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TotalEnergies May Buy Green Power From Fortescue in Papua New Guinea -Regulator
Fortescue Future Industries is in talks with TotalEnergies to supply power to the fossil fuel company's Papua LNG project from a series of proposed renewable en…
PowerGrid Technology
Digital Opportunities to Secure Europe’s Power Supply
Digitalisation offers many opportunities to secure Europe’s power supply over the coming seasons, Siemens has reported.
Carbon Emissions
EU Bans Goods Linked to Deforestation
New checks will now be in place before items are imported onto the continent – to understand their impact on forestry.
Natural Gas
Netherlands Proposes EU Gas Price Cap for State-Backed Buyers - Document
The Netherlands has weighed into the European Union's debate on whether to cap gas prices with an alternative proposal that would cap gas prices but only for go…
Nuclear Power Plant
Is the UK Plotting Budget Cuts to Boost Its Nuclear Power Dreams?
The Treasury is reportedly reviewing the government spending on projects such as roads, rail and schools.
Natural Gas
European Gas Consumption Is 24% Below the Five-Year Average
Europe’s natural gas demand in November fell by nearly a quarter compared to the five-year average for the month.
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
Nigeria to End Imports of Petroleum Products in 2023
Nigeria—a major petroleum products importer—expects to stop importing petroleum products starting in the third quarter of next year, Nigeria’s oil minister T…
Natural Gas
Eni Holds Preliminary Talks to Buy UK Gas Producer for up to $6 Billion
Italian energy major Eni has held preliminary talks to potentially buy UK-based gas-focused producer Neptune Energy for up to $6 billion, Reuters reported on We…
Electric Car
UK Approves $26.6 Billion Power Grid Investment to Expand Renewable Capacity
Six electricity distribution network companies, covering fourteen local networks in the UK, will have $26.6 billion (£22.2 billion) to invest by 2028 to make t…
Nigeria
Nigeria Aims to End Imports of Petroleum Products Next Year
Nigeria expects to stop importing petroleum products from before or around the third quarter of 2023, its oil minister Timipre Sylva said on Tuesday.
Oil Refinery
Italy Set to Nationalise Lukoil Refinery - Paper
Italy's government is set to nationalise the Lukoil-owned ISAB refinery in Sicily and will ask the cabinet to decide on the matter at a meeting scheduled on Thu…
Offshore Wind Power
UK Government Moves to Defuse Parliamentary Row over Onshore Wind
Britain's government sought on Monday to defuse a simmering row over a push by some Conservative lawmakers to make it easier to build onshore wind farms by sayi…
Energy Storage Battery
Rolls-Royce to Supply Largest Dutch Battery Storage System
A large-scale battery storage system from Rolls-Royce – touted to be the largest in the Netherlands – is the latest to help the Dutch grid manage its overflow…
Nuclear Reactor
EDF Could Lose 5 Bln Euros from France's Windfall Tax -Les Echos
A planned French windfall tax on energy companies' profits during Europe's current energy crisis would likely cost debt-laden nuclear giant EDF around 5 billion…
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