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Crude Oil
Saudi Energy Minister Stresses the Importance of Oil Security
The world cannot go without Saudi oil exports for more than two or three weeks, Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman.
Natural Gas
Natural Gas Prices Slide as Bearish News Continues to Mount
The U.S. Henry Hub natural gas contract continued to sell off on Wednesday afternoon after having recorded steep losses at the beginning of the week.
Carbon Emissions
S&P Global to Launch Carbon Intensity Assessments for Diesel, Gasoline and Jet Fuel
S&P Global Commodity Insights said on Wednesday it would launch the first carbon intensity assessments and daily carbon offset premiums for transportation fuels…
Energy Transition
Spain's Iberdrola to Invest $47 Bln in Energy Transition in 2023-25
Spain's Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two year…
Germany
Germany Must Ask High Earners to Help With Energy Relief - Economic Council
Germany must tighten its energy-relief measures in the face of soaring inflation, ensuring only households and businesses that need help are on the receiving en…
Ammonia
ABS Green-Lights Cosco’s Ammonia-Fueled Vessel Design
COSCO Shipping Heavy Industry Co. and COSCO Shipping Heavy Industry Technology have won two approvals in principle from ABS classification society for their amm…
Net Zero Emission
France to Bankroll Development of Zero-Emission Ships With €300 Mln, Backed by $200 Mln From CMA CGM
France plans to assign € 300 million in public funding to help catalyze the decarbonization of its shipping sector and the development of zero-emission vessels…
Wind Farm
COP27: UAE and Egypt Agree to Build One of World's Biggest Wind Farms
The presidents of the United Arab Emirates (UAE) and Egypt witnessed the signing of an agreement on Tuesday to develop one of the world's largest onshore wind p…
SMR
Fortum and MIT Launch SMR Cost Estimation Tool
Finnish energy company Fortum has collaborated with MIT to launch a Nuclear Cost Estimation Tool (NCET) that enables more precise cost estimation and risk asses…
Coal-Fired Power Plants
New Application Leverages AI to Support Coal Plant Conversion
UK-based non-profit Terrapraxis has announced that its new Evaluate application is live and available for coal plant owners and investors to assess coal plants …
Natural Gas
Uniper’s Net Losses Reach €40.4bn as Gas Crisis Continues
German energy company Uniper has reported that net losses in the first nine months of the year had reached €40.4 billion ($39 billion), against a €4.7 billion…
Carbon Emissions
Microsoft's President Warns of Talent Shortage for Tackling Climate Change
Thousands of businesses will fail to meet pledges to combat climate change unless they start training employees on sustainability.
Green Investment Group Buys BayWa r.e. Bioenergy Platform
Maquarie Asset Management’s GIG acquires specialist biogas platform from BayWa r.e. AG and looks to grow business across Germany, Italy and rest of Europe.
Net Zero Emission
World’s 1st Zero-Emission Cruise Ship to Be Classed by DNV
Northern Xplorer, a recently established Norwegian cruise venture, has selected classification society DNV to class its first zero-emission cruise ship.
Electric Car
New Assessment to Estimate the Costs and Greenhouse Gas Emissions for Vehicles
A new study led by Argonne National Laboratory found that electric vehicles will soon have the potential to cost less to own and operate than traditional gas ve…
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