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Crude Oil
U.S. Issues Formal Notice of Record Sale of Oil From Reserve
The U.S. Energy Department formally outlined a sale of oil from emergency reserves on Friday, a day after President Joe Biden announced the largest release ever…
LNG
China's Guangzhou Development, Mexico Pacific Sign 2 Mil MT/Year LNG Deal
China's Guangzhou Development Group, a Guangdong provincial government-owned power and natural gas supplier, agreed March 31 to buy 2 million mt/year of LNG fro…
Net Zero Emission
Countries Can Achieve Net-Zero Carbon Emissions While Maintaining Economic Growth, Study Says
A new paper in Oxford Open Energy, published by Oxford University Press, indicates that countries can get to net-zero carbon emissions by 2050 while maintaining…
Joe Biden
Japan Will Act Appropriately on Oil Reserves Release
Japan will act appropriately on oil reserves release while closely watching global developments, the industry minister said on Friday, ahead of a meeting by Int…
Net Zero Emission
Launch Event a Success for Enlit Asia 2022 With SETA and SSA
Ahead of the Enlit Asia 2022 event happening from 20-22 September, a launch event has been hosted in Bangkok.
Wind Turbine
Vestas Secures 36 MW Order
Vestas have secured a 36 MW order from Scottish developer Muirhall Energy Limited for the Greengairs East project.
Destination Earth: Digital Replica of the Planet to Help Tackle Climate Change
Supported with an initial €150m, it aims to help monitor, model and predict natural and human activity as well as develop and test scenarios for more sustainab…
Natural Gas
Russia Foreign Gas Buyers 'Must Pay in Roubles' Says Putin
Russian President Vladimir Putin raises the energy stakes as Germany enacts early warning level for Emergency Plan for Gas amid supply concerns.
Alliander and GroenLeven to Investigate Role of Hydrogen in Electricity Grid
Dutch network company Alliander and renewable energy developer GroenLeven have opened the first solar PV connected green hydrogen plant in the Netherlands.
Nord Stream 2
Nord Stream 2 Cost $11 Billion to Build. Now, the Russia-Europe Gas Pipeline Is Unused and Abandoned
One of the early casualties of Russia’s invasion of Ukraine has been the Nord Stream 2 gas pipeline, a massive energy project that took several years to build …
Carbon Emissions
Emissions Trading Covers 37% of Emissions Under Net-Zero Targets – ICAP
Carbon markets hit record prices and revenues globally in 2021, reports the International Carbon Action Partnership.
Smart Grid
Gridspertise and Analog Devices to Collaborate on Smart Grid Techs
Enel subsidiary Gridspertise and Analog Devices are to develop new hardware and software products to advance the resiliency of smart grids.
Net Zero Emission
Climate Week Opens with Strong Call to Accelerate Climate Action
The first-ever Middle East and North Africa (MENA) Climate Week, MENACW 2022, opened with a strong call to accelerate the implementation of the Paris Agreement.
China
Chinese Geothermal Company Issues First Green Bond in Geothermal Sector
China-based geothermal heating giant Sinopec Green Energy Geothermal Development Co, Ltd have successfully issued a “Carbon Neutrality” green bond in Shanghai…
Electric Car
Saudi Aramco Partners with Hyundai Motor to Develop Advanced Fuels for Hybrid Vehicles
Saudi Aramco is teaming up with Hyundai Motor and King Abdullah University of Science and Technology to jointly research and develop advanced fuels for an "ultr…
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