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Natural Gas
Germany Edges Closer to Nationalisation of Ailing Gas Importer Uniper
Uniper, government weighing bailout options
Offshore Wind Power
Iberdrola Sells 49% Of Wikinger Offshore Wind Farm to EIP
Iberdrola has signed an agreement with Energy Infrastructure Partners (EIP) for the sale of a 49% stake in Wikinger offshore wind farm in Germany.
Natural Gas
EU to Propose Crisis Measures to Curb Energy Price Spike
The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc. …
Wind Power Project
SA Government Doubles Wind Energy Allocation for BW6
Bid Window 6 of the Renewable Energy Independent Power Producer Procurement Programme’s (REIPPPP) request for proposals, which was released in early July, has …
Energy Transition
Investors With $39 Trillion Urge Governments to Plan Fossil Fuel Phase Out
Investors managing $39 trillion have called on governments to raise their climate ambition, including setting plans to phase out fossil fuel use and forcing com…
Net Zero Emission
Singapore Bank DBS Sets Decarbonisation Targets for Key Sectors
Singapore's DBS Group has set decarbonisation targets for nine industry sectors, including power, oil and gas, aviation and shipping, and reinforced its commitm…
Oil&Gas Drilling
Adnoc and Eni Evaluate ‘Fast Track’ Development Options for Sizeable Offshore Discovery
Project centres around leveraging other schemes currently being developed in Abu Dhabi as well as utilising existing Adnoc facilities
France
Paris Plans to Turn off Eiffel Tower’s Lights Early to Save Electricity, Report Says
Paris plans to turn off the Eiffel Tower's lights earlier each night to save electricity.
Energy Transition
Egypt Climate Champion Calls for New Metric on Climate Finance
Developing country climate financing needs should start being reframed at the U.N. climate summit in November, in order to move beyond the outdated – and unful…
Crude Oil
U.S. Emergency Oil Reserves Tumble to Lowest Since 1984
U.S. emergency crude oil stocks fell 8.4 million barrels last week to 434.1 million barrels, their lowest since October 1984, according to U.S. Department of En…
EU
European Utilities Rally as EU Unveils Rescue Plan
Just hours after the European Commission proposed caps on power prices across the bloc, European utilities have rallied, with stocks gaining on indications that…
CCS
Biden Administration Targets Industrial Decarbonization Through Electrification, Low-Carbon Fuels, CCUS
The Biden administration has laid out a comprehensive roadmap to help five energy-intensive manufacturing sectors reduce their fuel- and power-related carbon em…
Natural Gas
Exxon and Shell Look To Sell $1.5 Billion Natural Gas Venture
Supermajors ExxonMobil and Shell are looking to sell their 50/50 NAM natural gas producing joint venture in the Netherlands in a potential sale worth up to $1.5…
Iran
Optimism About An Iran Nuclear Deal Is Waning
The EU’s foreign affairs and security policy chief, Josep Borrell, is currently “less optimistic” that the negotiating parties could reach an agreement to re…
Solar Cell
Novel Perovskite Solar Cell Design Yields Both High Efficiency and Stability
A team of researchers led by the National Renewable Energy Laboratory said they made a technological breakthrough and constructed a perovskite solar cell with t…
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