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Natural Gas

Two more UK Energy Firms go Bust as Prices Soar

Two more UK energy firms have ceased trading amid soaring wholesale energy prices.

Oil Field

Occidental Sells Stakes in Two Ghana fields for $750 million

Houston-based Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corporatio…

Crude Oil

ANALYSIS: Brent Crude Oil Price may Rise to $85.04 per Barrel

Even though there is early sign of the uptrend continuation, the resumption may not be confirmed until oil breaks $84.02, because the bullish momentum does not …

Nuclear Reactor

Macron Commits to SMR Reactors and Green Hydrogen by 2030

French President Emmanuel Macron said that by 2030 France must be a leader in carbon-free power generation, placing the focus squarely on nuclear energy and gre…

Australia

Australia’s Tasmania Targets Net-Zero Emissions by 2030

Australia's Tasmania state has released draft legislation to target net-zero greenhouse gas (GHG) emissions by 2030.

Natural Gas

Northern Ireland Gas Storage Project Secures Greenlight as Prices Skyrocket

The UK government has approved the construction of a gas energy storage project in Northern Ireland amidst an energy crisis caused by natural gas supply constra…

Energy-Eficient Building

GGF Supports Novus in Building Energy-Efficient Supermarkets

The Green for Growth Fund – GGF joined the EBRD in providing a USD 100 million senior loan to Novus to finance the construction of energy-efficient supermarket…

Coal Trade

US, Canada Coking Coal Exports Shift Towards Asia

US and Canadian coking coal exports to China and India rose in August, while Atlantic buyers turned to Australian cargoes at lower prices.

Market Analysis

New GHG Targets Dampen Coal Outlook in South Korea

South Korea's power sector will have to reduce its net 2030 greenhouse gas emissions by at least 44.4pc from 2018 levels to meet the newly proposed nationally d…

Hydrogen Project

Australian CS Energy, Japan IHI to Build Hydrogen Plant

Queensland state-controlled utility CS Energy and its joint venture partner Japanese engineering firm IHI will build a pilot hydrogen plant with capacity of 50,…

Hydrogen Project

Two Consortiums Unite for Orkney Hydrogen Hub Development

Plans have today been unveiled for the West of Orkney Windfarm that aims to utilise Orkney’s offshore wind to power the production of green hydrogen on an indu…

Hydrogen Project

Hypersonix Opens International Office to Accelerate Hydrogen Spaceflight Ambitions

Australian aerospace firm Hypersonix Launch Systems, which is striving for space flight with its hydrogen-powered scramjet technology, has opened its first inte…

Offshore Wind Power

DEME Offshore to Install Foundations at Vineyard Wind 1 Offshore Wind Farm in U.S.

DEME Offshore, has through its U.S. subsidiary DEME Offshore US LLC, secured a contract for the installation of offshore wind turbine foundations for the Vineya…

Net Zero Emission

Chevron Adopts Net Zero Emissions 'Aspiration'

Under pressure to move more aggressively on the energy transition front, US oil producer Chevron committed to a 2050 net zero "aspiration" for operational emiss…

Hydrogen Project

NTPC, Gujarat Gas 'Blend' Hydrogen for Homes

To begin with, NTPC aims to reach out to its 200-home housing colony at Kawas near Surat by using about 100 cm/d of PNG where it will initially blend hydrogen t…