Energy economy

Energy Investment
Canadian Banks Slammed for Continued Fossil Fuel Investments
Canadian banks are receiving backlash from investors for their continued investments in fossil fuels.
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…
Oil Field
Chinese Oil Giant Spends $1.9 Billion on 5% Stake of Huge Brazilian Oilfield
China’s oil and gas giant CNOOC has paid Brazil’s Petrobras $1.9 billion to buy 5% in the production sharing contract for the huge Buzios offshore oilfield, t…
Indonesia
Indonesia Bags $500m Loan for Energy Sector, Green Recovery
The loan was approved by the Asian Development Bank.
Net Zero Emission
ANZ Earmarks $67 Bln to Accelerate Net Zero Transition
Australia and New Zealand Banking Group Ltd said on Friday it had earmarked A$100 billion ($67.63 billion) to help its customers lower carbon emissions by 2030,…
Canada
Canada's Alberta Province Forecasts C$12.3 Bln Budget Surplus
Canada's main oil-producing province Alberta on Thursday forecast a C$12.3 billion ($9.2 billion) budget surplus for the 2022/23 fiscal year, but warned economi…
Spain
Spanish Windfall Tax on Banks, Energy Firms Clears First Hurdle
An amended windfall tax proposal for Spanish banks and large energy companies cleared its first hurdle in parliament in the early hours of Friday with the backi…
Nuclear Reactor
EDF Could Lose 5 Bln Euros from France's Windfall Tax -Les Echos
A planned French windfall tax on energy companies' profits during Europe's current energy crisis would likely cost debt-laden nuclear giant EDF around 5 billion…
Carbon Emissions
Volatilia, Uzbek Gov’t to Develop up over 400MW Renewables
It will be divided into solar, wind, and battery storage.
United Kingdom
UK’s Ofgem Says Household Energy Bills to Rise to Nearly $5,200/Year
British energy regulator Ofgem said its price cap for average household energy bills would rise by about 21% to 4,279 pounds ($5,170.74) a year from January to …
Ireland
Statkraft Signs 366MW Irish Power Play With Microsoft
Renewable power will come from three wind and three solar projects located across the country
United Kingdom
Dismantling Old North Sea Wells Could Cost £20BN
It is estimated around 2,100 wells in the North Sea will be decommissioned over the next decade
Israel’s Econergy Secures €250M Investment for Renewable Projects
The investment will be provided by RGREEN INVEST.
France
Markets Regulator Clears French Bid to Nationalise EDF Utility
French markets regulator AMF said on Tuesday it had cleared the French state's buyout bid, marking an important step in its plan to fully nationalise the loss-m…
Germany
German Finance Ministry Wants 33% Windfall Tax on Energy Firms - Die Welt
Germany's finance ministry aims to introduce a 33% tax on oil and gas companies that have benefited from windfall profits, Die Welt newspaper reported on Tuesda…

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Energy economy

Canadian Banks Slammed for Continued Fossil Fuel Investments

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

Chinese Oil Giant Spends $1.9 Billion on 5% Stake of Huge Brazilian Oilfield

Indonesia Bags $500m Loan for Energy Sector, Green Recovery

ANZ Earmarks $67 Bln to Accelerate Net Zero Transition

Canada's Alberta Province Forecasts C$12.3 Bln Budget Surplus

Spanish Windfall Tax on Banks, Energy Firms Clears First Hurdle

EDF Could Lose 5 Bln Euros from France's Windfall Tax -Les Echos

Volatilia, Uzbek Gov’t to Develop up over 400MW Renewables

UK’s Ofgem Says Household Energy Bills to Rise to Nearly $5,200/Year

Statkraft Signs 366MW Irish Power Play With Microsoft

Dismantling Old North Sea Wells Could Cost £20BN

Israel’s Econergy Secures €250M Investment for Renewable Projects

Markets Regulator Clears French Bid to Nationalise EDF Utility

German Finance Ministry Wants 33% Windfall Tax on Energy Firms - Die Welt