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Energy Transition
G7 Agrees to Critical Mineral Plan to Boost Energy Transition Push
Group aims to develop new mines and supply chains for critical minerals in 'responsible' manner
Nuclear Power Plant (NPP)
New G7 Nuclear Energy Alliance Forms as Germany Pulls the Plug on Last Reactors
A nuclear power alliance between the UK, US, Canada, Japan and France has been formed at the G7 Ministers’ Meeting on Climate, Energy and Environment in S…
Offshore Wind Power
G7 Ministers Vow to Accelerate Offshore Wind Deployment to Reach 150 GW by 2030
The G7 (Group of Seven) Ministers of Climate, Energy and the Environment have pledged to speed up the buildout of renewable energy projects, including offshore …
Carbon Emissions
US Energy Secretary Says G7 Can Lead Global Emissions Cuts
Wealthy nations can lead by example in cutting carbon emissions, though much faster action is needed to stem global warming, U.S. Energy Secretary Jennifer Gran…
Natural Gas
G7 Interview: US Sees Need for New Gas Investments in Light of Russia War, Tight Market
The world "absolutely" needs new gas investment while Russia's war in Ukraine keeps supply risks high, US Assistant Energy Secretary Andrew Light said April…
Nuclear Technology
U.K., South Korea Issue Joint Declaration on Nuclear Cooperation
As part of the run-up to the G7 Ministers’ Meeting on Climate, Energy, and Environment in Japan on April 15–16, U.K. energy security secretary Grant…
Crude Oil
Russian Seaborne Crude Exports Rebound to Two-Month High in January, Report Says
A ship in the Baltic Sea on the natural gas pipeline Nord Stream 2 from Russia to Germany. An EU and G7 price cap on Russian oil has aimed to reduce Moscow&rsqu…
Oil Price
Moscow Restrains Response to G7 Price Cap
A long-awaited decree signed by President Vladimir Putin this week prohibiting Russian oil exports to countries working under the G7 price cap was perceived as …
Energy Transition
G7 Makes New $15 Billion Offer to Vietnam to Cut Coal Use -Sources
The Group of Seven (G7) industrialised nations has made a new $15 billion offer to Vietnam to agree during a summit next week on funding to speed up its transit…
Crude Oil
Price Cap on Russian Oil Comes Into Effect
The price cap of $60 per barrel for Russian oil devised by the G7 and supported by the European Union comes into effect today, aiming to curb Russia’s revenues…
Crude Oil
Poland Approves $60 G7 Oil Price Cap
Poland has agreed to a $60 price cap on Russian crude oil, Poland’s Ambassador to the EU, Andrzej Sados, said on Friday.
Energy Transition
Vietnam Boosts Coal Use Plan for 2030 as G7 Climate Offer Stalls
Vietnam has increased its coal power target for 2030 under a revised draft energy plan, government documents seen by Reuters show, while renewables goals were s…
Crude Oil
EU Expects to Be Ready for Russia Oil Price Cap Dec. 5 Start - Officials
The European Union expects to have its regulations completed in time for the introduction of a G7 plan to cap the price of Russian crude oil on Dec. 5 , the EU'…
G7 Hydrogen Consumption Could Grow by up to 7 Times
IRENA asked the G7 countries to lead the market.
Energy Transition
Hydrogen Overuse Could Hamper Renewable Energy Transition, Irena Says
Consumption of hydrogen by G7 countries will grow between 'four and seven times' by 2050.
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