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Indonesia's Adaro Signs MoU With Hyundai for Aluminium Supply
Indonesian metals company PT Adaro Minerals Indonesia, Tbk has signed a memorandum of understanding (MoU) with South Korea's Hyundai Motor Company on aluminium …
Oil Price
Iraq Wants Stable Energy Prices, Prime Minister Says
Iraq is keen to maintain stable oil prices at not more than $100 per barrel, Prime Minister Mohammed Shia al-Sudani told reporters on Saturday.
Natural Gas
COP27: Israel Says Big Boost in Gas Supply to Europe Will Take Years
Israel will require several years before it can significantly increase its natural gas supplies to Europe, the country's energy ministry said on Friday.
Canada
Canada, Nigeria Target Oil and Gas Methane Emissions With New Laws
Oil and gas producers Canada and Nigeria have become the latest countries to tackle the potent greenhouse gas methane with laws to rein in emissions in the foss…
Crude Oil
UK Considering Big Increase in Energy Windfall Tax, Sources Say
British finance minister Jeremy Hunt is considering a big increase in a windfall tax on oil and gas firms and extending it to power generation firms as he tries…
Electric Car
Synthetic Graphite Becomes Crucial to Meeting Battery Demand Surge
Rystad Energy: total EV sales this year will reach nearly 10 million units, a 43% jump from 2021 sales.
Hydrogen Project
Chevron, Keppel, Pertamina to Explore Green Hydrogen and Ammonia Projects in Indonesia
Chevron New Energies, Keppel New Energy and Pertamina Power Indonesia have signed a joint study agreement to explore the development of selected green hydrogen …
Romania
Romanian Government Partially Regulates Energy Markets Until 2025
Romania's government changed its energy support scheme for households, small businesses and industry on Friday, partially regulating its power market until Marc…
Germany
German Budget Experts Push for Dividend Ban Tied to Energy Subsidies
Budget experts from Germany's ruling coalition on Friday stressed the need for a ban on dividends and bonuses being paid out at companies that benefit from gas …
Coal-Fired Power Plants
The $15 Billion Plan to Curtail Indonesia’s Coal Industry
The United States and Japan will lead a group of counties that will offer $15 billion to Indonesia for retiring its coal power plants earlier and moving on to l…
Hydrogen Production
Philippines’ President Greenlights Offshore Wind, Green Hydrogen Plan
The Philippines’ President has given the country’s Department of Energy the green light to move forward with its plan to explore and develop the offshore wind…
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…
Natural Gas
Persistent EU Rifts Seen Delaying Any Approval of Gas Price Cap
Belgium, Greece, Italy and Poland on Friday threatened to block a new set of European Union steps to alleviate an acute energy crunch.
Energy Transition
Global Investment Firm KKR Invests $400m in India’s Serentica Renewables
Serentica Renewables seeks to enable the energy transition by providing clean energy solutions for energy-intensive, hard-to-abate industries.
Energy Transition
IRENA’s Energy Transition Platform Bags $1b Investments
The platform aims to ramp up funding for renewable projects in developing countries.
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