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Natural Gas
“Nord Stream Reductions Will Increase Energy Prices Further”
Reduced gas flows via Nord Stream poses risks to European gas storage refill, according to a new report.
Brazil
Brazil Government Eyes Windfall Tax on Oil Firms, but Guedes Opposed
Brazilian Economy Minister Paulo Guedes is firmly against the idea of tax increases on the oil and gas industry.
Carbon Emissions
Australia Increases Emission Reduction Target to 43 per Cent by 2030
The Federal Government has submitted a new 2030 Nationally Determined Contribution (NDC) under the Paris Agreement to increase the national emission reduction t…
Energy Storage Battery
Increase in Battery Storage Use Could Push Australian Electricity Prices Even Higher
Data collated by Cornwall Insight Australia, looking at battery storage operations from June 2021 to May 2022, has shown a link between the increase in the amou…
Electric Car
UK Ends EV Buyer Grant Scheme to Boost Infrastructure
The plug-in grant funding will now be used to increase charging access and cut ‘range anxiety’.
Energy Security
Lithuania Seeks to Cut Ties With Russian Grid Earlier
Lithuania’s President said the fastest decoupling would increase the energy security of the Baltic countries.
Natural Gas
EU Sees a New Energy Future for Europe
Russian gas is increasingly being shunned and the EU has declared that it envisions a future without the Kremlin's primary bread-winner: natural gas.
Energy Transition
High Fuel Prices Could Erode Public Support for Energy Transition, Chevron CEO Says
Europe's plan to double down on renewable fuels in response to rising fuel costs could have the unintended short-term effect of increasing prices and slow down …
OPEC
OPEC+ Output Increase Wins It Credit but a Realignment Awaits Beyond August
Modest nature of tweak indicative of mounting challenges for Saudi Arabia and Russia led group including limited ability to raise production
Crude Oil
Oman’s New Oil Discoveries to Increase Output by up to 100,000 Barrels
Production is expected to rise over the next two to three years
Energy Storage Battery
New Concept Could Turn Tall Buildings Into Batteries to Improve the Power Quality
There is an increasing need for energy storage technologies to guarantee that electricity supply and demand are balanced correctly. This comes with the rapid de…
ITER
Hydrogen Breakthrough Unlocks New Potential for Fusion Energy
A revision of a fundamental law for tokamak fusion energy has doubled the fuel potential, thereby increasing the output energy potential.
Solar Power Plant
China to Boost Wind, Solar Power Capacity for Cleaner Energy Mix
China has rolled out a raft of measures to significantly increase its installed wind and solar power capacity in the latest step toward a low-carbon, secure and…
Uranium Project
US Brokers and Traders Increase Uranium Inventories
The "vast majority" of uranium delivered in the USA in 2021 was of foreign origin, according to the US Energy Information Administration (EIA).
Net Zero Emission
UAE Records Largest Increase in Renewable Energy Capacity Globally in the Past Decade
Capacity in the Emirates surged to 2,540 megawatts in 2020 from 13MW in 2011
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