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Biden Unveils $13.5 Billion Package to Ease Home Energy Costs
U.S. President Joe Biden has announced plans to shell out $13.5 billion to help reduce energy costs for low- and moderate-income households.
Oil Price
BP Looking at Billions in Buybacks for Q4
British oil and gas supermajor BP Plc. has announced plans to buy back $2.5 billion in shares after an impressive third quarter.
Hydrogen Project
The UK Looks to Repurpose Natural Gas Infrastructure for Hydrogen
The UK is trialing the idea of repurposing natural gas infrastructure for hydrogen.
Natural Gas
Chesapeake Points to Rising Costs in Fastest-Growing U.S. Gas Field
Chesapeake Energy on Wednesday said inflation in the fastest growing U.S. shale gas region could surpass 15% next year, a sign that soaring costs for energy pro…
Net Zero Emission
Report Lays out How Countries Could Reorient Their Problematic Climate Plans
A new study is the first to calculate that countries collectively need a total of 1.2 billion hectares of land to fulfill the promises laid out in their officia…
Net Zero Emission
EGA Joins First Movers Coalition to Continue Focus on Decarbonising Its Operations
The company is the first in the UAE to join the coalition.
Wave Energy
Sea Trials Show Promising Results for AWS Wave Energy Device
Inverness-based AWS Ocean Energy has announced encouraging results from the current phase of sea trials of its wave energy device at the European Marine Energ…
Wärtsilä Reciprocating Engine Undergoes Hydrogen Pilot
Utility company WEC Energy Group and Electric Power Research Institute (EPRI) were among the partners to announce the completion of a hydrogen blending pilot pr…
Offshore Wind Power
Japan's TEPCO Renewable to Buy British Offshore Wind Power Firm
TEPCO Renewable Power, a unit of Tokyo Electric Power Company Holdings, said on Wednesday it will buy 100% stake in Flotation Energy, a British floating offshor…
Carbon Emissions
Microsoft's President Warns of Talent Shortage for Tackling Climate Change
Thousands of businesses will fail to meet pledges to combat climate change unless they start training employees on sustainability.
Oil Refinery
French Refineries Restart After Strike Action
Around 45% of France’s oil refining capacity remains offline following strike action last month, but supply is set to improve as one major refinery is back on …
Nuclear Power Plant
Poland's First Nuclear Power Plant to Cost Around $20 Bln - PM
Poland's first nuclear power station, which will be built by U.S. firm Westinghouse Electric Co, will cost around $20 billion.
Natural Gas
Nord Stream 1 Operator Says It Found Craters at Damaged Pipeline Site
The Swiss-based operator of Russia-led Nord Stream 1 gas pipeline said on Wednesday it had completed initial data gathering at location of the pipeline damage o…
OPEC
OPEC Oil Output Falls by 20,000 Bpd in October -Reuters Survey
The following table shows crude output by the Organization of the Petroleum Exporting Countries (OPEC) in millions of barrels per day (bpd) in October and Septe…
Denmark
Equinor to Acquire Danish Solar Power Developer
Norwegian energy firm Equinor said on Wednesday it had agreed to buy Denmark's BeGreen, a solar project developer in north-west Europe, for an undisclosed sum. …
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