Un

Norway

Norway Oil Firm Okea to Initiate Dividend, Buy North Sea Assets

Norwegian independent petroleum firm Okea announced its first dividend payment on Monday and separately said it agreed to buy a portfolio of mostly oil-producin…

Wind Turbine

No Signs of Near-Term Recovery at Siemens Gamesa - Siemens Energy CEO

Siemens Energy does not yet see signs of a recovery at wind turbine maker Siemens Gamesa, its chief executive said on Monday after launching a bid for minority …

Australia

Newly-Appointed Australian PM Anthony Albanese Wants to ‘End Climate Wars’

Mr Albanese, who was sworn in as the country’s 31st prime minister this morning, said the new government in Australia ‘represents a change’.

Thailand

Thailand to Turn To Renewable Energy Amidst Gas Supply Challenges

​Thailand is seen turning to its renewable energy sector for a steady electricity supply as its natural gas power sector faces supply challenges amidst politic…

Joe Biden

Biden’s ‘Nuclear Deterrence’ Remarks Send Shock Waves

United States President Joe Biden sent shock waves on his first Asian trip by committing to "nuclear deterrence" for the Republic of Korea, wider military exerc…

LNG

Norway’s Hammerfest LNG Plant Extends Outage Until May 27

Norway's Hammerfest LNG plant is now expected to restart on May 27, four days later than the previous plan and further delaying operations since a fire in 2020,…

Nuclear Power Plant

EDF: Hinkley Point C Nuclear Plant Delayed and Costs to Soar by £3BN

Costs have been estimated to range between £25bn and £26bn and the nuclear plant in Somerset is expected to start operating a year later than planned – now i…

Energy Storage Battery

Shanghai Electric Hails UK, Japan and Bangladesh Milestones

Energy solutions provider Shanghai Electric continues to ramp up progress of its construction undertakings around the world amid global uncertainty.

Energy Transition

How Gas Interests Slowed Chile’s Clean Energy Transition

Chile holds itself out as a global leader on climate change. It was one of the first countries to declare a target for renewable energy, in 2008.

LNG

Natural Gas Prices Under Pressure From Soaring U.S. Demand

U.S. natural-gas prices have hit their highest level in 14 years as North American producers scramble to replenish supplies with demand soaring and storage leve…

Carbon Emissions

Could Hydrogen Be the Victor in Uk’s Hydrogen vs. Electric Truck Probe?

The UK government has launched a £200 million investigation into the future of its road freight.

OPEC

Five Major Challenges Facing the Energy Industry

Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head…

Offshore Wind Power

EDF to Deploy Underwater Drones to Inspect Offshore Wind Farms

Underwater robots will autonomously carry out maintenance work for offshore wind turbines.

Net Zero Emission

Swiss Re, UBS Among Founding Buyers in Carbon Removal Scheme

Insurance firm Swiss Re and banking giant UBS are among five founding buyers of credits from a scheme set up by a Swiss company to drive down the cost of taking…

Wind Turbine

Siemens Energy Launches $4.3BN Bid for More Shares in Its Wind Turbine Unit

Company has faced mounting shareholder pressure to seek control of Siemens Gamesa, in which it owns a 67% stake that was inherited as part of a spin-off from fo…