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Oil&Gas Drilling
Shell, BP Strike US Gulf Deal Ahead of Planned Drilling
Shell and BP have finalized an exchange of acreage in the deepwater Gulf of Mexico ahead of planned drilling in the greater Mars Basin, one of the region’s mos…
Energy Transition
UAE Collaborating With India to Boost Energy Transition and Industrialisation Efforts
The two countries agreed to fast-track various initiatives during a visit to India by Dr Sultan Al Jaber
Germany
G7 Can Spearhead Climate Fight by Agreeing to Phase Out Coal, Germany Says
The Group of Seven countries can spearhead the fight against climate change and accelerate a pivot away from fossil fuels by agreeing to phase out coal power ge…
Energy Investment
US Government to Invest $38M in Decarbonising National Laboratories
Each of the Department of Energy’s national laboratories houses heavy industrial facilities, energy-intensive data centres, reactors and other unique infrastru…
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…
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