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Oil Price
Why Buffett’s Berkshire Hathaway Is Seeking to Buy Up to 50% Of Occidental
The conglomerate first made a bet on the Houston-based oil company three years ago
Hydropower Plant
Europe’s Hydropower Generation Hits Record Lows Due to Drought
The effects of the drought conditions in many European countries are being felt in the hydropower generation sector, with low water levels in reservoirs constra…
Electric Vehicle Battery
Is the UK’s First Gigafactory ‘Put on Life Support’?
Work on Britishvolt’s EV battery factory near Blyth in Northumberland has reportedly been limited in a bid to slash spending costs.
Carbon Emissions
EU Greenhouse Emissions Bounced Back
Greenhouse gas emissions rose in the first three months of the year, according to official data.
Nuclear Power Plant
Japanese Support for a Nuclear Restart Is at Its Highest Since Fukushima Disaster, Says Former IEA Executive Director
In a first for Japan since the Fukushima nuclear disaster in 2011, public support for a nuclear restart is now at more than 60%, said a former executive directo…
Hydropower Plant
Norway Boosts Hydropower, Challenging Effort to Fill Reservoirs
Hydropower production in southern Norway rose last week in response to high prices, potentially challenging Norway's efforts to fill reservoirs ahead of winter …
Natural Gas
Uniper Records $12BN Loss in First Half of 2022 Due to Gas Crisis
Uniper has reported a significant net loss in the first half of 2022 due in large part to the underperformance of its gas business.
Natural Gas
Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Bln Net Loss
German utility Uniper, the most high-profile victim of Europe's energy crisis so far, reported a net loss of 12.3 billion euros ($12.5 billion) for the first ha…
Hydrogen Project
Canada and Germany Set to Ink New Hydrogen Deal
This new project would be the first of its kind in Canada
Carbon Emissions
EU Greenhouse Gas Emissions on the Rise, but Still Below Pre-pandemic Level
Greenhouse gas emissions across the European Union rose in the first quarter from a year earlier, but remained just below pre-pandemic levels, the bloc's statis…
LNG
Australia’s Santos to Proceed With $2.6 Bln Alaska Oil Project
Santos Ltd will proceed with its $2.6 billion Alaskan oil project, the Australian energy producer said on Wednesday after posting a four-fold jump in first-half…
Nuclear waste
Nuclear Waste Recycling Startup Wants to Solve the ‘Ball and Chain’ Problem Holding Back Nuclear
Ed McGinnis knows firsthand about the nuclear waste problem in the United States after working for the Department of Energy from 1991 to 2021.
Pumped Storage
Estonian Mine to Be Turned Into Pumped Hydro Facility
Preliminary design and environmental impact assessment for Estonia’s first pumped storage hydroelectric plant is underway under the guidance of Estonian energy…
Solar Power Plant
Iberdrola Toasts First Portuguese PV Commissioning
Iberdrola has commissioned its first solar farm in Portugal, Spain, one of several projects it was awarded in solar auctions in 2019, totalling 187MW.
Coal Price
India Buys Discounted Venezuelan Petcoke to Replace Coal
Indian companies are importing significant volumes of petroleum coke from Venezuela for the first time, trade sources and shipping data show, as the OPEC nation…
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