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Energy Transition
British Energy Giant Bp to Buy Biogas Producer Archaea in $4.1bn Deal
Archaea Energy operates 50 renewable natural gas and landfill gas-to-energy facilities across the US, producing around 6,000 barrels of oil equivalent a day of …
Oil Price
BP Looking at Billions in Buybacks for Q4
British oil and gas supermajor BP Plc. has announced plans to buy back $2.5 billion in shares after an impressive third quarter.
Offshore Wind Power
Japan's TEPCO Renewable to Buy British Offshore Wind Power Firm
TEPCO Renewable Power, a unit of Tokyo Electric Power Company Holdings, said on Wednesday it will buy 100% stake in Flotation Energy, a British floating offshor…
Electric Vehicle Charging
UK Councils Set to Double EV Charging Capacity – British Gas
UK councils are set to install more than 16,500 electric vehicle (EV) charging points over the next 12 months.
The Hydrogen Council Welcomes Four New Members
The Hydrogen Council has announced that four new leading companies have joined the global CEO-led initiative to advance the role for hydrogen in the energy tran…
Octopus Energy to Take Over Struggling Competitor Bulb Energy
Octopus Energy Group is taking on state-run Bulb Energy’s 1.5 million customers after securing approval from the British Government.
Energy Transition
Innovative Floating Hybrid Renewable Energy System
A Memorandum of Understanding (MOU) has been signed by Keppel Infrastructure through its applied technology innovation division KepInfra Energy Transition Centr…
Electric Car
Ford to Stop Fiesta and Push for EVs
The automaker is bringing an end to the sale of the UK’s most popular car
Wind Farm
UK Wind Farms Smash Electricity Generation Record
Official data shows that wind farms provided more than half of Britain’s electricity on Wednesday.
Electric Car
Inside the World’s First Affordable Solar-Powered Electric Vehicle: The $25,000 Sono Motors Sion
Germany company Sono Motors says it will bring a solar-powered electric vehicle to market in Europe in mid-2023. Sono has brought the car, called the Sion, on a…
Guyana
Exxon Makes More Oil and Gas Discoveries Offshore Guyana
U.S. oil and gas major Exxon Mobil has announced on Wednesday that it has made two more discoveries at the Sailfin-1 and Yarrow-1 wells in the Stabroek block of…
Britain’s Lightsource BP Races to Hook Solar Farms to Batteries
Lightsource BP aims to rapidly grow battery capacity at its solar farms around the world to reach 4 gigawatts (GW) by 2025 in order to store and supply power at…
United Kingdom
UK Launches ‘First’ Injection of Hydrogen Into Gas-Fired Power Station
Hydrogen will be injected into Centrica’s peaking plant at Brigg, Lincolnshire.
Oil Price
Goldman: U.S. SPR Crude Releases to Have Modest Price Influence
The Biden administration's plan to continue releasing the Strategic Petroleum Reserves (SPR) "as appropriate" to bring down retail rates poses limited downside …
LNG
World’s First Emissions-Reducing Integrated Hybrid Drive System for an LNG Plant
Northeast Energy Center (NEC) and Chart Energy & Chemicals selected Siemens Energy to supply a gas/electric hybrid drive system for NEC’s LNG plant being bui…
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