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Ithaca Energy Gains Access to Two of the Largest Undeveloped Discoveries in UK North Sea
North Sea-focused Ithaca Energy has reached an agreement to acquire Siccar Point Energy for a price tag of nearly $1.5 billion. This is Ithaca’s second expansi…
Malaysia
Malaysia’s TNB Acquires 97.3MW Wind Portfolio in UK
Malaysia-based Tenaga Nasional Berhad’s (TNB) wholly-owned subsidiary, Vantage RE Ltd., acquired a 100% stake in a 97.3-megawatt (MW) onshore wind portfolio in…
United Kingdom
UK Targets More Nuclear, Wind Power — and Fossil Fuels — in Bid for Energy Security
The U.K. government has revealed details of its long awaited, “bold” energy security strategy, but critics have derided its inclusion of fossil fuels and what…
SMR
Rolls-Royce Boss Earmarks 2029 for Production of Small Nuclear Reactors
The boss of Rolls-Royce has said the company could create its first small nuclear reactors by 2029 as long as planning barriers are removed by the UK government…
Hydrogen Technology
UK Backs Hydrogen Technologies with £400 Million Awarded to Johnson Matthey
UK Export Finance guarantees sustainability-linked loan, supporting homegrown research and development in sustainable technologies and hydrogen.
Net Zero Emission
UK Launches Future System Operator to Oversee Energy System
The public body comes ahead of the Energy Security Strategy which will be published on ThursdayThe UK has launched the Future System Operator (FSO) to oversee i…
Nuclear Power Plant
Britain’s Torrid Love Affair with Nuclear Power Continues
Nuclear energy may well be a key part of the UK’s energy security, but establishing who carries the financial risk of such a high-cost venture is of the utmost…
Crude Oil
Oil Rises as Uncertainty Around Supply Persists
Oil futures rose in early trading on Tuesday as the potential for more sanctions following alleged war crimes by Russian troops in Ukraine added to concerns abo…
Natural Gas
Why Renewables Can’t Solve Europe's Energy Crisis
Europe has been aggressively pursuing a clean energy future and the end of fossil fuels, but the Russia-Ukraine conflict has highlighted the shortcomings of ren…
Nuclear Power Plant
Britain Could Build Seven Nuclear Power Stations
Britain could build up to seven new nuclear power stations as part of a radical expansion of homegrown energy following Russia’s invasion of Ukraine.
Energy Transition
Portugal to Speed up Renewable Energy Programme amid Russia-Ukraine Conflict
Portugal aims to accelerate its energy transition and increase the proportion of renewable sources by 20 percentage points to 80 per cent of its electricity out…
Natural Gas
Russia's Gazprom Says Gas Exports to Europe via Ukraine Continue
Russian state-owned energy giant Gazprom said on Saturday it was continuing to supply natural gas to Europe via Ukraine in line with requests from European cons…
Hydrogen Production
European Hydrogen Development and Opportunities
The war in Ukraine has made the security of energy supply a top priority, increasing pressure in Europe to accelerate the transition to cleaner fuels, including…
Oil Price
IEA to Release New Emergency Oil Stock to Curb Market Turmoil
The International Energy Agency has said its members have agreed to release more oil from emergency reserves to offset the market turmoil caused by Russia’s wa…
Offshore Wind Power
UK Green Lights East Anglia Offshore Wind Projects
The UK’s Secretary of State for Business, Energy and Industrial Strategy, Kwasi Kwarteng, has granted development consent for the East Anglia ONE North and Eas…
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