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Natural Gas
Netherlands Proposes EU Gas Price Cap for State-Backed Buyers - Document
The Netherlands has weighed into the European Union's debate on whether to cap gas prices with an alternative proposal that would cap gas prices but only for go…
Crude Oil
Price Cap on Russian Oil Comes Into Effect
The price cap of $60 per barrel for Russian oil devised by the G7 and supported by the European Union comes into effect today, aiming to curb Russia’s revenues…
CCS
Ocean Fertilization for Carbon Storage
As per an international research team headed by Michael Hochella of the Department of Energy’s Pacific Northwest National Laboratory, the immediate necessity t…
IEA: Global Energy Efficiency Accelerates Amid Crisis
The progress toward energy efficiency is still not enough to meet climate goals, according to the International Energy Agency.
Hydropower Plant
RATCH Group Unit Buys Eco Energy Shares to Co-Develop Hydro Project in Indonesia
RH Internationa (Singapore) will now hold a 50% stake in the project.
Energy Transition
Indonesia’s Energy Transition Plan to Face Implementation Hurdles
Indonesia and its international partners agreed to mobilise US$20b in financing.
Crude Oil
Europe Rushes to Fill Up on Russian Diesel Before Ban Begins
European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited.
Hydrogen Project
World Bank Group Announces International Low-Carbon Hydrogen Partnership at COP27
The World Bank hydrogen partnership will foster capacity building and regulatory solutions, business models, and technologies toward the roll out of low-carbon …
Hydrogen Project
Egypt Exceeds Expectations With $83BN in Green Energy Deals at COP27
Suez Canal Economic Zone finalises nine agreements with international companies.
Crude Oil
Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA
Russian oil output is set to fall 1.4 million barrels per day(bpd) next year after a European Union ban on seaborne exports of Russian crude comes into effect, …
Net Zero Emission
GE and IRENA Sign Collaborative Agreement at COP27 to Support the Global Climate Change Agenda
GE signed a framework agreement with the International Renewable Energy Agency (IRENA) to collaborate on a plan which will support both climate change and energ…
Net Zero Emission
IEA Calls to End New Coal as Climate Change Threats Rise
A new IEA special report provides an analysis of what it would take to bring down global coal emissions rapidly enough to meet international climate goals.
Hydropower Plant
Comment: Hydropower Is the ‘Forgotten Giant’ of the Energy Transition
Eddie Rich, CEO of the International Hydropower Association and Pascal Radue, CEO of General Electric Hydro Solutions, explain why the often-overlooked hydropow…
Hydrogen Fuel Cell
Cummins, Tata Motors Team Up for Hydrogen-Powered Engines
U.S.-listed Cummins Inc said on Monday it has signed an agreement with Indian automaker Tata Motors to develop hydrogen-powered internal combustion engines, fue…
Mexico
Mexico's Pemex to Work With EPA to Bring Down Methane Emissions
Mexican state oil company Pemex said Saturday that it would work with the U.S. Environmental Protection Agency (EPA) to reduce greenhouse gas emissions - especi…
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