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Australia
Australian Tech Billionaire to Chair $20 Billion Solar Power Export Project
Australian software mogul Mike Cannon-Brookes was named chairman of clean energy start-up Sun Cable
Oil&Gas Drilling
‘New North Sea Oil and Gas Projects at Odds with UK Climate Goals’
New oil and gas fields cannot alleviate the financial pressure caused by rising energy bills, according to a report
Natural Gas
UK Energy Bills Rise to Record High as Fuel Poverty Fears Grow
Gas prices will go from 7p to 10p per kilowatt hour under new guarantee
Natural Gas
Europe's Crisis Measures to Tackle Energy Price Spike
European Union countries on Friday approved a package of emergency measures aimed at pulling down surging gas and power prices that are stoking inflation, hampe…
Natural Gas
German Gas Price Brake to Cost Between 15 Bln and 24 Bln Euros
A brake on gas prices currently being discussed by the German government could cost between 15 billion and 24 billion euros, depending on market price developme…
Oil Pipeline
Canada’s Enbridge to Sell Oil Pipelines Stake to Indigenous Groups for C$1.12 Bln
Canada's Enbridge Inc will sell a C$1.12 billion minority stake in seven Alberta oil pipelines to a group of Indigenous communities, in North America's largest …
Solar Mini Grids Could Power Half a Billion People by 2030, World Bank Says
Providing electricity to 490 million people will require constructing more than 217,000 mini grids at a cost of $127bn
Net Zero Emission
Australian State Unveils $40 Bln Clean Energy Plan to Slash Reliance on Coal
One of Australia's top coal-producing states said it will convert its coal-fired power plants to renewable hubs by 2035 under a A$62 billion clean energy plan u…
France
French Grid Operator RTE to Return More Than 1 Bln Euros to Clients
France's power grid operator RTE said it intended to return more than 1 billion euros ($961 million) to its clients at the start of 2023, a total matching this …
EU
EU Countries Eye Delay to Levy on Fossil Fuel Windfall Profits - Document
European Union countries are considering an option to delay by a year a levy on the windfall profits of fossil fuel companies, as they hunt for a deal on emerge…
Oil Price
Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol
The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s…
Hydrogen Project
EU Approves up to $5.2 Billion in Public Funding for Hydrogen Projects
Hydrogen has a diverse range of applications and can be deployed in a wide range of industries.
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 …
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 Project
EU Gives Green Light for $5.2 Bln in State Aid for Hydrogen Development
The European Commission on Wednesday said it has approved 5.2 billion euros in public funding by 13 EU member states aimed at boosting the supply of renewable a…
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