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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.…
Nuclear Reactor
Most Japanese Back Nuclear Power for First Time Since Fukushima
For the first time in more than a decade, a narrow majority of Japanese now support restarting idled nuclear reactors.
Crude Oil
China's Sinopec Plans Its Biggest Capital Expenditure in History
China Petroleum & Chemical Corp, better known as Sinopec, is planning its highest capital investment in history for 2022 after recording its best profit in a de…
Oil Price
Sinopec's 2021 Profit More Than Doubled on Higher Oil Prices, Sales
China Petroleum & Chemical Corp.'s 2021 net profit more than doubled to its best level in nearly a decade on higher prices and demand for petroleum products.
Shell to Invest up to £25 Billion in UK Energy System over Next Decade
Shell has announced it will invest up to £25 billion in the UK energy system in the coming years.
Offshore Wind Power
BP Establishes Partnership Focused on Offshore Wind in Japan
BP has agreed to establish a strategic partnership with Japanese conglomerate Marubeni that will focus on offshore wind development and potentially look at “ot…
China
China's Annual Energy Production Capacity to Be 4.6 Bn MT Coal by 2025
China recently decided to raise its annual comprehensive energy production capacity to over 4.6 billion metric tonnes of standard coal by 2025.
Hydrogen Production
Green Hydrogen to Decarbonise Europe’s Largest Steelmaking Site
Thyssenkrupp Steel and STEAG have agreed on the delivery of hydrogen from STEAG’s Duisburg-Walsum site to thyssenkrupp Steel in Duisburg, Germany.
Nuclear Reactor
Belgium Pushes Nuclear Exit back a Decade due to Ukraine Crisis
Belgium has delayed its decision to cut nuclear energy by 10 years due to the rise in energy prices from the Russian invasion of Ukraine.
Wind Farm
ESB to Decommission 70-Turbine Wind Farm
Irish state-owned electricity company ESB has confirmed it will decommission a wind farm in Ireland after failing to secure a new permit for the project.
Energy Transition
Decarbonisation More Cost Effective than Polluting Alternatives in Central America
An IRENA analysis shows the Central American region can pursue a more ambitious energy transition agenda, achieving cost benefits while serving socio-economic a…
Oil & Gas Supply
IEA Unveils 10-Point Plan to Cut Oil Supply Crunch
The new report also includes recommendations for decisions to be taken now by governments and citizens to transition from the short-term emergency actions inclu…
Natural Gas
Gas Prices Decline Around Nation Amid Falling Oil Prices
Gas prices have declined amid falling oil prices after climbing to new all-time record levels in New Jersey and around the nation in the wake of Russia’s invas…
Nuclear Power Plant
Belgium Delays Nuclear Energy Exit 10 Years Due to Ukraine War
Belgium on Friday delayed by a decade a plan to scrap nuclear energy in 2025, spooked by the huge rise in energy prices due to the Russian invasion of Ukraine.
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