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Oil Price

Volkswagen Warns: High Gas Prices Could Impact Car Production

Germany's Volkswagen AG warned on Thursday that global auto production will be at risk in 2023 if Russia fails to resume deliveries of natural gas through Nord …

Power Construction

Mytilineos Completes First Phase of 650MW Power Plant in Libya

Greek energy company Mytilineos has completed the first stage of construction for a power plant in Tobruk, Libya, with 185MW having already been distributed to …

Distributed Grid

Dutch DSOs Make Bold Moves to Tackle Grid Bottlenecks

Holland’s grid is at capacity. Bottlenecks have been appearing in Dutch cities and to expand grid capacity Liander and Stedin – two DSOs – have announced dif…

United States

U.S. Senate Votes to Amend Global Treaty to Curb Climate-Warming Gas

The U.S. Senate on Wednesday voted 69-27 to ratify an amendment to the Montreal Protocol that would cut the use of hydrofluorocarbons (HFCs), a major greenhouse…

Carbon Neutral

Japan Starts Carbon Credit Trading Trial at Tse

Japan started trial trading of carbon credits on Thursday at the Tokyo Stock Exchange (TSE) as the world's fifth-largest carbon emitter aims to create a nationw…

Thermal Coal

HSBC Fund Arm Toughens Thermal Coal Policy to Curb Climate Change

HSBC Holdings Plc told Reuters on Thursday it will stop financing the expansion of thermal coal from funds it manages actively with immediate effect, marking an…

Australia

South Australia’s First Solar Digital Mining Centre

South Australia’s first solar digital mining centre is officially up and running in the seaport city of Whyalla.

Wave Energy

NREL Granted Patent for Marine Renewable Energy Technology

Scientists with the National Renewable Energy Laboratory have received a patent for a fledgling technology domain – distributed embedded energy converter techn…

Carbon Emissions

Paris and New York Join Climate Litigation Against TotalEnergies

The cities of Paris and New York have joined a coalition of associations and local authorities that are suing oil major TotalEnergies for failing to adequately …

Natural Gas

Greece Extends Energy Bill Subsidies Ahead of ‘Winter Battle’

Greece will pay out a further 1.1 billion euros in power bill subsidies in October to shield households and businesses from the impact of soaring energy prices …

Offshore Wind Power

Portugal Ups Debut Offshore Wind Auction Target to 10 GW

Portugal has raised the target for its debut offshore wind power auction to 10 gigawatts (GW).

Oil Refinery

Strike Action Hits Exxon Mobil’s Oil and Petrochemical Plants in France

Strike action has reduced output at Exxon Mobil's 240,000 barrel per day (bpd) Port Jerome-Gravenchon oil refinery and Notre Dame de Gravenchon (NDG) petrochemi…

United Kingdom

Cost of UK Support to Cap Energy Bills to Be Set Out on Friday

Britain's government will set out on Friday the cost of capping energy prices for households and businesses over the next few months.

Hydrogen Production

South Korean Firms to Set up Green Energy Hub in Australia

Three major South Korean groups said on Wednesday they hope to build a green energy export hub in Australia's Queensland state, aiming to produce a million tonn…

Natural Gas

Shorter Showers, Slower Driving and an Eiffel Tower Blackout: How Europe Plans to Cut Gas Usage This Winter

From cutting down on showering time to 5 minutes, fining shopkeepers for not closing their doors and driving slower, Europe is embarking on a goal to reduce gas…