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Natural Gas

Mexico's CFE Says to Work with Engie to Expand Pipeline in Yucatan Peninsula

Mexican state power utility CFE has signed an agreement with French energy company Engie to develop terms and requirements to expand the Mayakan gas pipeline in…

Natural Gas

Nord Stream Updates Russia-Germany Pipeline Outage End-Date to April Next Year

Nord Stream AG, the operator of the Russia-led Nord Stream 1 gas pipeline, on Monday updated the end date of the unplanned outage at the Greifswald exit in Germ…

Crude Oil

Argentina Agrees Fuel Price Rise Caps with Firms, Pledges FX Access

Argentina on Monday reached an agreement with major oil firms operating in the country to put a cap on fuel price increases in a bid to keep costs at the pump d…

Crude Oil

Exxon to Exit Equatorial Guinea Amid Wider Africa Crude Phaseout

Exxon Mobil Corp will wind down oil production in Equatorial Guinea and leave the West African country after its license expires in 2026, two sources close to t…

Brazil

Brazil's Transition Team Asks Petrobras CEO to Suspend Company's Divestment Plan

Brazil's government-elected transition team asked state-run oil company Petrobras' Chief Executive, Caio Mario Paes de Andrade, to suspend the company's divestm…

Hydrogen Production

ACWA Power, PTT, and EGAT Support Thailand Through Use of Green Hydrogen

ACWA Power, PTT, and EGAT have signed a landmark MoU with a view to embarking on green hydrogen and derivatives projects that meet the Southeast Asia country’s…

Energy Storage Battery

Rolls-Royce to Supply 30MW Battery Solution to Balance Dutch Grid

A large-scale battery storage system from Rolls-Royce – touted to be the largest in the Netherlands – is the latest to help the Dutch grid manage its overflow…

Hydropower Plant

Zimbabwe Power Shortage to Worsen as Hydro Plant Halts Generation

Zimbabwe's prolonged power shortage is set to worsen after the entity that manages southern Africa's biggest dam ordered suspension of electricity generation at…

Crude Oil

UAE's ADNOC to Cut 5% of Dec Crude Volumes to Term-Buyers in Asia - Sources

Abu Dhabi National Oil Company (ADNOC) will cut 5% of the December crude oil supply to some term-lifters in Asia but will provide full contractual volumes in Ja…

Italy

Italy Applies 50% Windfall Tax on Energy Companies' Extra Income, Draft Shows

Italy plans to apply a 50% one-off windfall tax next year on income of energy companies that have benefited from the surge in oil and gas prices, a draft of the…

Energy Transition

COP27 Climate Summit Missed Chance for Ambition on Fossil Fuels, Critics Say

Fossil fuel producers benefited from sympathetic treatment in Egypt at the COP27 climate talks, government officials said, bringing their influence to bear in r…

Japan

BOJ to Conduct Annual Survey on Climate Finance to Nurture ESG Market

Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya said on Sunday the central bank will conduct a survey annually of financial institutions and companies, se…

Eni and EDF Using Quantum Computing to Make Sustainability Gains

Quantum computing in the energy sector is gaining ground with the development of new use cases by Italy’s Eni and EDF in France.

Hydrogen Production

What Are the Future Prospects of the Green Hydrogen Market?

Hydrogen’s vast reserves make it an attractive option amid increased demand for renewables to meet its stated decarbonization targets.

Hydrogen Production

Green Hydrogen Is Not a Silver Bullet Solution

In the United States, the Department of Energy is doling out billions of dollars in federal funding to create up to 10 “hydrogen hubs”.