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Bosnia and Herzegovina
Bosnia's Power Exports at Risk as People Switch to Electricity for Heating
Bosnia may be forced to cut exports as Bosnians turn to subsidised electricity for heating after a jump in prices for other fuels, including gas, firewood and w…
Offshore Wind Power
Japan’s TEPCO and Scotland’s Flotation Energy Eye Offshore Wind Prospects
TEPCO Renewable Power, a subsidiary of Japanese utility Tokyo Electric Power Company (TEPCO), is teaming up with Flotation Energy to develop the offshore wind m…
Crude Oil
Oil Shortage Forecasts Clash With Grim Economic Projections
Oil markets can’t seem to choose which direction to head.
Electric Vehicle Charging
Bp Pulse Unveils Plans for Gigahub EV Fast-Charging Network
Los Angeles International Airport is the first planned location for the hub, with the network serving ride-hailing and taxi fleets.
OPEC
OPEC+ 'Only a Phone Call Away' if Markets Need Balancing - UAE Minister
The United Arab Emirates' energy minister said on Monday that OPEC+ was always willing to balance crude oil markets if needed, and that if consumers require its…
Hydrogen Production
UAE Targets Clean Projects at 50% of Energy Mix by 2050
The United Arab Emirates aims to increase the share of clean energy projects to 50% of its overall energy mix by 2050.
Oil Field
Pioneer Natural Resources to Increase Return Targets for Oil Wells
U.S. shale oil producer Pioneer Natural Resources will reshuffle its drilling portfolio next year to target wells with potentially higher returns, a move to boo…
Solar Cell
Nanotech Breakthrough Sets World Record for Solar Cell Efficiency
In a new Nature Nanotechnology paper, scientists say they’ve cleared 31% efficiency in solar cells.
BlackRock Raises $4.5 Bln for Climate-Focused Infrastructure Fund
BlackRock Inc has raised $4.5 billion out of an overall $7.5 billion-target for a new fund to invest in infrastructure assets aimed at climate-focused projects.…
Net Zero Emission
Carney Says New Data Will Hold Banks Accountable for Climate Progress
Former Bank of England governor Mark Carney said a new data utility being set up by an environmental group he leads will make banks and other institutions accou…
Carbon Emissions
Deutsche Bank Sets 2030 Targets to Cut Emissions Tied to Loans
Deutsche Bank on Friday said it aimed to reduce the emissions tied to its upstream corporate oil and gas sector loans by 23% by 2030, as part of a series of tar…
Wind Farm
Ørsted Partners with ECP in the Company’s First-Ever Farm-down of Onshore Assets
Ørsted closed a transaction with Energy Capital Partners (ECP), a leading energy transition-focused investor, to divest a 50 % ownership stake in a portfolio c…
Oil&Gas Drilling
Liz Truss Resigns, Becomes the Shortest Serving Prime Minister in History
New UK PM Liz Truss, the former oil economist for Shell, tendered her resignation on Thursday, just days after putting forward a budget that wreaked havoc in th…
Natural Gas
How Hydrogen Blends Will Impact HRSG Operation, Maintenance, and Performance
Countries have issued targets to reduce or even eliminate the use of traditional fossil fuels. Gas turbine original equipment manufacturers (OEMs) are respondin…
‘Carbon Offsets Give Some Companies a Smokescreen on Climate Impact’
The carbon market is allowing firms to warp their actual environmental impact, the CCC has found
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