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Australia
The Billionaire Attempting to Kill Australia’s Coal Industry
In all of the Paris Climate Agreement scenarios that could feasibly keep the world from heating by more than 1.5 degrees Celsius over pre-industrial averages, c…
LNG
Italy Halts Funding for $21 Billion Arctic LNG 2 Project
Italy has halted its share of the financing for the Arctic LNG 2 project, as Western companies and countries continue to sell their stakes in Russian energy pro…
Wind Farm
Legislation Would Bring Standardized Regulation to Wind Farms
Thompson, (R-Shawnee), introduced Senate Bill 353 – similar to last session’s SB279 – which would impose statewide regulations on new wind developments.
Chevron Is Buying Renewable Energy Group for $3.15 Billion
Chevron will buy the biofuels company Renewable Energy Group for $3.15 billion, the companies announced on Feb. 28.
Oil & Gas Trade
BP to Exit its 20% Stake in Russian Oil Giant Rosneft
BP Plc will exit its shareholding in Russia’s largest oil company Rosneft PJSC, potentially taking a financial hit of as much as $25 billion.
Electricity Transmission
Xinjiang's Electricity Transmission Volume Tops 500B kWh
Xinjiang Uygur Autonomous Region in northwest China has transmitted a total of 503.7 billion kWh of locally-generated electricity to other parts of the country …
Australian Mining Billionaire to Invest $2.2 Bln in Renewable Energy Project
Australian iron ore magnate Andrew Forrest, who's been betting big on a global green revolution, said on Sunday he was investing A$3 billion ($2.2 billion) in r…
Offshore Wind Power
U.S. Offshore Wind Auction Draws Record $4.37 Bln in Bids
The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from deve…
Oil Price
Prolonged Ukraine Crisis, High Crude Prices may Push India's Import Bill up by 15 Per Cent: Experts
The surge in Brent oil to USD 105 a barrel for the first time since 2014 driven by the escalation of the Ukraine crisis has triggered fears of a disruption to t…
Net Zero Emission
Are Europe's Leading Banks Flouting Net-Zero Pledges?
Scores of Europe's leading banks have been accused of continuing to flout advice from climate scientists and economists by pumping tens of billions of dollars i…
Natural Gas
Israel to Increase Natural Gas Export to Egypt through Jordan Pipeline
Israel will begin exporting an additional 2.5 billion cubic meters of gas to Egypt this month via the Jordan pipeline.
Coal Mine
Coal Will Exit Australia’s Power Market Despite AGL’s Recalcitrance
The bid by a green billionaire to buy Australia’s most polluting company may have stumbled at the first hurdle, but it’s likely the race is far from over.
Floating Offshore Wind
Dutch Firm Planning Two Floating Wind Farms off Belfast Coastline in £3bn Investment
A DUTCH marine engineering specialist wants to develop two offshore floating wind farms just a few miles off the Belfast coastline in what is potentially a £3 …
Hydrogen Technology
First Hydrogen Train in Japan to Hit the Rails for Test Run
The two car “Hybari” train -- a combination of hybrid and the Japanese word for a lark -- cost about 4 billion yen ($35 million) to develop and can travel up …
Australia
Coal Will Exit Australia's Power Market Despite AGL's Recalcitrance
The bid by a green billionaire to buy Australia's most polluting company may have stumbled at the first hurdle, but it's likely the race is far from over.
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