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Natural Gas

German Government May Have to Inject Another $39 Billion in Energy Giant Uniper

The German government may have to pour another up to $39 billion (40 billion euros) in saving the country’s largest natural gas importer, Uniper.

Natural Gas

Hungary Will Not Agree to EU Gas Price Cap, Will Need Exemption

Hungary will not agree to an EU price cap on imported gas because it would end Russian deliveries, a senior aide to Prime Minister Viktor Orban said, adding tha…

Carbon Emissions

Cities Must Slash Emissions 50% By 2030 for 1.5°C Pathway

Cities must halve their per capita emissions by 2030 to remain on a 1.5°C trajectory, finds a new report that prescribes low-emissions mass transit, better was…

Ammonia

Blue Ammonia Production Efforts for Fuel Supply, Exports in High Gear Along U.S. Gulf Coast

Energy giants Chevron and Uniper are pairing with Air Liquide and LyondellBasell to explore a hydrogen and ammonia production facility along the U.S. Gulf Coast…

Hydrogen Production

High Gas Prices Spur Green Hydrogen Investment -Report

Soaring natural gas prices have made hydrogen produced from fossil fuels increasingly uneconomic and spurred more than $70 billion of new investment in hydrogen…

20th CPC National Congress

20th CPC National Congress | Report Charts Way to Energy Security, Greener Future

The active and prudent approach to climate actions that Xi Jinping has vowed China will pursue is suitable to the nation's conditions, with coal serving as the …

Oil Field

Baker Hughes Sees Bright 2023 for U.S. Oil

Baker Hughes Co. reported third-quarter results and posted a loss, compared with a profit last year.

European Renewable PPA Prices up 51% In Third Quarter

Solar PPA prices rose almost twice as much as wind prices, new report suggests.

Tidal Energy

U.S. To Provide Millions in Funding for Tidal Energy and River Current Systems

DOE says the funding opportunity represents the “largest investment in tidal and river current energy technologies in the United States.”

OPEC

Iraq Reiterates Support for OPEC+, Saudi Arabia

Iraq's foreign ministry said late on Tuesday that it refuses any threatening or pressuring policy.

Oil Price

Biden to Lay Out Plan to Complete Emergency Oil Sales, Support U.S. Production

U.S. President Joe Biden will announce a plan on Wednesday to sell off the last portion of his release from the nation's emergency oil reserve by year's end, an…

Oil Refinery

Exxon Mobil Says French Refineries Could Take 2-3 Weeks to Fully Restart

Exxon Mobil's 140,000 barrel per day (bpd) fos-Sur-Mer and 240,000 bpd Port Jerome-Gravenchon oil refineries in France could take 2-3 weeks to fully restart aft…

Ireland

Ireland to Extend Business Energy Supports to Newly Opened Businesses

Irish businesses that have opened in the last year will be able to avail of an energy grant scheme that was initially limited to those that had been established…

Oilfield Services Giants Are Primed to Post Very Strong Earnings

The biggest oilfield services providers are expected to report this week and analysts expect a strong set of results for the third quarter. In fact, expectation…

Oil Field

Norway’s Equinor Considers Buying Chinese North Sea Oilfields

Reuters reported on Monday that Norway's Equinor ASA is considering buying oilfields in the British North Sea from China's CNOOC Ltd.