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Crude Oil

UAE Believes the Oil Industry Is in “Decline Mode”

Crude oil is in “decline mode” in the long term, OPEC heavyweight the United Arab Emirates (UAE) says.

Solar Power Panel

Rural America Is Pushing Back Against the Renewable Boom

Reaching net zero by mid-century will require the world to double its current rate of renewable expansion.

Energy Transition

British Energy Giant Bp to Buy Biogas Producer Archaea in $4.1bn Deal

Archaea Energy operates 50 renewable natural gas and landfill gas-to-energy facilities across the US, producing around 6,000 barrels of oil equivalent a day of …

Electricity Transmission

Transgrid Completes Smart Interconnector Upgrades

Australian utility Transgrid has used SmartValve technology from US-based grid enhancing technology company Smart Wires to improve the efficiency and capacity o…

Net Zero Emission

MIT Amps up Research to Reduce Methane Emissions by 2030

One of the most notable climate change provisions in the 2022 Inflation Reduction Act is the first U.S. federal tax on a greenhouse gas (GHG).

Rising Interest Rates Weigh on Renewable Growth

European renewable stocks have fallen 20% since August.

Crude Oil

North America Leads $370 Billion Global Push for Oil & Gas Pipelines

Westwood’s upcoming onshore pipeline market forecast has revealed that between 2022 and 2028, the world will spend almost $370 billion on new oil and gas pipel…

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.

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.

Hydrogen Production

Indonesia Tests Co-Firing of Coal and Gas With Biomass and Hydrogen

Mitsubishi Heavy Industries is to explore co-firing less carbon intensive fuels at power plants owned and operated by Indonesia Power.

Coal-Fired Power Plants

Germany's Cabinet Approves Accelerated Coal Exit by 2030 in Western State

Germany's cabinet on Wednesday approved a draft law to phase out coal-fired power plants in the western state of North Rhine-Westphalia by 2030 instead of a pre…

Net Zero Emission

China Pledges High-Tech Support for Climate, Environmental Problems

China will seek high-tech solutions to resolve its complex environmental challenges and make use of innovations in big data, biotech and artificial intelligence…

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.

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…