Over 500 hydrogen projects are now under construction or operational worldwide, with total committed investments reaching USD110 billion, representing an increase of USD35 billion in one year.
Altalto (Immingham) Limited receives backing from the UK government to integrate NEXTCHEM technologies into its sustainable aviation fuel project derived from municipal waste.
The Voskhod and Zarya vessels, targeted by Western sanctions, departed China’s Beihai terminal after potentially offloading liquefied natural gas from the Arctic LNG 2 project.
Ayatollah Ali Khamenei calls for modernising the oil industry and expanding export markets as Tehran faces the possible reactivation of 2015 nuclear deal sanctions.
The International Atomic Energy Agency warns that little time remains to reach an agreement with Iran on fully resuming inspections, as European sanctions could be reimposed within 30 days.
NatPower Marine and Wah Kwong create a joint venture to deploy a maritime electric charging network in over 30 Asian ports by 2030, without requiring initial public investment.
The United States cuts tariffs on Japanese imports to 15%, while Tokyo launches a massive investment plan targeting American energy, industry, and agriculture.
The success of SGN’s test on a gas pipeline converted to hydrogen confirms Terra Firma Energy’s technological choices, with sites already equipped to accommodate this type of energy investment.
Underreported methane emissions from Australian mines could increase steelmakers’ carbon footprint by up to 15%, according to new analysis highlighting major gaps in global supply chains.
The European Union’s new import standard forces the United Kingdom to make major adjustments to its oil and gas exports, impacting competitiveness and trade flows between the two markets.
The United Kingdom is set to replace the Energy Profits Levy with a new fiscal mechanism, caught between fairness and simplicity, as the British Continental Shelf continues to decline.
Octopus Energy strengthens its presence in Spain with three new energy projects totalling 600 MW, powering 2.3 million households and accelerating the expansion of its European renewables portfolio.
Hitachi Energy commits $457mn to build a transformer factory in Virginia, part of a $1bn plan to support electrical interconnection in the US amid rising demand from artificial intelligence infrastructure.
ScottishPower pauses its renewable hydrogen projects in the United Kingdom, despite receiving public subsidies, citing a lack of commercial viability under the HAR1 programme.
Toyota launches production of its first electric vehicle in Europe at its Kolin plant in the Czech Republic, supported by a €680mn investment, including €64mn in public funding.
Shell ends construction of its biofuels plant in the Netherlands, citing low competitiveness, while reinforcing its oil activities, raising questions over its previous energy commitments.
A prudent limit of 1,460 GtCO2 for geologic storage reshapes the split between industrial abatement and net removals, with oil-scale injection needs and an onshore/offshore distribution that will define logistics, costs and liabilities.
US-based Westinghouse has signed six industrial agreements in the UK to supply critical components for its AP1000 and AP300 nuclear projects in Britain and abroad.
With an AUD$3 billion investment, ACEN launches one of Tasmania’s largest private projects, aiming for commissioning in 2030 and annual supply for 500,000 households.
Following an unexpected outage due to a control system issue, Woodside Energy's Pluto LNG site is preparing for a safe resumption of operations, while the neighboring Karratha Gas Plant continues normal activities.
The Australian company Hartshead Resources plans to revise its development plan for the Anning and Somerville gas fields, with an alternative export route now available under new UK fiscal terms.
Iran has activated thousands of advanced centrifuges to enrich uranium up to 60%, defying a recent resolution by the International Atomic Energy Agency (IAEA) criticizing its lack of cooperation.
At COP29, world leaders established the foundations for carbon markets under Article 6 of the Paris Agreement, but major challenges remain regarding integrity, demand, and national implementation.
The European Commission welcomes a new team of commissioners tasked with shaping energy policy. However, the absence of strong nuclear advocates in key positions raises questions about the future of this energy source in the Union.
The French renewable energy producer Neoen adjusts its 2024 adjusted EBITDA forecast downward, as a result of delaying a key asset sale in Australia to 2025.
London has announced sanctions on 30 additional ships of the Russian "ghost fleet," used to bypass oil restrictions, striking a blow to exports that finance the war in Ukraine.
Namibia's booming oil sector, bolstered by significant discoveries, could welcome Woodside Energy, which holds an option to engage in the offshore permit PEL 87 by May 2025.
Australia unveils a $1.30/kg tax credit for renewable hydrogen to attract private investment and accelerate the transition to a carbon-neutral economy.
The British mining giant Anglo American sells its steelmaking coal mines in Australia to Peabody Energy for $3.775 billion, marking its strategic withdrawal from this sector.
The easing of Panama Canal constraints and growing liquefied petroleum gas (LPG) fleet have kept Very Large Gas Carrier (VLGC) freight rates at historically low levels, with uncertain market prospects ahead.
Western Australia unveils an ambitious action plan for carbon capture, storage, and utilization (CCUS), supported by $16.9 million in funding, aiming to achieve carbon neutrality while boosting its economy.
Kogas and several Japanese LNG buyers confirmed they do not use the Russian bank Gazprombank, sanctioned by the United States, for transactions related to the Sakhalin 2 project, ensuring no impact on their imports.
The development of low-carbon ammonia in Canada, aimed at the Asian market, faces regulatory and logistical hurdles reminiscent of those encountered by LNG projects, raising concerns about economic and operational feasibility.
The global petrochemical market will reach $685.01 billion by 2031, driven by rising demand for polymers in automotive, packaging, and construction sectors. Asia-Pacific dominates, fostering sustained growth and innovative opportunities.
Clean Hydrogen Works awards McDermott the front-end engineering and design (FEED) contract for the Ascension Clean Energy (ACE) project in Louisiana, aiming to produce 2.4 million metric tons of clean ammonia annually.
Tehran warns that the European resolution condemning its nuclear program at the IAEA risks severely disrupting relations with the UN agency ahead of a crucial vote.
The evaluation of debris extracted from Fukushima, crucial for dismantling planning, could last up to a year, according to Tepco, the operator of the Japanese nuclear plant.
Africa Oil Corporation increases its stake in Impact Oil & Gas to 39.5%, consolidating its investment strategy in the Orange Basin of Namibia, a key region for the oil sector.
