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Carbon Emissions

Emissions Trading Covers 37% of Emissions Under Net-Zero Targets – ICAP

Carbon markets hit record prices and revenues globally in 2021, reports the International Carbon Action Partnership.

LNG

U.S. Agrees to Ramp Up LNG Exports to Europe, Actively Reduce Natural Gas Demand

The Biden administration and the European Commission launched a multi-pronged effort that will dramatically ramp up U.S. liquefied natural gas (LNG) exports to …

Nuclear Power Plant

UN Nuclear Watchdog Chief in Ukraine to Talk Safety Support

The U.N. nuclear watchdog’s director-general arrived in Ukraine March 29 for talks with senior government officials on delivering “urgent technical assistance…

Electric Vehicle Charging

UK Policy Paper Doubles Down on Vehicle Electrification

A new white paper from the UK Department for Transport lays out their strategy and action plan for the rollout of electric vehicle (EV) charging infrastructure …

Net Zero Emission

Can We Count On Zero-Emissions Planes & Ships?

Planes & Ships? Transport & Environment (T&E) gathered innovative industry players and policy makers to discuss the future of zero-emission shipping and aviatio…

Crude Oil

Ukraine Crisis: Why India Is Buying More Russian Oil

Russia is seeking new markets for its oil exports as Western sanctions tighten - and India has been taking advantage of discounted prices to ramp up imports fro…

OPEC

Russia Will ‘Always’ Be a Part of OPEC+, UAE Energy Minister Says

The United Arab Emirates’ energy and infrastructure minister has insisted that Russia will always be a part of OPEC+ even as governments across the globe shun …

Offshore Wind Power

UK Faces 60 Billion STG Wind Bill and Rising Energy Import Dependence Risk

Some 60 billion pounds is required if Britain is to achieve its goal of quadrupling its offshore wind power capacity to 40 gigawatts by 2030.

Crude Oil

U.S. Oil Exports Surge, Drawing Crude away From Storage Hub

U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub …

Nuclear Reactor

Most Japanese Back Nuclear Power for First Time Since Fukushima

For the first time in more than a decade, a narrow majority of Japanese now support restarting idled nuclear reactors.

Crude Oil

EU Steps back From Impractical Russia Oil Embargo

EU leaders have stepped back from imposing an immediate embargo on Russian crude and petroleum product imports as the impracticality of the policy has become cl…

Hydrogen Fuel Cell Vehicle

New Ford Patent Shows Its Interest in Hydrogen

Ford Motor Company recently filed a patent for a combustion engine that will run on hydrogen, Motor1 reports.

Natural Gas

Will Importers Cave into Putin’s Gas for Rubles Demand?

Russian President Vladimir Putin recently required “unfriendly” buyers of the country’s natural gas to pay in rubles, a move that could have far-reaching imp…

United Kingdom

Industry Body Says Offshore Fields Can Support 40% of UK’s Gas Consumption

The UK’s offshore fields can support around 40% of the country’s gas consumption and two-thirds of its oil consumption over the next two years.

Spain

Aquila Acquires 100MWp Solar PV Portfolio in Spain

Renewables investor Aquila European Renewables Income Fund has acquired a 100MWp solar PV portfolio currently in construction in Spain, doubling its portfolio’…