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Crude Oil

IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels

The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.

Floating Offshore Wind

Ørsted Takes Majority Stake in Floating Wind Project Offshore

Renewable energy giant Ørsted has acquired a majority stake in the 100 MW Salamander floating offshore wind development project on the Scottish coast.

Electric Vehicle Battery

CATL Licensed to Mass-Produce EV Batteries in Germany This Year

EV battery maker CATL announced Wednesday that its plant in Thuringia, Germany had received approval for making 8 GWh cells per year. The company is installing …

Electric Car

Japan Start-Up to Offer Fleet Service Using China's Geely EVs

A Japanese battery start-up said on Thursday it would launch a commercial fleet service using electric vehicles from China's Geely Auto Group.

Net Zero Emission

Global Green Finance Increased 100x in Last Decade

Green finance worldwide has grown by more than 100 times in the last decade.

LNG

China Signs Another Deal to Buy US LNG

US-based Next Decade will supply China’s ENN with 1.5 million tonnes per year (mtpy) of liquefied natural gas (LNG) for 20 years starting as early as 2026 from…

Wind Turbine

Wind Turbine Maker Vestas to Exit Russia

Vestas, a Danish manufacturer of equipment for renewable energy that has production facilities in Russia, plans to exit the country, Danish TV network TV2 repor…

Hydrogen Production

Who Will Win the Low-Carbon Hydrogen Race?

The global low-carbon hydrogen market will require $600 billion in investment, along with policy support, to meet expected exponential demand by 2050, according…

Hydrogen Technology

UK Backs Hydrogen Technologies with £400 Million Awarded to Johnson Matthey

UK Export Finance guarantees sustainability-linked loan, supporting homegrown research and development in sustainable technologies and hydrogen.

Offshore Wind Power

Wind Installations Need to Quadruple by 2030 to Achieve Net-Zero

GWEC recently released Global Wind Report 2022 confirms that the record years for several regions and offshore wind installations reflect strong market growth, …

Seanergy 2022

Organised by Bluesign, Seanergy is the international leading event, dedicated to Offshore Renewable Energy, held in a different French coastal city every year. …

Nuclear Power Plant

SMR Startup Lines up Financing for Nuclear Power Plant Deployment

Small modular reactor (SMR) startup ARC Clean Energy Canada said it completed its Series A financing in the amount of C$30 million ($24.11 million) from private…

Wind Turbine

Vestas Introduces Next-Gen Turbine for Low to Medium Wind Conditions

Danish wind turbine manufacturer Vestas has expanded the EnVentus platform with the V172-7.2MW offering, which promises enhanced performance in low to medium wi…

Nuclear Fusion

Nuclear Fusion: World-First Reaction Achieved by Oxford-Based Start-Up

The crown jewel of energy production, nuclear fusion using a projectile, may have been cracked in a major scientific breakthrough by a start-up in Oxford.

Crude Oil

Oil Sinks Toward $100 as EU Avoids Curbs on Crude, Dollar Gains

Oil fell as the European Union eschewed sanctions on Russian oil flows for now and a stronger dollar blunted the appeal of commodities.