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CCS
Carbon Capture Company Raises $150M
A company aiming to deliver gigatonne scale industrial decarbonisation by the mid-2030s has raised $150m in its latest funding round.
Energy Transition
Business Consortium Urges EU to Strengthen Energy Security
More than 100 businesses including Microsoft, Unilever, H&M, and Iberdrola have called for an accelerated energy transition.
Soluna Raises $35M from Spring Lane Capital to Build Green Data Centers for Crypto, Machine Learning
This announcement brings Soluna's total funding for data centers co-located with renewable energy assets to $100 million; doubles employee headcount.
Oil Price
Oil Prices Drop on Profit-Taking, Supply Fears Linger
Oil prices slipped on Monday, giving up earlier gains as investors took profits after a surge in the previous session, but global supply fears loomed with the E…
Solar Cell
European PV Subsidies a Divisive Topic
Subsidies for PV projects are a divisive topic in European countries. Mistakes of the past hang over fresh decision-making processes.
Nuclear Power Plant
Contracts Awarded for new Haiyang and Sanmen Units
China National Nuclear Corporation (CNNC) has signed contracts for the civil construction of the nuclear islands and installation engineering for the planned se…
Crude Oil
More Oil From U.S. Strategic Petroleum Reserve Heads to Europe
Europe is set to receive more cargoes of U.S. crude from the Strategic Petroleum Reserve (SPR) as the European Union discusses an oil embargo on Russia and look…
Crude Oil
Shell Agrees to Sell its Russian Petrol Stations
LUKOIL will buy Shell’s Russian retail and lubricants businesses
Hydrogen Fuel Cell
‘The Most Dumb Thing’: Elon Musk Dismisses Hydrogen as Tool for Energy Storage
Tesla CEO Elon Musk calls hydrogen “the most dumb thing I could possibly imagine for energy storage.”
OPEC
OPEC+ Misses Production Target by Whopping 2.7 Million Bpd
All 13 members of OPEC saw their production rise by just 153,000 barrels per day.
Offshore Wind Power
BP Bids for Two Dutch Offshore Wind Power Leases
Oil major BP has submitted bids to develop two offshore wind power leases in the Netherlands, it said on Thursday, as the company increases its focus on renewab…
Geothermal Power Plant
US DOE Aims to Provide $13 Million for Community Geothermal Projects
Heating and cooling represent significant energy needs for American homes and businesses, and contribute to greenhouse gas emissions through the direct use of f…
Crude Oil
China's Shenghong Resumes Crude Buying Ahead of Refinery Commissioning
China's private refining complex Shenghong Petrochemical has resumed crude oil purchases ahead of the commissioning of its new refinery, sources with knowledge …
Offshore Wind Power
Total, Duke are Winners of Latest U.S. Offshore Wind Auction
France-based TotalEnergies and U.S. power company Duke Energy Corp each won offshore wind leases in federal waters off the coast of North and South Carolina on …
Gastech Exhibition & Conference
The global energy landscape is changing - join us at Gastech Milan 2022:Gastech 2022 is the first major event on the energy calendar this year for governments a…
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