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Oil Price

Why Buffett’s Berkshire Hathaway Is Seeking to Buy Up to 50% Of Occidental

The conglomerate first made a bet on the Houston-based oil company three years ago

LNG

Japan's Mitsui Nears Decision to Join New Sakhalin-2 Operator, Nikkei Reports

The logo of Japanese trading company Mitsui & Co. is seen in Tokyo, Japan, January 10, 2018. REUTERS/Toru HanaiJapanese trading firm Mitsui & Co is close to mak…

Hydrogen Production

Australian Start-Up’s Hydrogen Find Offers Hope for Coal Plants

Star Scientific's technology uses a catalyst that can turn hydrogen and oxygen into superheated steam capable of driving a power-station turbine

Carbon Pricing

How Companies Can Quantify the Benefits of Carbon Pricing

Fariyal Khanbabi, Dialight CEO, explains how energy businesses can quantify the benefits of carbon pricing and lower emissions for a net zero future

Solar Power Plant

ReNew’s US $1Bn ECB Loan for Pan-India Renewables Project

ReNew says 12 international lenders, led by Rabobank, will finance the largest ECB project finance loan in India’s renewable sector, for any single project.

Natural Gas

Germany Will Have Less Than 3 Months of Gas if Russia Halts Supply

Germany's energy regulator: Germany will only have enough natural gas to cover two and a half months of consumption this winter if Russia completely suspends de…

Carbon Emissions

EU Greenhouse Emissions Bounced Back

Greenhouse gas emissions rose in the first three months of the year, according to official data.

Nuclear Power Plant

Japanese Support for a Nuclear Restart Is at Its Highest Since Fukushima Disaster, Says Former IEA Executive Director

In a first for Japan since the Fukushima nuclear disaster in 2011, public support for a nuclear restart is now at more than 60%, said a former executive directo…

Oil Price

Oil Prices Ease as Russia Output Increases

Oil prices eased on Thursday, reversing course from the previous session, as rising output from Russia and worries about a potential global recession weighed on…

Energy Storage Battery

Inflation Reduction Act Prompts Turkish Company to Increase US Gigafactory Output to 3GWH

Turkish group Kontrolmatik Technologies has increased the output of its planned energy storage-focused gigafactory in the US by 50%, thanks to the Inflation Red…

Natural Gas

Uniper Records $12BN Loss in First Half of 2022 Due to Gas Crisis

Uniper has reported a significant net loss in the first half of 2022 due in large part to the underperformance of its gas business.

United States

US DOE Announces $44M Funding for EGS Innovation Projects

Through Utah FORGE, the U.S. Department of Energy will provide funding for up to 17 awards that will build on FORGE's existing work on EGS technologies.

Natural Gas

Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss

German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…

United Kingdom

British Gas and Octopus Energy ‘Back Energy Bill Freeze for Two Years’

The plan will reportedly see the launch of a multi-billion fund to cover the rising cost of the price cap

Floating Offshore Wind

Researchers Design Novel Floating Wind Turbine for Deep Waters

Researchers at the US Department of Energy’s Sandia National Laboratories created a tool that they plan to use to design a novel floating wind turbine that the…