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Aker Solutions Buys Hydropower Technology Provider Rainpower
Aker Solutions ASA said Wednesday that it has agreed to acquire Rainpower Holding AS, a technology provider to the hydropower industry, for up to 150 million No…
South Korea
South Korea to Help Stabilise Energy Market Amidst Russia-Ukraine Conflict
South Korea is committed to helping stabilise the energy market amidst the conflict between Russia and Ukraine, Trade, Industry, Energy Minister Moon Sung-wook …
United States
Shell Fires up Olympus Tie-Back in Gulf of Mexico
Oil major Shell has kicked off production from a deepwater tie-back to its Olympus production hub, unlocking further value in the U.S. Gulf of Mexico.
Offshore Wind Power
UK Looks to Triple Solar and More than Quadruple Offshore Wind Power
The UK’s Department for Business, Energy and Industrial Strategy is set to soon unveil targets to triple solar power capacity, quadruple offshore wind installa…
Nuclear Power Plant
Ukraine Scrubbing Nuclear Agencies of Russian Influence
Ukraine’s nuclear sector is taking steps to remove Russian influence from its operations.
Oil Price
Oil Rises on Supply Tightness Despite "Constructive" Ukraine-Russia Talks
Oil prices climbed on Wednesday on hopes of progress in peace talks between Russia and Ukraine and providing a fresh reminder supply remains tight as data showe…
Hydrogen Production
China's First Hydrogen Plan Focused on Lowering Costs, Building Capabilities
China has recognized hydrogen as "a crucial element of the nation's future energy system" in its first-ever national hydrogen development plan launched in March…
Germany
Putin Should Think About the Consequences of Asking for Energy Payments in Rubles, Germany Says
Germany has some advice for Russian President Vladimir Putin: think about the consequences of asking for energy payments in rubles.
United Kingdom
Macquarie to Purchase Controlling Stake in UK Gas Grid
Australian mining company Macquarie has agreed a deal to purchase control of the UK’s gas infrastructure for £4.2bn ($5.5bn).
EU
Doubling Renewables ‘Could Help Europe Halve Gas Usage by 2030’
An accelerated push for renewables could cement Europe’s efforts to halve its total gas consumption, as countries strive to enhance sustainable economic develo…
Oil Price
Bank of England: ‘Historic’ Energy Shock Bigger than Any Year in the 1970s
Bank of England Governor Andrew Bailey has warned the shock to inflated-adjusted incomes in Britain as a result of rising energy prices will be larger than any …
Hydrogen Fuel Cell
Nickel Cells Sell More-Affordable Hydrogen Power
New fuel cell efficiently generates electricity without costly precious-metal catalysts.
Net Zero Emission
Can We Count On Zero-Emissions Planes & Ships?
Planes & Ships? Transport & Environment (T&E) gathered innovative industry players and policy makers to discuss the future of zero-emission shipping and aviatio…
Energy Transition
Fueling a Cleaner Future with a Hydrogen-First Economy
Today, hydrogen is experiencing unprecedented demand. Its potential to become a key facilitator of a global transition to a net-zero emission economy, and provi…
Electric Vehicle Charging
BP Pulse to Invest $1.2 Billion into UK Electric Vehicle Charging
bp pulse, bp’s EV charging business, announced a £1 billion ($1.2 billion) investment into EV charging in the UK, which will be unfurled over the next decade.…
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