Port

Hydrogen Project

Portugal Seeks to Become Major Exporter of Green Hydrogen

Portugal expects to become a major producer and exporter of green hydrogen with 70 private investors or groups planning to spend 10 billion euros ($10.2 billion…

Carbon Emissions

Global CO2 Emissions in 2022 ‘Remain at Record Levels’

Projected emissions from coal and oil are above their 2021 levels, according to a new report.

Coal-Fired Power Plants

US Coal-Fired Power Retirements to Slow From 2023 – Report

Competition from natural gas and renewable resources will likely lead to the retirement of 23% of the 200,568MW of coal-fired capacity currently operating in th…

Oil & Gas Supply

The EU's Energy Partnership With Gulf Countries Makes “More Sense Than Ever”

Cooperation between the European Union and the Gulf Cooperation Council is more important than ever, the head of EU foreign policy Josep Borrell said, as quoted…

Energy Transition

Brookfield Bets $11.8 Billion on Australia’s Energy Transition

Brookfield Asset Management has led a consortium that looks set to acquire Australian utility Origin Energy for some $11.8 billion, a move that is seen as a way…

Crude Oil

Saudi Energy Minister Stresses the Importance of Oil Security

The world cannot go without Saudi oil exports for more than two or three weeks, Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman.

Energy Transition

AIIB, GEAPP to Invest $1b for Energy Transition Projects

They will identify co-financing opportunities in both the public and private sectors.

CCS

Chevron, Japan's MOL to Study CO2 Transportation From Singapore to Australia

Chevron Corporation and Japan's Mitsui O.S.K. Lines (MOL), Ltd. (MOL) have signed an agreement to study the feasibility of transporting liquefied carbon dioxide…

Offshore Wind Power

Rapid Growth Seen in Asia’s Offshore Wind Capacity: Report

It is expected to rise by 15.3% annually.

Offshore Wind Power

China’s Offshore Wind to Grow to 97GW by 2031: Report

This represents an annual growth rate of 14.3%.

World Burning up Faster That It Can Recover, Says Pakistan’s PM at COP27

Pakistan’s Prime Minister Shehbaz Sharif has urged richer nations to support countries that are recovering from the effects of climate change.

Carbon Emissions

S&P Global to Launch Carbon Intensity Assessments for Diesel, Gasoline and Jet Fuel

S&P Global Commodity Insights said on Wednesday it would launch the first carbon intensity assessments and daily carbon offset premiums for transportation fuels…

COP27: $1bn Signed for Grid-Based Projects ‘in Asia and Beyond’

A strategic investment partnership will see AIIB and GEAPP mobilise up to $1 billion and identify co-financing opportunities for projects and programs of common…

Brazil

EDP Brazil Shrinks Hydropower Portfolio in Favour of Solar

EDP Brazil said it believes in a future with more solar energy in its portfolio, in addition to more investments in distribution and transmission.

United States

Chevron and JERA Jointly Pursue Lower-Carbon Solutions in the US and Asia Pacific

Chevron New Energies, Chevron’s unit focusing on low-carbon fuels, and Japanese energy giant JERA have agreed to collaborate on multiple lower-carbon opportuni…