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Solar Power Plant

A Quarter of Europe’s Solar and Battery Manufacturing Capacity Is at Risk

Soaring energy prices are threatening Europe’s renewable supply chain.

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.

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.

Spain

Spain to Pull out of Treaty Protecting Energy Investments

Spain has started the process of withdrawing from the Energy Charter Treaty, a European treaty protecting energy investments.

Australia

EU Crisis Opens Opportunity for Australian Green Energy Exports -Fortescue

The energy crisis in Europe presents a huge opportunity for Australia to export more green energy, the chief financial officer at Fortescue Future Industries (F…

United States

U.S. Oil Patch M&A in Q3 Tops $16 Bln, the Most This Year

Mergers and acquisitions in the U.S. oil patch accelerated to $16 billion in the third quarter, the most this year, although the nine-month total trails the yea…

Microgrid

Mapping Europe’s Microgrids to Ensure Effective Regulation

University of Groningen doctoral researcher Jamie Behrendt has started mapping existing and developing microgrids across Europe.

SMR

US, Canadian Regulators Further SMR Collaboration

The charter agreement on advanced reactor and small modular reactor (SMR) technologies formally establishes the collaborative relationship between the Canadian …

Natural Gas

Shell Warns Weak Earnings From Gas Trading Could Impact Profits

Shell warned that third-quarter profits would be dented after it weathered a sharp rise in refining costs and weaker earnings from natural gas trading.

Austria

Austria’s OMV Targets Expansion of Low Carbon Business

Vienna-headquartered energy company OMV says that it will be focusing on geothermal energy as an essential part of its strategy.

Hydropower Plant

GE Renewable Wins Maintenance Contract for 11GW Hydropower Plant in Brazil

GE Renewable Energy’s hydropower business has signed a five-year contract with Norte Energia

Airbus Demonstrates Solar Power Beaming

Airbus has reported demonstrating solar power beaming, which would be used to deliver solar power from space.

United Kingdom

Britain Has Exported More Power to EU Than Ever Before

The country became a net exporter of electricity for three months of the year

France

French Grid Operator RTE to Return More Than 1 Bln Euros to Clients

France's power grid operator RTE said it intended to return more than 1 billion euros ($961 million) to its clients at the start of 2023, a total matching this …

Natural Gas

Egypt’s Natural Gas Exports Value Increases 13-Fold in Eight Years

Country exported $8bn worth of natural and liquefied gas in the 2021-2022 fiscal year, compared with $600m in 2013-2014