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Australia
Australia’s AGL Energy Names Board Member McKenzie as Chair
AGL Energy said on Monday board member Patricia McKenzie would replace Peter Botten as chair, as part of an overhaul after the power producer scrapped plans to …
Energy Transition
Oxford Group: Decarbonizing Energy Would Save $12 Trillion
A new study from business and environmental researchers at Oxford University disputes the notion that a strategy to transition global power generation toward re…
Germany
Germany to Subsidise Basic Level of Power for Homes, Businesses - Ministry Paper
Germany plans to subsidise a basic level of electricity usage for households and set aside cheaper power for small and medium-sized businesses, according to mea…
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
Germany
Germany Prepares for Possible Nationalisation of Gazprom Germania - Paper
The German government has set up a holding company to carry out a possible nationalisation of Gazprom Germania, the energy business abandoned by Russia's Gazpro…
RWE Acquires Polish Renewables Business With 3GW Solar Pipeline
German energy company RWE has acquired Polish solar developer Alpha Solar in a bid to strengthen its European renewables business.
United Kingdom
UK Energy Market Regulator Says Shell to Refund Overcharged Customers
Shell Plc's UK consumer gas, electricity and broadband operations business will pay 536,970 pounds ($635,181.81) to customers it has overcharged on its default …
Mexico
As Mexico Stalls Major Solar Projects, Companies Turn To Smaller Workarounds
With alternative energy projects stalled in Mexico due to controversial energy reforms, companies are increasingly turning to smaller-scale renewable options th…
LNG
Canada Exploring Feasibility of Direct LNG Exports to Europe -PM Trudeau
Canada is exploring ways to see if there is a business case to export liquefied natural gas (LNG) directly to Europe from its east coast, Prime Minister Justin …
LNG
U.S. Industrial Gas Producer Air Products Exits Russian Business
U.S. company Air Products and Chemicals, Inc. (APCI), the world's leading provider of technology for processing liquefied natural gas (LNG) and associated equip…
Carbon Pricing
How Companies Can Quantify the Benefits of Carbon Pricing
Fariyal Khanbabi, Dialight CEO, explains how energy businesses can quantify the benefits of carbon pricing and lower emissions for a net zero future
Natural Gas
Uniper Records $12BN Loss in First Half of 2022 Due to Gas Crisis
Uniper has reported a significant net loss in the first half of 2022 due in large part to the underperformance of its gas business.
Hydrogen Project
Equinor’s H2H Saltend Selected to Proceed as One of the First Large-Scale Hydrogen Projects in the UK
Department for Business, Energy, and Industrial Strategy (BEIS) announced that Equinor’s Hydrogen to Humber Saltend (H2H Saltend) production facility has been …
Vestas Sells Converters and Controls Business to KK Wind Solutions
Vestas continuously looks for partners that can support its strategic focus on its core business and help scale renewables efficiently in the long-term.
CCS
Oil Major BP Drilling Appraisal Well in Texas for Carbon Sequestration
Oil major BP has begun drilling an appraisal well in Texas for its U.S. carbon capture and sequestration business, an executive said on Monday.
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