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Energy Transition

How Southeast Asia Can Futureproof Its Energy Sector

Southeast Asia is experiencing unprecedented fuel price increases and volatility, increasing demand for power, and exposure to the intensifying impacts of clima…

Natural Gas

Nord Stream Updates Russia-Germany Pipeline Outage End-Date to April Next Year

Nord Stream AG, the operator of the Russia-led Nord Stream 1 gas pipeline, on Monday updated the end date of the unplanned outage at the Greifswald exit in Germ…

Crude Oil

Argentina Agrees Fuel Price Rise Caps with Firms, Pledges FX Access

Argentina on Monday reached an agreement with major oil firms operating in the country to put a cap on fuel price increases in a bid to keep costs at the pump d…

Crude Oil

Exxon to Exit Equatorial Guinea Amid Wider Africa Crude Phaseout

Exxon Mobil Corp will wind down oil production in Equatorial Guinea and leave the West African country after its license expires in 2026, two sources close to t…

Brazil

Brazil's Transition Team Asks Petrobras CEO to Suspend Company's Divestment Plan

Brazil's government-elected transition team asked state-run oil company Petrobras' Chief Executive, Caio Mario Paes de Andrade, to suspend the company's divestm…

Wind Farm

ACCIONA Energía to Double Australia’s MacIntyre Wind Precinct to 2GW

Infrastructure developer ACCIONA Energía has announced plans to develop the 1000MW Herries Range Wind Farm, an expansion of the MacIntyre Wind Precinct in Quee…

SMR

UK to Unveil Plans to Push Ahead with SMRs

The government has ambitions to triple UK’s nuclear power generation

Hydrogen Production

ACWA Power, PTT, and EGAT Support Thailand Through Use of Green Hydrogen

ACWA Power, PTT, and EGAT have signed a landmark MoU with a view to embarking on green hydrogen and derivatives projects that meet the Southeast Asia country’s…

Natural Gas

Ofgem’s Market Reform Proposals Criticised by British Gas Owner

Centrica CEO Chris O’Shea has accused Ofgem of an “abdication of responsibility”

Energy Saving

UK Government Unveils £1bn ECO+ Energy Efficiency Scheme

It will extend support to those who currently do not benefit from any other government support to upgrade their homes, targeting the least energy efficient home…

Crude Oil

UAE's ADNOC to Cut 5% of Dec Crude Volumes to Term-Buyers in Asia - Sources

Abu Dhabi National Oil Company (ADNOC) will cut 5% of the December crude oil supply to some term-lifters in Asia but will provide full contractual volumes in Ja…

Offshore Wind Power

China Expected to Be Part of Historic Offshore Wind Power Development

As climate change and energy issues are becoming more of a challenge, the offshore wind power industry has ushered in historic development opportunities.

China

China’s Solar and Wind Power Capacity Continues to Expand

China’s installed capacity of renewable energy has sustained growth momentum since the beginning of this year amid the country’s pursuit of green development.…

Wind Farm

Spain's Acciona to Build $1.3 Bln Wind Farm in Australia in Expansion Drive

Spain's Acciona SA announced plans on Monday to build a wind farm worth A$2 billion ($1.34 billion) in Australia, nearly doubling its investment and generation …

Japan

BOJ to Conduct Annual Survey on Climate Finance to Nurture ESG Market

Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said on Sunday the central bank will conduct a survey annually of financial institutions and companies, se…