Us

United Kingdom

Octopus ‘Asks for £1BN Government Support to Seal Bulb Takeover Deal’

The energy supplier is reportedly keen on paying up to £200 million to take on Bulb’s 1.6 million customers.

United Kingdom

Space-Based Solar Power Gets £3M UK Boost

The UK government has committed £3 million (US$2.5 million) for new innovations to advance space-based solar power projects.

Wave Energy

The Wave Power Generator Experts Say ‘Proves Ocean Energy Can Work’ Is Already Powering Australian Homes

For the first time in Australia's history, a wave energy converter trial has successfully generated energy from the chaotic and wild ocean waves to power homes.…

Hydrogen Project

Indian Energy Giants Plan 1.3GW Green Hydrogen Project Powered by 24/7 Renewables in $6BN Deal

Plant would use 6-7GW of wind and solar to produce one million tonnes of green ammonia annually.

Iran

Iran Says Proposed Ideas Submitted to Accelerate Nuclear Talks

Iran has submitted proposed ideas in "both substance and form" to the other sides of the Vienna talks on reviving the 2015 nuclear deal, to pave the way for the…

Natural Gas

Australia’s East Coast May Face Gas Shortfall Next Year, Watchdog Warns

Australia's competition watchdog urged the federal government on Monday to consider curbing gas exports, warning its east coast could face a major shortfall nex…

Oil Price

Oil Prices Slip Ahead of OPEC+ Meeting

Oil prices dropped early on Monday as investors braced for this week's meeting of officials from OPEC and other top producers on supply adjustments.

OPEC

OPEC Secretary General Says Russia’s Membership in OPEC+ Is Vital for Success of Agreement

OPEC's new secretary general said that Russia's membership in OPEC+ is vital for the success of the agreement, Kuwait's Alrai newspaper reported on Sunday.

Nuclear waste

UK's Gemini Waste Packages Re-Enter Service

The first active shipment of legacy waste drums from Magnox Harwell in Oxfordshire, England, to Sellafield in Cumbria has been completed using the Nuclear Decom…

China

China, US to Account for 75% of Global Energy Storage Demand

Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031.

Nuclear Reactor

DOE Formalises Test Reactor Decision

The US Department of Energy (DOE) has issued its Record of Decision on the Final Environmental Impact Statement (FEIS) for the sodium-cooled fast neutron reacto…

SMR

Last Energy Agrees to Build Ten SMRs for Polish Industrial Zone

US small modular reactor (SMR) developer Last Energy has signed a Letter of Intent with Poland's Legnica Special Economic Zone (LSEZ) and DB Energy on the const…

United States

US Senate Gives Green Light to Landmark Climate Deal

In a head-snapping reversal, Sen. Joe Manchin (D-WV) said July 27 that he had reached a deal with Majority Leader Chuck Schumer on a budget reconciliation packa…

Energy Investment

Adnoc Distribution to Buy 50% Stake in TotalEnergies Egypt in Its Largest Investment

The acquisition, expected to be completed in the first quarter of 2023, marks the UAE company's entry into Arab world's most populous market

Iberdrola Sees Profits Soar With International Business Offsetting Spain’s Results

Iberdrola has recorded a net profit of €2.07 billion (US$2.1 billion) in the first half of 2022 due to strong performances in its international business offset…