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Japan
Japan's Chubu Elec to Invest in Canadian Geothermal Venture
Chubu Electric Power Co Inc said on Friday it would invest up to 5 billion yen ($34 million) in a Canadian geothermal venture, Eavor Technologies Inc, as it mov…
Natural Gas
South Korea’s Gas Consumption to Fall 4% in 2022: Report
It will stay the same in 2023 due to new nuclear and coal-fired plant start-ups.
Hydrogen Production
Cepsa and the Port of Rotterdam to Establish the First Green Hydrogen Corridor
The corridor will supply Europe with 4.6 million tonnes of green hydrogen by 2030.
Energy Transition
Greece Runs Entirely on Renewables for First Time
Renewable energy sources represented 46% of the country’s power mix in the first eight months of the year, new report suggests.
Australia
EU Crisis Opens Opportunity for Australian Green Energy Exports -Fortescue
The energy crisis in Europe presents a huge opportunity for Australia to export more green energy, the chief financial officer at Fortescue Future Industries (F…
Hydrogen Production
Scotland’s Offshore Hydrogen Production and Storage Awarded £2m
The funding will support the HOP2 project, which aims to demonstrate the feasibility of storing hydrogen in repurposed oil and gas assets.
Natural Gas
EU Leaders May Back New Gas Price Benchmark, Document Shows
European Union country leaders may support plans to launch a new gas price benchmark at a meeting next week, as they seek to curb energy prices for consumers an…
Oil Pipeline
Shell Investigates in Nigeria After Report of Nine-Year Oil Theft
Oil major Shell's Nigerian subsidiary is investigating reports that an illegal oil tap ran for nine years on a pipeline it operates, a spokesperson said on Wedn…
United States
U.S. Will Use SPR Barrels Responsibly Where It Makes Sense to Stabilize Markets -Official
The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adre…
Carbon Neutral
UK Professors Say Hemp Can Make Scotland’s Agricultural Sector Carbon-Neutral
Boosting hemp production in Scotland could bring “huge” environmental benefits to the agricultural sector, according to a new report.
LNG
Chevron Sees LNG Growth Opportunity in Europe on Strong Demand- Top Executive
U.S. oil major Chevron Corp expects high European prices for liquefied natural gas (LNG) to attract a majority of U.S. LNG exports in the short term, a top exec…
Hydrogen Production
Goldman Sachs: Hydrogen Generation Could Grow Into $1 Trillion per Year Market
The EU plans to install 40 gigawatts of electrolyzers within its borders and support the development of another 40 gigawatts of green hydrogen in nearby countri…
Offshore Wind Power
Massive Stellar Winds of Growth for Global Offshore Wind, New Analysis Finds
Offshore wind opportunities soar with 135GW of potential capacity available in leasing rounds, according to a report.
Clean Energy Firms’ ESG Rating May Be ‘Downplayed’: Report
This calls for an improved ESG methodology.
United Kingdom
Octopus Energy Flexibility Scheme Pays Prosumers to Support the Grid
UK energy supplier Octopus Energy is announcing a new energy reduction and flexibility scheme while calling to end the prospect of electricity blackouts.
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