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Natural Gas
Germany Takes Over Uniper, Raising Rescue Bill to $29 Bln
Germany confirms nationalisation of gas importer Uniper.
Natural Gas
Australia Court Scraps Drilling Permit for Santos’ $3.6 Bln Barossa Gas Project
Australia's Federal Court on Wednesday ruled in favour of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in…
Nuclear Power Plant
France Prepares to Nationalize Its Struggling Nuclear Industry
The French government already owns 84% of Électricité de France, but it is now planning to fully nationalize the company just as the company warns of a huge 2…
Energy Transition
UN Secretary-General Calls for a Fossil Fuels Intervention
The fossil fuel industry is "feasting" on billions in subsidies and windfall profits as "our planet burns," UN Secretary-General Antonio Guterres said on Tuesda…
Wind Turbine
Global Wind Turbine Order Intake Breaks Record in Q2
Strong activity in China pushed global wind turbine order intake to a new record of 43GW in quarter two of 2022 and up 36% from year-ago levels. This equates to…
Carbon Emissions
Swiss Could Hit CO2 Target With $156 Billion Package-Study
Switzerland could hit the target of halving carbon emissions by 2030 via a package of measures that would cost around 150 billion Swiss francs
Carbon Emissions
U.S. Farm Agency to Triple Investment in Climate-Friendly Farming
The U.S. Department of Agriculture will invest nearly $3 billion in projects to reduce climate-harming emissions from farming and forestry, tripling the funding…
Solar Materials
Jinkosolar Signs Two Polysilicon Supply Contracts in a Month Totalling Nearly Us$30 Billion
JinkoSolar has signed a major polysilicon supply contract worth more than RMB103.3 billion (US$14.9 billion).
Hydrogen Project
Billionaire Forrest Launches 9GW Renewables-Fuelled Hydrogen Megaproject in Egypt
North African nation is on track to 'global powerhouse' for generation of green fuels, says Fortescue Future Industries chief at meeting with Egyptian president…
Energy Transition
Egypt Climate Champion Calls for New Metric on Climate Finance
Developing country climate financing needs should start being reframed at the U.N. climate summit in November, in order to move beyond the outdated – and unful…
Electric Car
Factbox: U.S. Climate Package Jump-Starts EV, Clean Energy Projects
U.S. President Joe Biden's signing of the Infrastructure Reduction Act (IRA) on Aug. 16 unlocked hundreds of billions of dollars in climate-related investments.…
Oil Price
What Will Be Inside UK’s Energy Bill Package for Households and Businesses?
Britain’s new Deputy Prime Minister has confirmed that details of the government’s support will be revealed later this week
Natural Gas
Exxon and Shell Look To Sell $1.5 Billion Natural Gas Venture
Supermajors ExxonMobil and Shell are looking to sell their 50/50 NAM natural gas producing joint venture in the Netherlands in a potential sale worth up to $1.5…
Energy Transition
Transport Group CMA CGM Launches $1.5 Bln Energy Fund
French transport giant CMA CGM is creating a five-year investment fund of 1.5 billion euros ($1.5 billion) aimed at accelerating its energy transition in shippi…
Oil Price
Will Germany Introduce a Windfall Tax on Energy Firms?
As rising energy prices and a new gas levy in Germany are expected to triple fuel bills for consumers from autumn, pressure is mounting on the government to int…
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