Energy transition akin to Industrial Revolution – Centrica speaks out on scale of challenge
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The energy transition requires the sector to grapple with the Fifth Industrial Revolution.
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National grid operator says clean power mission is ‘achievable’
The National Energy System Operator (NESO) has today concluded that the UK government’s mission to decarbonise the electricity grid by 2030 is “achievable”.
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Anglo American, EDF partner on South Africa renewables
Anglo American and EDF Renewables have formed a plan to create a new joint owned renewable energy company, Envusa Energy, in South Africa.
Egypt flies the green flag ahead of COP27’s arrival in Cairo
Egypt will host the COP27 shindig come November. The country has made clear it is working on bolstering domestic energy production – with a particular focus on clean energy.
‘What’s your message to Aberdeen offshore workers?’ GMB asks Labour of energy policy
The GMB Union has posed questions to Labour on its UK energy policy, including the message for thousands of offshore workers in Aberdeen and north-east England who would be impacted.
Starsight, SolarAfrica to merge and expand
Starsight Energy and SolarAfrica have set out a plan to merge and expand into new areas, particularly Francophone West Africa.
Liz Truss wins Tory leadership contest to become prime minister
Liz Truss will be the UK’s new prime minister after beating Rishi Sunak to take over the Conservative party.
Outgoing NSTA chief Andy Samuel reflects on UK’s Great Energy Transition
More than five years ago and always over coffee, (outgoing) CEO of the former Oil & Gas Authority (now North Sea Transition Authority), Andy Samuel and I enjoyed a number of informal exchanges about the future potential role of the UK Continental Shelf in the Great Energy Transition.
Globeleq signs up to green hydrogen plan in Egypt
Globeleq has expressed its interest in producing green hydrogen in the Suez Canal Economic Zone.
NOC secures investment pledges from Eni, TotalEnergies
Libya’s National Oil Corp. (NOC) chairman Farhat Bengdara has visited the heads of Eni and TotalEnergies in their home offices, seeking new investments.
Samsung C&T wins solar EPC award for Qatar’s industrial cities work
QatarEnergy (QE) has awarded engineering, procurement and construction (EPC) contracts covering two large solar photovoltaic (PV) plants.
Namibia picks hydrogen plans, as Hyphen eyes FEED move
Namibia has chosen a number of hydrogen projects to move ahead in the Erongo Valley while Hyphen Hydrogen Energy has flagged up its progress on a $10 billion project.
bp JV poised to be largest solar player in Australia
Lightsource bp, a 50:50 joint venture between Lightsource and oil and gas major bp (LON:BP), is set to become the largest solar developer and owner in Australia, as it aims to reach financial close on its Wellington North and Wunghnu Solar Farms later this year.
NewMed signs MoU with Enlight on renewable energy plan
NewMed Energy has struck a memorandum of understanding (MoU) with Enlight Renewable Energy on developing projects in the Middle East and North Africa.
Shell seals $1.55bn acquisition of Indian renewable energy group
Shell (LON:SHEL) has finalised its $1.55 billion acquisition of Indian renewable energy developer and operator Sprng Energy from Actis Solenergi. Significantly, the solar and wind power assets that Shell acquires through the deal will triple the oil and gas company’s renewable energy capacity in operation, it said on Tuesday.
TotalEnergies and Japan’s ENEOS seal solar power merger deal in Asia
France’s TotalEnergies and Japanese energy group ENEOS have received final merger clearance and have completed a joint venture agreement to develop 2 GW of onsite business-to-business (B2B) solar projects across Asia over the next five years.
Newly elected Philippines President eyes renewables and nuclear as LNG prices soar
Newly elected President Ferdinand Marcos Jr reiterated his support for more renewable energy, as well as nuclear power, and natural gas, in the Philippines, one of Southeast Asia’s fastest growing economies. The news comes as plans to import maiden liquefied natural gas (LNG) cargoes into the country have stuttered due to surging global prices.
Nuclear and renewables to edge out LNG in South Korea
A potential resurgence in nuclear power combined with increasing renewable energy capacity could see less liquefied natural gas (LNG) fueled power projects built in South Korea than previously anticipated.
Total tees up a trio of energy projects in Angola
TotalEnergies has taken a final investment decision (FID) on Begonia, a field in Angola’s Block 17/06.
China to export $100bn in renewable energy technology in 2022, bright future ahead
China is continuing its rapid expansion into global new energy markets with exports of solar PV, wind turbines, and energy storage equipment, expected to be worth $100 billion this year, data from energy research firm Wood Mackenzie showed.
Coal plus renewables will shape energy transition in Asia as $2.9tn in power investment eyed
The coal plus renewables energy transition led by Asia Pacific’s largest growth markets – China and India – is gathering speed. Significantly, it is a lot cheaper than the natural gas plus renewables path followed by the EU and US to lower emissions.
Ramaphosa paves way for power revolution
South African President Cyril Ramaphosa has set out a plan to tackle the country’s energy problems and seemingly winning support.
Fuelling Africa’s green transition
Recent world events have shone light on the vital role that energy plays in societies throughout the world. Whilst western powers are dealing with what is rapidly turning out to be one of the worst energy crises ever experienced, poorer nations across the world are increasingly suffering the detrimental costs of climate change, the consequence of the exploitation of fossil fuels and unsustainable industrial practices.
Eni, TotalEnergies, Oxy commit to $4bn Berkine Basin spend
Eni, TotalEnergies, Occidental Petroleum and Sonatrach have signed a production-sharing contract (PSC) extending control over two blocks in Algeria’s Berkine Basin.
GlassPoint returns with decarbonisation vision
When GlassPoint succumbed to bankruptcy in 2020 the vision of solar-powered steam production seemed to have come to a close.
Norfund steps up to invest in CrossBoundary
Norway’s Norfund and KLP has made a $40 million equity investment in CrossBoundary Energy, to support renewable energy projects in Africa.
Philippines closer to adding one of world’s top solar sites
Solar Philippines has taken a further step toward massively expanding the nation’s renewables capacity, including with one of the world’s top projects, as it aims to help meet rising energy demand and aid a shift away from coal.
