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Oil & Gas Trade

New UK Prime Minister Opposes Windfall Tax on Energy Companies

UK's new Prime Minister Liz Truss said she was against the windfall tax on oil and gas companies operating in the UK.

EU

European Utilities Rally as EU Unveils Rescue Plan

Just hours after the European Commission proposed caps on power prices across the bloc, European utilities have rallied, with stocks gaining on indications that…

Oil Price

What Will Be Inside UK’s Energy Bill Package for Households and Businesses?

Britain’s new Deputy Prime Minister has confirmed that details of the government’s support will be revealed later this week

CCS

Biden Administration Targets Industrial Decarbonization Through Electrification, Low-Carbon Fuels, CCUS

The Biden administration has laid out a comprehensive roadmap to help five energy-intensive manufacturing sectors reduce their fuel- and power-related carbon em…

Smart Meter

Smart Meters Set to Transform Into Grid-Edge Computing Devices – Whitepaper

According to a new whitepaper from Guidehouse Insights, there is an extensive base of smart meters set for upgrade and replacement over the coming decade in bot…

Natural Gas

Exxon and Shell Look To Sell $1.5 Billion Natural Gas Venture

Supermajors ExxonMobil and Shell are looking to sell their 50/50 NAM natural gas producing joint venture in the Netherlands in a potential sale worth up to $1.5…

Wave Energy

California Wave Energy Developer Completes Long-Duration Ocean Pilot

US-based wave energy developer CalWave has completed its open-ocean wave energy pilot after 10 months of continuous operation off the coast of San Diego, Califo…

Natural Gas

French Urged to Cut Energy Use by 10%

Saving energy could help France avoid rolling blackouts and energy rationing this winter, the French President has said

Crude Oil

Norwegian Energy Giant Equinor Completes Russia Exit

It has exited from four joint ventures with state-owned Rosneft as well as the Kharyaga oilfield project

Energy Transition

Call For Robust Policy Framework at Irena’s Legislators Dialogue

IRENA held its second Legislators Dialogue during last week’s Investment Forum events that took place in the context of the G20 Energy Transitions Ministerial …

Energy Transition

Iberdrola Invests 3,000 Million Euros in Australia to Lead the Energy Transition

The Chairman of Iberdrola has held a meeting with the Premier of the State of Victoria, Daniel Andrews, and the Minister for Energy, Environment, Climate Action…

LNG

South Korea-Oman Energy Supply Chain Critical Amidst Rise in LNG Prices

South Korea’s Trade, Industry, and Energy Minister Lee Chang-Yang, and Oman’s Energy and Minerals Minister Salim bin Nasser Al Aufi discussed bilateral energy…

Wind Turbine

Offshore Wind Turbines ‘Must Triple to Help the UK Meet Its Targets’

The UK must speed up the rate of offshore wind projects to hit its Energy Security Strategy targets, according to a new report

Electric Car

EV Sales Accelerate

August saw strong growth in electric vehicle (EV) sales across the UK.

Natural Gas

Siemens Energy: Don’t Understand Gazprom View on Nord Stream 1

Siemens Energy said on Tuesday it does not comprehend Gazprom's presentation of the situation with the Nord Stream 1 pipeline