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Wind Farm

Ørsted to Sell 50% Stake in US Renewables Portfolio

Global wind project developer Ørsted has announced that it is selling a 50% ownership stake in a US portfolio to the investment group Energy Capital Partners. …

Hydrogen Production

Iridium Replaced With Ruthenium in Hydrogen Production

Researchers have replaced iridium with ruthenium, a more abundant precious metal, as the positive-electrode catalyst in a reactor that splits water into hydroge…

Oil Field

Oil Giant Schlumberger Rebrands Itself as SLB for Low-Carbon Future

Schlumberger, the world's largest oilfield services provider, is rebranding itself with a new name, color scheme and logo that underscores its ambitions for a l…

Electric Car

Smart Thermostats and EVs Connected in US Demand Response Partnership

A new partnership in the US has concocted a DERMS-powered programme to coordinate demand response via smart thermostats and electric vehicles (EVs).

Natural Gas

Germany Evaluating if Consumer Gas Price Brake Can Be Brought Forward

German finance minister Christian Lindner said on Sunday it was not yet clear whether a gas price brake for consumers and small businesses planned from March co…

Natural Gas

Uniper Shuts Down 50% Of Headquarters to Save Gas

German utility Uniper is shutting half the office space in its headquarters and lowering temperatures in areas remaining open to save gas.

Net Zero Emission

Australia Signs up to Global Pledge to Cut Methane Emissions by 30%

Australia's climate change minister Chris Bowen on Sunday said the government has joined the Global Methane Pledge as part of multilateral efforts to reduce glo…

Hydrogen Project

Asia’s Richest Person Adani Aims for Europe With Huge Morocco Clean Energy Project

Billionaire's conglomerate is considering building wind and solar generation plants in the North African nation and units to produce green hydrogen for export. …

South Africa

South Africa’s Eskom to Implement ‘Stage 4’ Power Cuts From Sunday Noon

South Africa's Eskom will implement "Stage 4 power" cuts from noon on Sunday until early Monday morning.

Oil Price

Goldman: U.S. SPR Crude Releases to Have Modest Price Influence

The Biden administration's plan to continue releasing the Strategic Petroleum Reserves (SPR) "as appropriate" to bring down retail rates poses limited downside …

Oil Shale

Shale Firms Discount 'U.S. Put' as Inadequate to Lift Oil Output

U.S. shale oil executive Matt Gallagher this week took a poll on Twitter to gauge sentiment toward President Joe Biden's offer to stock the U.S. emergency oil r…

Oil Refinery

Exxon Shares Surge to Record High on Strong Earnings Outlook

Exxon Mobil Corp shares passed their all-time high on Friday as oil prices resumed their climb and analysts raised their long-term views of top U.S. oil produce…

Net Zero Emission

U.S. EPA Begins Work to Set up $27 Bln Green Bank

The Environmental Protection Agency (EPA) on Friday began the process of designing a $27 billion green bank that will offer grants to disadvantaged communities …

Hydrogen Project

Germany Receives First Container of UAE Hydrogen-Based Ammonia Fuel

Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, and German Vice Chancellor Robert Habeck attend ceremony in Hamburg

Wind Farm

Ørsted Partners with ECP in the Company’s First-Ever Farm-down of Onshore Assets

Ørsted closed a transaction with Energy Capital Partners (ECP), a leading energy transition-focused investor, to divest a 50 % ownership stake in a portfolio c…