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Dec
Natural Gas
German Govt Postpones Decision on Gas Price Brake
The German government is postponing its decision on a gas and electricity price brake that had been planned for Friday, said a government spokesperson.
Industry Decarbonisation Alliance Identifies Six Priorities
The six pillars include renewables, and green energy, amongst others.
Net Zero Emission
New Action Plan Comes Into the Limelight to Accelerate Decarbonisation
With COP27 in full swing, governments have set out an action plan to make clean technologies cheaper and more accessible in a bid to scale up decarbonisation ef…
Carbon Emissions
COP27: Biden Says US Will Meet 2030 Emissions Targets
During his speech at the climate summit, he said the government has put its money where its mouth is on climate change.
Crude Oil
Saudi Arabia to Deliver Full Oil Volumes to Asia Despite Production Cut
Saudi Arabia’s state oil company has assured several buyers in Asia it will deliver full contracted volumes in December despite the OPEC+ decision to cut produ…
Paris Climate Agreement
BHP Shareholders Vote Against Resolution to Lobby Australian Government on Climate
BHP Group shareholders voted against a resolution calling on the mining giant to lobby the Australian government on its climate change policy at its annual gene…
Net Zero Emission
France to Bankroll Development of Zero-Emission Ships With €300 Mln, Backed by $200 Mln From CMA CGM
France plans to assign € 300 million in public funding to help catalyze the decarbonization of its shipping sector and the development of zero-emission vessels…
Australia
Australian Government Expands ARENA 2022-23 Federal Budget
This will include A$146.1m for the decarbonisation of the road transport sector.
Hydrogen Technology
Shell and GE Gas Power Pursue LNG Decarbonisation Path Using Hydrogen
GE Gas Power and Shell Global Solutions have signed a development agreement to pursue potential pathways to reduce the carbon intensity of Shell’s liquefied n…
Carbon Pricing
IMF Chief Says $75/Ton Carbon Price Needed by 2030
The price of carbon needs to average at least $75 a ton globally by the end of the decade for global climate goals to succeed.
EU
EU Commission Offers €3bn for Innovative Cleantech Projects
It has launched the third call for projects under the EU Innovation Fund, covering topics including decarbonisation, innovative electrification in industry and …
United States
U.S. Construction Costs Drop for Solar, Rise for Wind and Natural Gas Generators
Construction costs for solar photovoltaic systems continued to decrease in the United States in 2020
Oil Price
Saudi Arabia Cuts Oil Prices for Asia
Saudi Arabia has lowered its official selling prices for oil for all its Asian clients, with the flagship Arab Light for December delivery now priced $0.40 lowe…
Hydrogen Production
Centrica and Equinor Partner on East Yorkshire Green Hydrogen Hub
Centrica and Equinor have agreed to explore developing a low-carbon hydrogen production hub at Easington in East Yorkshire, UK, to further decarbonise the carbo…
Crude Oil
UAE Believes the Oil Industry Is in “Decline Mode”
Crude oil is in “decline mode” in the long term, OPEC heavyweight the United Arab Emirates (UAE) says.
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