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Carbon Neutral

Europe’s Power System – Vision for Carbon Neutrality

ENTSO.E’s vision for the future power system has electricity as the main and most efficient energy carrier and coupled with other energy sectors.

Natural Gas

EU Far From Finding Solutions to Energy Crisis, Spanish Minister Says

European Union members have not yet identified common solutions to the energy crisis, Spain's Energy Minister Teresa Ribera said on Tuesday.

Carbon Emissions

Forecasts of Future Arctic Carbon Emissions

Permafrost in the rapidly melting Arctic will probably release as much carbon dioxide and methane into the atmosphere as a large industrial nation by the end of…

Oil Price

Biden to Lay Out Plan to Complete Emergency Oil Sales, Support U.S. Production

U.S. President Joe Biden will announce a plan on Wednesday to sell off the last portion of his release from the nation's emergency oil reserve by year's end, an…

Natural Gas

EU Leaders Will Discuss Gas Price Cap for Power Generation, Michel Says

European Union leaders will discuss putting a cap for the price of gas used to generate electricity - over which member states are divided - when they meet for …

Oil Refinery

Exxon Mobil Says French Refineries Could Take 2-3 Weeks to Fully Restart

Exxon Mobil's 140,000 barrel per day (bpd) fos-Sur-Mer and 240,000 bpd Port Jerome-Gravenchon oil refineries in France could take 2-3 weeks to fully restart aft…

Energy Transition

BlackRock Tells UK ‘No’ to Halting Investment in Coal, Oil and Gas

BlackRock, the world's biggest asset manager, told a British parliamentary committee that it will not stop investing in coal, oil and gas, and that its role was…

Natural Gas

EU Publishes Emergency Gas Cap Proposal

The European Commission outlined steps on Tuesday to battle ongoing high prices for natural gas.

Nuclear Reactor

EDF’s St. Laurent 1 Reactor Returns to Network After Shutdown

EDF's 900 megawatt (MW) Saint Laurent 1 reactor in central France has returned to the network, an EDF spokesperson said in an email to Reuters.

Oil Refinery

Guyana Opens Tender for Its First Oil Refinery

Guyana has called for proposals to design, finance and build a 30,000-barrel-per-day (bpd) oil refinery, the first for the South American country as it becomes …

Nuclear Power Plant

The Global Energy Crisis Is Contributing to a Nuclear Renaissance

Japan is considering extending a limit on the operation lifespan of nuclear plants.

Oil Field

Norway’s Equinor Considers Buying Chinese North Sea Oilfields

Reuters reported on Monday that Norway's Equinor ASA is considering buying oilfields in the British North Sea from China's CNOOC Ltd.

Solar Power Panel

Renewables Investment Outstrips Oil and Gas for First Time

Rystad Energy report finds that capital investments in renewables reached $494bn in 2022, compared to $446bn into oil and gas for the same period.

United States

Mexican President Outlines Renewable Energy Push Ahead of Kerry Visit

Mexican President Andres Manuel Lopez Obrador outlined goals to turn a northwestern agricultural state into a green energy center on Monday, ahead of a visit la…

Energy Saving

Nights in and Packed Lunches - Britons Seek Savings to Cover Energy Bills

Britons are spending more nights in, taking packed lunches to work and eschewing new clothes and treats to ensure they can cover rising energy bills this autumn…