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Paris Climate Agreement

‘Oil and Gas Investments Could Finance Renewables Needed for 1.5°C’

The Paris Agreement could be achieved if money intended for new oil and gas fields was redirected into wind and solar, a study claims.

Oil Refinery

Exxon Shares Surge to Record High on Strong Earnings Outlook

Exxon Mobil Corp shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil produce…

Electric Car

Vehicle Manufacturers to Double Spending on EVs, Batteries to $1.2 Trillion by 2030

Car makers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production.

Hydrogen Project

Germany Receives First Container of UAE Hydrogen-Based Ammonia Fuel

Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, and German Vice Chancellor Robert Habeck attend ceremony in Hamburg

Oil Field

UK’s Lloyds Ditches Project Finance for New Oil and Gas Fields

Britain's biggest domestic bank Lloyds said on Thursday it would not support direct financing to develop new oil and gas fields, joining a small number of lende…

Electric Car

Nikola Expects Inflation Reduction Act to Lower Hydrogen, Truck Costs

Incentives provided by the recently passed Inflation Reduction Act (IRA) will help Nikola Corp by lowering costs of its electric trucks and hydrogen energy busi…

Oil&Gas Drilling

Liz Truss Resigns, Becomes the Shortest Serving Prime Minister in History

New UK PM Liz Truss, the former oil economist for Shell, tendered her resignation on Thursday, just days after putting forward a budget that wreaked havoc in th…

Wind Turbine

Repowering And Recycling Of Turbines To Be Discussed At RE:WIND 2022

Repowering and recycling of turbines is one of the highlights of the International Wind Congress 2022 that takes place in Berlin, Germany, on November, 7-8.

Electric Car

Apple Partner Foxconn Unveils Two EV Prototypes

Foxconn Technology Group, formally known as Hon Hai Precision Industry, unveiled two electric vehicle prototypes at its event in Taipei on Tuesday.

Carbon Emissions

Forecasts of Future Arctic Carbon Emissions

Permafrost in the rapidly melting Arctic will probably release as much carbon dioxide and methane into the atmosphere as a large industrial nation by the end of…

Australia

ARENA and Shell Energy to Demonstrate Commercial Flexibility in Australia

Shell Energy’s ‘Commercialising Smart Energy Hubs’ project will recruit at least 40 commercial and industrial (C&I) customer sites to demonstrate flexible de…

Electric Car

Fast-Charging Batteries for Electric Cars

Recent advancements in electric vehicle battery design have allowed a standard EV battery to charge in just 10 minutes.

Natural Gas

France Sends Germany Natural Gas to Ease Its Energy Crisis

On Thursday, France started sending natural gas directly to Germany in an attempt to alleviate the energy crisis in Europe’s biggest economy.

United States

U.S. Power Use to Reach Record High in 2022 as Economy Grows, Weather Hotter -EIA

U.S. power consumption will rise to a record high in 2022 due to rising economic activity and hotter summer weather.

Spain

Nordex Receives Order for 95 MW in Spain

End of September, the Nordex Group obtained an order to supply and install 16 N163/5.X turbines from the Delta4000 series.