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Offshore Wind Power

Danish Offshore Wind Power Developers Plan Major Capacity Increase

Denmark's Orsted and Copenhagen Infrastructure Partners (CIP) have teamed up to develop 5.2 gigawatts (GW) of offshore wind in Denmark, corresponding to more th…

United Kingdom

UK North Sea Firm Ithaca Energy Presses Ahead With London Listing

North Sea oil and gas producer Ithaca Energy said on Tuesday it was going ahead with its plans to list in London and was seeking admission of its ordinary to th…

Net Zero Emission

Carney Says New Data Will Hold Banks Accountable for Climate Progress

Former Bank of England governor Mark Carney said a new data utility being set up by an environmental group he leads will make banks and other institutions accou…

Nuclear Fusion

Tokamak Energy Achieves Triple Product With ST40 Spherical Tokamak

UK-based private fusion energy developer Tokamak Energy has announced that its ST40 spherical tokamak has achieved a triple product result of 6×1018 keV.s.m-3.…

Hydrogen Production

Iridium Replaced With Ruthenium in Hydrogen Production

Researchers have replaced iridium with ruthenium, a more abundant precious metal, as the positive-electrode catalyst in a reactor that splits water into hydroge…

Oil Field

Oil Giant Schlumberger Rebrands Itself as SLB for Low-Carbon Future

Schlumberger, the world's largest oilfield services provider, is rebranding itself with a new name, color scheme and logo that underscores its ambitions for a l…

Egypt

Egypt COP27 Climate Summit Activists Concerned Voices Will Be Curtailed

The decision to hold next month's COP27 climate summit in a highly secured tourist resort in Egypt, along with restrictions on access, is curbing civil society'…

Electric Car

Smart Thermostats and EVs Connected in US Demand Response Partnership

A new partnership in the US has concocted a DERMS-powered programme to coordinate demand response via smart thermostats and electric vehicles (EVs).

Offshore Wind Power

20th CPC National Congress | Chaozhou in China Is Planning 43.3 Gigawatt Offshore Wind Farm Before 2025

The city of Chaozhou, in China’s Guangdong province, is going to build an offshore wind farm so large that it is expected to provide more power than all of Nor…

Natural Gas

Uniper Shuts Down 50% Of Headquarters to Save Gas

German utility Uniper is shutting half the office space in its headquarters and lowering temperatures in areas remaining open to save gas.

Oil Price

Goldman: U.S. SPR Crude Releases to Have Modest Price Influence

The Biden administration's plan to continue releasing the Strategic Petroleum Reserves (SPR) "as appropriate" to bring down retail rates poses limited downside …

Oil Shale

Shale Firms Discount 'U.S. Put' as Inadequate to Lift Oil Output

U.S. shale oil executive Matt Gallagher this week took a poll on Twitter to gauge sentiment toward President Joe Biden's offer to stock the U.S. emergency oil r…

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…

Carbon Emissions

Global Climate Disclosures to Cover Full Gamut of Carbon Emissions

Planned new global corporate sustainability disclosures will include the full range of carbon emissions, but with 'relief provisions' on measuring greenhouse g…

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.