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Offshore Wind Power
ScottishPower and Shell Confirm Offshore Wind Funding
ScotWind partners ScottishPower and Shell are set to invest a total of £75 million to help the supply chain and businesses support the growth of the offshore w…
Electric Car
Ford Plans Seven Electric Models in Europe by 2024
Ford has created a new global business unit – Ford Model e – focused on the design, production, and distribution of electric and connected vehiclesAutomotive …
Energy Transition
Eni Sells 49% of Its Business Enipower
Oil and gas company Eni has announced it has agreed to sell a 49% stake in its power generation business unit Enipower.
Offshore Wind Power
GE Exec Expects Rebound for Renewables
The leader of General Electric’s (GE’s) global energy business said the company expects its power and renewable energy units should be profitable in 2023, and…
United Kingdom
UK Steel Firms Suspend Imports of Russian Coal
Tata Steel UK (Tata) and British Steel have both suspended imports of Russian coal, according to The Mail on Sunday.The decision follows sustained pressure from…
Oil Price
Petrol Prices to ‘Keep Climbing’
Sky News business reporter Edward Boyd says US inflation has hit a 40 year high, with fuel prices up 38 per cent.
Crude Oil
US Shale Investors Worry over Impact of Output Jump
US shale oil investors are concerned that quickly ramping up production to capture soaring crude prices could upset confidence in the steady growth business mod…
Energy Transition
Post-Merger with Aker BP, Lundin Energy Leaving Behind Oil & Gas Business to Focus on Renewables
Following the completion of the merger of Aker BP’s and Lundin Energy’s E&P businesses, the latter will remain with renewable energy assets, focusing on creat…
Electric Car
Why Ford’s Big EV Split Decision May Get Even Bigger in the Future
Ford’s move says the EV business, while promising, isn’t ready for independence, and some on Wall Street agree.
Rooftop PV System
Italy Speeds up Permits for Solar up to 200kW, Allocates €267 Million for Rebates
The Italian authorities have introduced new provisions in the DL Energia decree to reduce energy bills for households and businesses.
Floating Offshore Wind
Ocean Winds, Aker Offshore Wind Secure 1.2 GW Floating Capacity in South Korea
Korea Floating Wind (KF Wind), a joint venture between Ocean Winds and Aker Offshore Wind, has secured an Electric Business License from South Korea’s Ministry…
Coal Price
Coal Prices Spike as Russia-Ukraine Crisis Escalates
The Russia-Ukraine crisis has shocked the coal and the broader energy markets, with spikes in Newcastle prices observed in recent days, says Wood Mackenzie, a V…
Solar Power Panel
Solar PPA Business on the Rise in Japan
Sumitomo, Sunseap and Shikoku Electric are partnering to offer bilateral PPAs to big power consumers in Japan. The consortium will operate through a dedicated j…
Electric Car
Ford Announces New Plans to Strengthen Operation and Scale EVs
Ford is continuing to transform its global business by accelerating the development and scaling of breakthrough electric connected vehicles.
Crude Oil
Russia’s Oil Exports Are Plunging Even Without Sanctions
While Western leaders are yet to put any sanctions on Russia’s energy exports, the country’s oil industry is already struggling as international refiners are …
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