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Oil Price

Oil Prices Fall on Fuel Demand Fears Sparked by Recession Concerns

Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession.

Natural Gas

Gazprom Says It Sees Gas Shipments to Europe via Ukraine Stable on Monday

Russia's Gazprom said on Monday that it will ship 42.4 million cubic metres of gas to Europe via Ukraine toda.

Offshore Wind Power

Iberdrola Hires Barclays to Sell Stake in Spanish Renewable Portfolio, Expansion Says

Spanish power company Iberdrola hired Barclays' investment bank to sell up to 49% in a portfolio of Spanish renewable power projects.

Oil Price

Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol

The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s…

Switzerland

Switzerland on Course for Mild Start to Winter, Easing Energy Supply Fears

Switzerland is on track for a mild start to the winter and above average temperatures could even stretch into February.

LNG

Adnoc Signs Agreements to Supply LNG and Diesel to Germany

State oil company will deliver the first LNG shipment in late 2022 to a floating import terminal near Hamburg

Nuclear Fusion

US Launches $50M Programme to Advance Commercial Fusion

In order to bring fusion closer to commercial viability, the Department of Energy (DOE) has announced up to $50 million to launch a new milestone-based fusion d…

Power Construction

Mytilineos Completes First Phase of 650MW Power Plant in Libya

Greek energy company Mytilineos has completed the first stage of construction for a power plant in Tobruk, Libya, with 185MW having already been distributed to …

Pakistan

Only 15% Of Pakistan’s Hydropower Pipeline Will Operate on Time: IEEFA

Around 51% of the pipeline reached financial close, and only 39% started construction.

Wind Turbine

Vestas Secures 104 MW Order With Polimix Energia in Brazil

Polimix Energia Ltda has signed an agreement with Vestas for the supply and installation of 23 V150-4.5 MW wind turbines for the Mundo Novo wind farm located in…

United States

U.S. Senate Votes to Amend Global Treaty to Curb Climate-Warming Gas

The U.S. Senate on Wednesday voted 69-27 to ratify an amendment to the Montreal Protocol that would cut the use of hydrofluorocarbons (HFCs), a major greenhouse…

Carbon Neutral

Japan Starts Carbon Credit Trading Trial at Tse

Japan started trial trading of carbon credits on Thursday at the Tokyo Stock Exchange (TSE) as the world's fifth-largest carbon emitter aims to create a nationw…

Wave Energy

NREL Granted Patent for Marine Renewable Energy Technology

Scientists with the National Renewable Energy Laboratory have received a patent for a fledgling technology domain – distributed embedded energy converter techn…

Carbon Emissions

U.S. EPA to Consider Tougher Emissions Rules for Heavy Trucks

The U.S. Environmental Protection Agency (EPA) will consider adopting more stringent greenhouse gas emissions rules for heavy trucks after Congress passed new i…

United States

Amazon Drives Renewable Energy Push With 71 New Projects

Amazon.com Inc said on Wednesday it would add 2.7 gigawatts of clean energy capacity through several new projects as it seeks to use 100% renewable energy acros…