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Oil Price
Oil Rises on Market Caution Over Tight Supply
Oil prices rose 1% on Tuesday, clawing back more of last week's losses as investors focused on tight supplies of crude and fuel products rather than concerns ab…
Belgium
People Rally in Belgium to Protest Soaring Cost of Fuel, Food
More than 70,000 people rallied in Belgium’s capital Brussels on Monday in a protest against the soaring cost of guel and food.
Solar Power Panel
US Startup Launches Mobile Renewable Nanogrid
The modular nanogrid, essentially containerised technology, is comprised of retractable solar PV, green hydrogen production and storage, fuel cells and battery …
Russian Federation
Enel Offloads Its Russian Assets for €137M
The company is forecasting a hit of approximately €1.3 billion on net income.
Ireland
Ireland’s Energy Poverty Breaks New Record
The number of fuel poor households surpassed that recorded 28 years ago, according to a report.
EU
Europe Needs 14GW/Year of Energy Storage – Ease
The European Association for Storage of Energy (EASE) assesses Europe’s storage needs around 200GW by 2030 and 600GW by 2050.
CCS
Shell to Build Ships to Carry More CO2 Over Longer Distances for CCS Hubs
Shell is building larger vessels that can carry more carbon dioxide over longer distances as part of the company's plans to expand its carbon capture storage (C…
Hydrogen Production
Howden Supplies Hydrogen Compressors to European Energy
Howden's hydrogen compression solution aims to power the world’s first container vessel operating on carbon neutral fuel.
Hydropower Plant
Managing Hydropower Plants From a Smartphone
Technology company Voith, together with digital specialist Ray Sono, has developed a solution to manage hydropower assets from a smartphone.
Wind Farm
Octopus Energy Got Attracted to German Winds
The British energy supplier has invested in a 35MW onshore wind farm in Hessen, near Frankfurt
Net Zero Emission
Google and Unilever Among Firms Testing New Framework for Carbon Credit Claims
A provisional code of practice that aims to "bring integrity to corporate claims made about voluntary use of carbon credits" is to be road-tested by a host of l…
Which Businesses Are the Worst Hit by Soaring Energy Prices?
Aviation, shipping and chemical industries will be the first to be hit hard by the soaring energy prices.
Oil & Gas Supply
Exxon Passes $100 Mark for First Time Since 2014
ExxonMobil stock saw a more than 2% boost in share prices on early Wednesday trading, marking a significant comeback for an oil giant that has recently fallen o…
Oil Price
Biden’s Trip to Saudi Arabia Won’t Solve the Oil Market’s Problems
Some observers expressed hope that a trip by President Biden to Saudi Arabia could spark more production and bring prices down.
Net Zero Emission
More Than 40 Asset Managers Circle 2050 Net Zero Target
These companies manage assets worth $16tn.
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