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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…

Hydrogen Production

Fortescue Metals to Help Develop Green Fertiliser Supply Chain in Kenya

Australia's Fortescue Metals Group said on Tuesday its green energy unit will help fast-track the development of an affordable green fertiliser supply chain in …

Carbon Emissions

Saudi Arabia Commits $2.5 Bln to Middle East Green Initiative - Crown Prince

Saudi Crown Prince Mohammed bin Salman speaks during the Future Investment Initiative Forum in Riyadh, Saudi Arabia October 24, 2018. Bandar Algaloud/Courtesy o…

Net Zero Emission

TotalEnergies Bent on Taking Legal Action Following Allegations of ‘Dramatically Underreporting’ Emissions

After Greenpeace published a report claiming that TotalEnergies’ emissions are four times higher than reported, the French energy giant has made up its made to…

Hydrogen Project

KBR Secures Work on Australia’s First Industrial-Scale Green Hydrogen Project

US engineering company KBR and Belgium engineering firm Tractebel, part of ENGIE, have been appointed as the Owners Engineer for the Yuri project, a new renewab…

Electric Vehicle Battery

EDF Renewables Building 50MW Battery Site

The site will reportedly be able to power 100,000 homes with clean energy for two hours.

Natural Gas

Uniper’s Net Losses Reach €40.4bn as Gas Crisis Continues

German energy company Uniper has reported that net losses in the first nine months of the year had reached €40.4 billion ($39 billion), against a €4.7 billion…

Oil Price

BP Looking at Billions in Buybacks for Q4

British oil and gas supermajor BP Plc. has announced plans to buy back $2.5 billion in shares after an impressive third quarter.

Philippines

Philippines’ Meralco Posts 20% Net Income Growth in First Nine Months

Its reported net income stood at P19.8b (US$341m).

Wind Turbine

Wind Turbine Orders in Europe Show Downward Trend – Urgent Policy Support Needed

Wind turbine orders in the third quarter of 2022 fell by 36% compared with Q3 in 2021.

GE’s Renewables Business Reports $1.8bn Loss so Far This Year

Industrial giant GE reported a bumpy third quarter across its renewable energy and power business segments.

Fortescue Future Industries Invests in Zhero

Fortescue Future Industries (FFI) is investing in Europe and US-based green hydrogen and renewable energy development company, Zhero.

Wind Turbine

Wind Unfavourable for EU Wind Turbine Orders

Turbine orders across Europe plummeted 36% in the third quarter, according to a report.

Exxon's Third-Quarter Record Profit Surges on Higher Energy Prices

The Texas-based company posted a net profit of $19.66bn for the three months to September 30.

Shell More Than Doubles Profits in Third Quarter

The company’s underlying profits reached $9.5 billion in the third quarter.