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Canada

Canada, Nigeria Target Oil and Gas Methane Emissions With New Laws

Oil and gas producers Canada and Nigeria have become the latest countries to tackle the potent greenhouse gas methane with laws to rein in emissions in the foss…

Crude Oil

UK Considering Big Increase in Energy Windfall Tax, Sources Say

British finance minister Jeremy Hunt is considering a big increase in a windfall tax on oil and gas firms and extending it to power generation firms as he tries…

Electric Car

Synthetic Graphite Becomes Crucial to Meeting Battery Demand Surge

Rystad Energy: total EV sales this year will reach nearly 10 million units, a 43% jump from 2021 sales.

CCS

Chevron and Japan’s MOL to Explore CO2 Shipping From Singapore to Australia

They will look into the technical and commercial feasibility of initially transporting up to 2.5m tonnes per annum of liquefied CO2 by 2030.

Romania

Romanian Government Partially Regulates Energy Markets Until 2025

Romania's government changed its energy support scheme for households, small businesses and industry on Friday, partially regulating its power market until Marc…

Coal-Fired Power Plants

The $15 Billion Plan to Curtail Indonesia’s Coal Industry

The United States and Japan will lead a group of counties that will offer $15 billion to Indonesia for retiring its coal power plants earlier and moving on to l…

UN Launches Satellite System to Track Methane Emissions

The United Nations is launching a satellite-based system to detect and track global methane emissions as part of efforts to reduce emissions of methane.

Nuclear Reactor

EU Needs $460 Billion Investment to Maintain Nuclear Power Capacity

The European Union will need up to $462 billion (450 billion euros) in investment just to keep the current level of its nuclear power generation capacity.

Hydrogen Production

Philippines’ President Greenlights Offshore Wind, Green Hydrogen Plan

The Philippines’ President has given the country’s Department of Energy the green light to move forward with its plan to explore and develop the offshore wind…

Nuclear Reactor

Finland Introduces Scheme to Prevent Power Blackouts

Finland's national power grid operator said on Friday it will introduce voluntary procedures for companies and the public sector to help prevent electricity sho…

Natural Gas

Persistent EU Rifts Seen Delaying Any Approval of Gas Price Cap

Belgium, Greece, Italy and Poland on Friday threatened to block a new set of European Union steps to alleviate an acute energy crunch.

Carbon Emissions

COP27: Biden Says US Will Meet 2030 Emissions Targets

During his speech at the climate summit, he said the government has put its money where its mouth is on climate change.

Carbon Emissions

Global CO2 Emissions in 2022 ‘Remain at Record Levels’

Projected emissions from coal and oil are above their 2021 levels, according to a new report.

Energy Transition

IRENA’s Energy Transition Platform Bags $1b Investments

The platform aims to ramp up funding for renewable projects in developing countries.

Energy Storage Battery

AGL Breaks Ground for 50MW Grid-Scale Battery

It is expected to start operations by mid-2023.