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Oil Price

Oil Edges Down as Demand Concerns Weigh, Heading For Weekly Fall

Oil prices edged slightly lower on Friday as worries about global economic growth and uncertainty weighed on markets following numerous interest rate hikes arou…

Coal-Fired Power Plants

Australian Power Crisis Eases as Coal-Fired Plants Crank Up

Blackout risks eased in eastern Australia on Friday as about a third of the coal-fired generation that had been offline in recent weeks returned to service, but…

Wind Farm

Vattenfall Offshore Wind Farm Will Use Recyclable Wind Turbine Blades

The Hollandse Kust Zuid offshore wind farm in the Netherlands will use a new type of wind turbine blades that can be recycled. The blades are made with a new ty…

Crude Oil

U.S. Steps up Heavy Crude Imports as Biden Blasts Profiteering

U.S. refiners last month imported the most heavy crude in nearly two years, customs data showed, as they cranked up motor fuel production and sought to replace …

United Kingdom

UK ‘Paid £5.1BN for Russian Gas, Oil and Coal in 2021’

The UK spent £5.1 billion on Russian energy imports in the year to April 2022.

Microgrid

Renewable Front-Of-The-Meter Microgrid Strengthens California’s Grid Reliability

California’s first 100% renewable energy, front-of-the-meter, multi-customer microgrid is now fully operational, providing enhanced energy resilience for the C…

Clean Energy Transition

Malaysia’s Petronas Launches Clean Energy Firm to Lead Carbon-Free Push

Malaysia's Petronas on Thursday announced the establishment of a new clean energy solutions company, Gentari, as part of a global push by the state oil firm to …

LNG

How the World’s Top Coal, LNG Exporter Ran Into a Power Crisis

Australia, the world's top exporter of coal and liquefied natural gas, is battling a power crunch, posing major challenges for the country's new Labor governmen…

CCS

Shell to Build Ships to Carry More CO2 Over Longer Distances for CCS Hubs

Shell is building larger vessels that can carry more carbon dioxide over longer distances as part of the company's plans to expand its carbon capture storage (C…

Wave Energy

CorPower Ocean Unveils Tech to Unleash Utility-Scale Wave Farms

CorPower Ocean has officially unveiled the CorPower C4 wave energy converter and CorPack clusters, which will be used as the building blocks for utility-scale w…

Energy Storage Battery

Increase in Battery Storage Use Could Push Australian Electricity Prices Even Higher

Data collated by Cornwall Insight Australia, looking at battery storage operations from June 2021 to May 2022, has shown a link between the increase in the amou…

Energy Transition

Seven Countries to Share €2.4BN EU Funding to Accelerate Green Transition

It will support measures to reduce emissions in energy, industry and transport in Romania, Czechia, Poland, Lithuania, Hungary, Slovakia and Croatia, as well as…

Hydrogen Production

DNV Forecasts Hydrogen to Meet a Third of What Is Required for Paris Goals

The Norwegian certification society suggests new policies are needed to push hydrogen production and offtake

Hydrogen Project

Oil Giant BP Swoops for Largest Stake in $36BN Green Hydrogen Mega-Project in Australia

Supermajor to take 40.5% share and lead operation of 26GW Asian Renewable Energy Hub in Western Australia

Hybrid Power Plant

GE Renewable Energy to Ramp New ‘Renewable Hybrid’ Factory in India to 9GW

US conglomerate General Electric (GE) is looking to triple its solar and battery energy storage manufacturing capacity at its newly launched Renewable Hybrids f…