deals for Renewables

The world’s oil and gas majors, along with some of the largest utility companies, continue to invest in renewable energy as they develop diversified power gene…

Energy Storage Battery

China May Need 4,300GW Storage Capacity by 2050: Report

This is to help back up renewables’ intermittency.

Crude Oil

Nigeria to End Imports of Petroleum Products in 2023

Nigeria—a major petroleum products importer—expects to stop importing petroleum products starting in the third quarter of next year, Nigeria’s oil minister T…

Natural Gas

Eni Holds Preliminary Talks to Buy UK Gas Producer for up to $6 Billion

Italian energy major Eni has held preliminary talks to potentially buy UK-based gas-focused producer Neptune Energy for up to $6 billion, Reuters reported on We…

Nigeria

Nigeria Aims to End Imports of Petroleum Products Next Year

Nigeria expects to stop importing petroleum products from before or around the third quarter of 2023, its oil minister Timipre Sylva said on Tuesday.

United States

U.S. Senators Introduce Bill to Expand E15 Gasoline Sales, with Support from Oil Group

U.S. senators from Nebraska and Minnesota introduced legislation on Tuesday that would expand nationwide sales of E15.