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Net Zero Emission
Bp to Invest £18 Billion in UK Energy System by 2030
bp intends to invest up to £18 billion in the UK’s energy system by the end of 2030, demonstrating bp’s firm commitment to the UK, and helping the country to…
LNG
TotalEnergies Books $4.1 Billion Impairment Charge on Arctic LNG 2 Exit
French TotalEnergies will include a $4.1-million impairment on its balance sheet over Russia sanctions that have led to difficulties with its massive Arctic LNG…
Carbon Emissions
Canada Oil Industry Needs $51 Billion to Decarbonize
Canada’s oil sands producers would need investments amounting to some US$51 billion (C$65 billion) to be able to reduce its emissions footprint while increas…
Oman
H2 Industries to Develop $1.4Billion Waste-To-Hydrogen Plant in Oman
The 200,000-square-metre centre will initially convert up to 1 million tonnes of municipal solid waste each year.
Natural Gas
Germany's New Gas Storage Law - How Will It Work?
A bill to guarantee minimum gas storage levels in Germany, whose underground facilities account for a quarter of the EU bloc's total capacity, will kick in from…
CNOOC
China’s Largest Producer of Offshore Oil & Gas Moves to Make Full Use of Domestic and Overseas Financing Channels
Aiming to make full use of domestic and overseas financing channels, Chinese oil and gas giant CNOOC Limited has launched an initial public offering (IPO) on Sh…
Carbon Emissions
U.S. to Grant $6.4 Billion Funding for Projects to Reduce Carbon Emissions
The U.S. Transportation Department said on Thursday it would award $6.4 billion over five years to states to fund projects to reduce greenhouse gas emissions.
Ammonia
Suez Canal Economic Zone Signs $3Billion Green Energy Deal
Agreement with a consortium including French company EDF Renewables will lead to nearly 350,000 tonnes of green fuel being produced annually for ships passing t…
Nuclear Power Plant
Biden Admin Launches $6 Billion Nuclear Power Credit Program
The Biden administration on Tuesday opened applications for a $6 billion program to help nuclear power plants struggling with rising costs as it seeks to stop t…
Natural Gas
Natural Gas Demand to Slip in 2022 Amidst Russia-Ukraine Conflict: IEA
The downward forecast is equivalent to 50 billion cubic meters of LNG.
Solar Power Plant
Top Google Exec Backs $1.3 Billion Investment in New Zealand Solar Power
A top Google executive is among investors backing a $1.3 billion planned investment in solar power in New Zealand.
Nuclear Power Plant
U.S. Is Set to Launch a $6 Billion Effort to Save Nuclear Plants
The Energy Department is expected to provide details on a $6 billion program aimed at keeping uneconomical nuclear plants in service.
Electric Car
Honda to Put Billions into EV Research
Honda is investing $40 billion over the next decade in research, especially to realize a major shift to ecological electric vehicles, the Japanese automaker sai…
LNG
Germany to Move away From Russian Gas
Germany has released nearly EUR3 billion to acquire floating liquefied natural gas (LNG) import terminals, the Finance Ministry said on Friday, as it seeks to m…
Hydropower Plant
New York Regulator Clears $4.5B Canadian Hydropower Project to Supply NYC
New York regulator approved a $4.5 billion transmission line that will deliver Canadian hydropower to New York City.
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