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Oil Price

Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol

The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s…

LNG

UAE Signs Energy Agreement With Germany’s Scholz

The president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan, has signed an agreement with German Chancellor Olaf Scholz that covers accelerat…

Nuclear Fusion

US Launches $50M Programme to Advance Commercial Fusion

In order to bring fusion closer to commercial viability, the Department of Energy (DOE) has announced up to $50 million to launch a new milestone-based fusion d…

Wind Power Project

Wind Energy Industry Warns: Actions Not Words Needed to Address Energy Security and Climate Crises Ahead of COP27

More than 100 leading wind energy companies call on Paris Signatories to streamline planning and permitting, upgrade grid infrastructure and evolve power market…

Natural Gas

Spain-France Natural Gas Pipeline Boosts Capacity by 18%

An existing natural gas pipeline from Spain to France via the Pyrenees has boosted its capacity by 18% and could be used immediately if France requests it.

Oil Price

Volkswagen Warns: High Gas Prices Could Impact Car Production

Germany's Volkswagen AG warned on Thursday that global auto production will be at risk in 2023 if Russia fails to resume deliveries of natural gas through Nord …

Electric Vehicle Battery

China’s CATL, a Tesla Supplier, Considers Expanding Battery Swapping Business Overseas

CATL, the world’s largest electric vehicle battery maker, is a supplier to companies such as Tesla and Ford.

Hydrogen Project

EU Approves up to $5.2 Billion in Public Funding for Hydrogen Projects

Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.

United States

U.S. Senate Votes to Amend Global Treaty to Curb Climate-Warming Gas

The U.S. Senate on Wednesday voted 69-27 to ratify an amendment to the Montreal Protocol that would cut the use of hydrofluorocarbons (HFCs), a major greenhouse…

Australia

South Australia’s First Solar Digital Mining Centre

South Australia’s first solar digital mining centre is officially up and running in the seaport city of Whyalla.

Carbon Emissions

U.S. EPA to Consider Tougher Emissions Rules for Heavy Trucks

The U.S. Environmental Protection Agency (EPA) will consider adopting more stringent greenhouse gas emissions rules for heavy trucks after Congress passed new i…

United States

Amazon Drives Renewable Energy Push With 71 New Projects

Amazon.com Inc said on Wednesday it would add 2.7 gigawatts of clean energy capacity through several new projects as it seeks to use 100% renewable energy acros…

Natural Gas

German Jan-July Gas Import Costs Surge 164% As Imports Drop 25.5%

The July statistics from Germany's foreign trade office BAFA are the fifth to reflect the impact of the war in Ukraine, which began on Feb. 24, and Western sanc…

Net Zero Emission

Emerging Tech Could Create a Greener Global Shipping Industry

Shipping companies are experimenting with methanol, ammonia and wind.

Belgium

Thousands Take to the Streets in Belgium Against Soaring Energy Prices

Thousands of people protested against soaring electricity prices and costs of living in the Belgian capital Brussels on Wednesday, following a similar protest t…