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Net Zero Emission

Vanguard Commits $290 Bln of Assets to Be Net-Zero by 2050

Vanguard, the world's second-biggest asset manager, said it expects nine funds managing $290 billion to reach the world's climate goal by 2050 and be at least h…

Oil Price

UK Imposes 25% Energy Windfall Tax to Help Households as Bills Surge

Britain announced a 25% windfall tax on oil and gas producers' profits on Thursday, alongside a 15 billion pound ($18.9 billion) package of support for househol…

Hydrogen Technology

Airbus to Launch UK Hydrogen Tech Centre

Airbus has announced the launch of a UK Zero Emission Development Centre (ZEDC) for hydrogen technologies.

Energy Transition

IRENA Calls for Inclusive Energy Transition

The 23rd Council of the International Renewable Energy Agency (IRENA) in Abu Dhabi has ended after two days of deliberations on the Agency’s medium-term strate…

Clean Energy Transition

Path to a Clean Energy Future Exposes Supply Chain Weaknesses – Report

A report has been released to explore the impacts of global supply chain disruption and rising inflation on renewable energy developers, manufacturers, and insu…

CCS

SSE to Pour £24BN Into the UK’s Clean Energy

The energy giant has reported a pre-tax profit of £1.5bn

Coal-Fired Power Plants

“Options Open” for Keeping UK Coal Plants at Normal Capacity This Winter

Energy Minister has said his first priority in the coming winters is to “maintain levels of investment” in the North Sea oil and gas

Hydropower Plant

Karot Hydropower Project Under Cpec to Generate Eco-Friendly, Cheap Electricity: Pakistani PM

Pakistani Prime Minister Shahbaz Sharif said on Wednesday that the Karot Hydropower Project will generate environment-friendly and cheap electricity, promoting …

Clean Energy Transition

How Gas Interests Slowed Chile’s Clean Energy Transition

Chile holds itself out as a global leader on climate change. Nearly 22% of Chile’s electricity is generated by solar and wind farms, putting it far ahead of bo…

Crude Oil

US to Sell Up to 40.1M Oil Barrels From Emergency Stockpile

The Department of Energy must receive bids for this notice of sale no later than 10.00am Central Time on 1st June 2022.

Hydrogen Technology

DOE Awards GE Two Projects to Test Hydrogen Combustion

General Electric (GE) has been awarded two projects from the U.S. Dept. of Energy (DOE) as it continues to develop and test equipment and systems needed for hyd…

Hydrogen Project

Iberdrola Boss Pledges €3BN to Fuel Europe’s Green Hydrogen Economy

Ignacio Galán, chairman of Spanish energy giant Iberdrola, has announced at the World Economic Forum in Davos that the company will invest €3 billion ($3.2 bi…

Wind Power Project

Bluearth Acquires 1GW Wind and Solar Development Project in Us

The Eads Wind and Solar Project in Kiowa and Cheyenne Counties is due to be completed in multiple phases.

Natural Gas

British Regulator Poised to Approve Shell North Sea Gas Project

A British regulator is expected to approve in the coming days a revised plan by Shell to develop a North Sea gas field, which had been initially rejected on env…

Saudi Aramco Shows Interest in Buying Valvoline’s Commercial Unit

Oil giant Saudi Aramco has approached motor oil and lubricant maker Valvoline Inc to buy its segment that caters to commercial customers, sources familiar with …