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Hydrogen Project
Japan's Osaka Gas Backs $11 Billion Green Hydrogen Project in Australia
Osaka Gas Co Ltd said on Tuesday it will provide technical support for a $10.75 billion green hydrogen project in the Australian outback and will consider poten…
Electric Car
Japanese Car Giant Honda Targets EV Expansion, Earmarks Billions for R&D
Honda plans to invest around 5 trillion yen ($39.9 billion) in electrification and software technologies over the next 10 years, with the Japanese automotive gi…
Adani Group Gets US$2 Billion in Green Investments
Three Adani portfolio companies, Adani Green Energy, Adani Transmission, and Adani Enterprises, will get US$2b (INR15,400 Cr) in green investments from the Inte…
CNOOC
China's CNOOC to Raise up to $5.08 Billion From Share Issue
Chinese oil giant CNOOC Ltd said on Monday it will raise between 28.08 billion yuan and 32.29 billion yuan ($4.41 billion to $5.08 billion) by issuing new share…
Hydrogen Production
Hydrogen Market Needs $600bn Investment by 2050
For green hydrogen to be a success, $600 billion (£458.9bn) of investment in the market by 2050 will be necessary.
United Kingdom
Ithaca Energy Gains Access to Two of the Largest Undeveloped Discoveries in UK North Sea
North Sea-focused Ithaca Energy has reached an agreement to acquire Siccar Point Energy for a price tag of nearly $1.5 billion. This is Ithaca’s second expansi…
Carbon Emissions
EU to Fund Bulgaria’s €6.3bn Recovery Plan
The European Commission has approved Bulgaria’s latest recovery and resilience plan, providing €6.3 billion in grants.
Hydrogen Project
Global Low-Carbon Hydrogen Market 'Needs $600 Billion of Investment by 2050'
An investment of about $600 billion in low-carbon hydrogen will be required by 2050 to meet rising demand as the world focuses on cutting emissions to limit glo…
Oil Price
Shell Raises Russia Writedown to as Much as $5 Billion
Shell will write down up to $5 billion following its decision to exit Russia, more than previously disclosed, while soaring oil and gas prices boosted trading a…
Hydrogen Production
Who Will Win the Low-Carbon Hydrogen Race?
The global low-carbon hydrogen market will require $600 billion in investment, along with policy support, to meet expected exponential demand by 2050, according…
Oil Shale
China's Major Shale Gas Field Records Output Growth in Q1
The Fuling shale gas field in southwest China's Chongqing Municipality produced over 1.8 billion cubic meters of natural gas in the first quarter of 2022, up 1.…
Nord Stream 2
Nord Stream 2 Cost $11 Billion to Build. Now, the Russia-Europe Gas Pipeline Is Unused and Abandoned
One of the early casualties of Russia’s invasion of Ukraine has been the Nord Stream 2 gas pipeline, a massive energy project that took several years to build …
Wind Turbine
Green Power Generation in Germany Rises Almost 25% in Q1
The generation of renewable electricity in Germany grew by nearly 25% to about 74.5 billion kWh in the first quarter of 2022 driven mainly by favourable weather…
Electric Vehicle Charging
BP Pulse to Invest $1.2 Billion into UK Electric Vehicle Charging
bp pulse, bp’s EV charging business, announced a £1 billion ($1.2 billion) investment into EV charging in the UK, which will be unfurled over the next decade.…
Offshore Wind Power
UK Faces 60 Billion STG Wind Bill and Rising Energy Import Dependence Risk
Some 60 billion pounds is required if Britain is to achieve its goal of quadrupling its offshore wind power capacity to 40 gigawatts by 2030.
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