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Hydrogen Project
Lhyfe and WPD Offshore Plan 600MW Green Hydrogen Site
Lhyfe and wpd Offshore sign MoU to develop one of the most ambitious green hydrogen projects in Europe at Storgrundet offshore wind farm.
Natural Gas
Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says
Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…
United Kingdom
Ithaca Energy Gains Access to Two of the Largest Undeveloped Discoveries in UK North Sea
North Sea-focused Ithaca Energy has reached an agreement to acquire Siccar Point Energy for a price tag of nearly $1.5 billion. This is Ithaca’s second expansi…
Natural Gas
Price Volatility and Rising Demand Revive U.S. Natural Gas Trading
Natural gas trading is seeing a renaissance in the United States with the return of price volatility, while market turmoil in Europe could keep gas demand and e…
Crude Oil
IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels
The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.
Carbon Emissions
Steelmaker Uses Green Hydrogen to Cut Carbon Emissions
For hundreds of years, raging blast furnaces — fed with coking coal — have forged steel used in cars, railways, bridges and skyscrapers.
Offshore Wind Power
Wind Industry Sees 94GW Additional Capacity: Report
The wind industry saw an additional 94-gigawatt (GW) capacity in 2021, marking its second-best year, the Global Wind Energy Council (GWEC).
United Kingdom
UK Targets More Nuclear, Wind Power — and Fossil Fuels — in Bid for Energy Security
The U.K. government has revealed details of its long awaited, “bold” energy security strategy, but critics have derided its inclusion of fossil fuels and what…
Coal Trade
Germany Will Need Full Transition Period to Ban Russian Coal
Germany will need to use the full four-month phase-out period to implement a ban on Russian coal under European Union sanctions, Chancellor Olaf Scholz said on …
Energy Transition
As G20 Chair, Coal-Heavy Indonesia Sends Mixed Signals on Green Transition
Indonesia is using its stint as G20 president to push for more international funding for the green energy transition in developing nations.
Floating Solar Project
Nigeria and the Netherlands to Join Forces on Renewable Energy
The Netherlands have hosted a delegation of entrepreneurs and senior government officials from Nigeria, to discuss collaborations in areas including the circula…
Electric Car
Exploring the Technology Behind Electric Vehicle Batteries
Because they power electronic devices we depend on every day, batteries have become an important part of our lives.
Hydrogen Project
Global Low-Carbon Hydrogen Market 'Needs $600 Billion of Investment by 2050'
An investment of about $600 billion in low-carbon hydrogen will be required by 2050 to meet rising demand as the world focuses on cutting emissions to limit glo…
Coal-Fired Power Plants
Australia Plans to Slow Power Plant Closures
The Australian federal government plans to slow down the accelerated rate of power plant closures with proposals requiring utilities to provide a five-year noti…
Oil Price
Shell Raises Russia Writedown to as Much as $5 Billion
Shell will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading a…
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