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Electric Car

Europe and Japan Opposed to U.S. EV Subsidy Discrimination

The European Union and Japan, as well as South Korea, are objecting to the U.S. Inflation Reduction Act, pointing out that the United States is violating the pr…

Offshore Wind Power

Floating Wind: Saipem and Siemens Team Up on Electrical Substation Concept

Engineering majors aim to develop a viable floating electrical substation based on semi-submersible design.

Natural Gas

Shell Greenlights Malaysian Giant Offshore Gas Project

Production start-up for Sarawak scheme is expected in 2026

Wind Farm

Masdar Achieves Financial Close On 500MW Uzbek Wind Project

Zarafshan wind farm will be the largest renewables project in Central Asia and will provide enough electricity to power 500,000 homes.

Natural Gas

Macron: France, Germany to Provide Each Other With Gas, Electricity, to Weather Crisis

France will send gas to Germany if needed while Germany stands ready to provide it with electricity, President Emmanuel Macron said on Monday.

Wind Power Project

Uzbekistan’s 500MW Wind Project Secures Funding

It is expected to start operations by end-2024.

Net Zero Emission

IRENA, Industry Leaders Establish Alliance for Industry Decarbonisation

The industrial sector is responsible for around 28% of GHG emissions.

Russian Federation

Enel CEO Awaits Word on Sale of Russian Unit to Lukoil

Italian utility Enel has no indication on when it can close the sale of its Russian unit, CEO Francesco Starace said on Saturday, adding prospective buyer Lukoi…

Smart Grid

$10.5 billion programme for US grid upgrades launched

The US Department of Energy (DOE) is seeking input on a $10.5 billion programme for smart grids and other upgrades to strengthen the country’s electricity grid…

Nuclear Power Plant

Switzerland Scrambles to Keep Nuclear Plants Online

Europe’s energy crisis is pushing Switzerland to rethink its stance on nuclear power.

Crude Oil

Crude in U.S. Emergency Reserve Falls to Lowest Since Dec. 1984

Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy.

Offshore Wind Power

IKEA Stores Owner Buys 49% Stake in Swedish Wind Power Projects

Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in three wind development projects offshore Sweden.

CCS

China’s Sinopec Starts First Carbon Capture, Storage Facility, Plans Another Two by 2025

China's Sinopec Corp said on Monday it has put into operation the country's largest carbon capture, utilisation and storage (CCUS) facility in east China, and p…

Electric Car

Toyota Builds 1MW Hydrogen System for US Department of Energy

The $6.5m project is being funded by the DOE and could be operational within three years

Crude Oil

Oil Climbs on Prospect of OPEC Supply Cut, Demand Growth

UAE, Oman back Saudi view on possible output cut