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Business
‘Energy Efficiency is Good for Business’ – ABB
A survey commissioned by ABB shows that 54% of companies are already investing in energy efficiency and 90% will increase spend over the next five years.
United Kingdom
UK Asks North Sea Oil and Gas Sector to Set out Plan to Reinvest Profits
Business minister Kwasi Kwarteng has written to the North Sea oil and gas industry asking it to set out a clear plan to reinvest its profits into British energy…
Russian Federation
Exxon Could Withdraw Completely From Russia Within Two Months
U.S. supermajor ExxonMobil plans to shut down all its businesses in Russia by June 24.
Electric Car
Gridserve’s Compact Electric Forecourt to Transform Norwich’s EV Charging
Gridserve, a tech-enabled sustainable business that runs the Gridserve electric highway, has opened the first compact electric forecourt in Norwich, England, UK…
Crude Oil
German Industry Fears Immediate Russian Gas Ban
As Europe continues to consider a ban on Russian energy exports, German business and unions are joining forces in opposition.
LNG
Japan's JERA Weighs Expanding LNG Business to China
Japanese energy group JERA, one of the world's biggest importers of liquefied natural gas, has taken a step toward a possible expansion of its LNG business to C…
Rooftop PV System
Centrica and Push Energy Advance UK’s Grid-Scale Solar Pipeline
Energy solutions firm Centrica Business Solutions has signed an agreement with renewable energy developer Push Energy, to build a pipeline of solar farm project…
CCS
World’s Biggest Carbon Capture Project: Shute Creek’s “Sell or Vent” Business Model Isn’t Working
Delving into the world’s largest carbon capture project, ExxonMobil’s Shute Creek CCUS facility, reveals a highly questionable technology.
Hydrogen Project
Kent and CGG Join for Carbon Capture and Hydrogen Projects
Oil and gas company Kent and technology business CGG have joined forces to develop carbon capture and hydrogen technologies.
Offshore Wind Power
UK Green Lights East Anglia Offshore Wind Projects
The UK’s Secretary of State for Business, Energy and Industrial Strategy, Kwasi Kwarteng, has granted development consent for the East Anglia ONE North and Eas…
Offshore Wind Power
Norway Setting Strategy for Offshore Wind
Offshore wind is big business in the North Sea, with dozens of wind power installations commissioned in the region over the past two decades.
Hydrogen Project
McDermott’s CB&I to Build Spheres for Green Hydrogen Production Facility
McDermott’s storage business, CB&I, will design and build two 500 000 gal. double-wall liquid hydrogen spheres for Plug Power Inc.’s new green hydrogen produc…
Offshore Wind Power
UK Looks to Triple Solar and More than Quadruple Offshore Wind Power
The UK’s Department for Business, Energy and Industrial Strategy is set to soon unveil targets to triple solar power capacity, quadruple offshore wind installa…
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.…
South Africa
Competitive Market for Electricity Generation Part of SA Reconstruction and Recovery Plan
As South Africa continues along the path of reconstruction and recovery, President Cyril Ramaphosa has called on investors, entrepreneurs and business people to…
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