EU Set to Exempt Majority of Companies from Carbon Border Levy — Draft Reveals

The European Commission will propose exemptions for “the vast majority” of companies covered by the European…

ExxonMobil Invests $200M to Boost Australia’s Gas Supply

Through Esso Australia Resources Pty Ltd, ExxonMobil announced a $200 million investment in the Kipper 1B…

Germany Bolsters Grid with New Battery Storage for Homes

Germany strengthened its energy infrastructure with a new battery storage facility to power 170,000 homes. This…

Sasol’s Earnings Plunge 48%, Fuel Segment Drags Performance

Sasol’s earnings dropped by 48% in the first half of the 2024 financial year compared to…

Cuba Unveils New Solar Park in Bold Move to Combat Power Blackouts

Cuba has unveiled a new solar energy park in the capital Havana, part of an ambitious…

UK Plans Subsidy Reform to Accelerate Green Energy Projects

The British government has presented plans for reforms of its flagship Contracts for Difference (CfD) scheme…

South Korea to Build Two New Large Nuclear Reactors

South Korea has finalised a new energy mix plan that envisages the construction of two new…

Japan Targets 60% Emission Cut by 2035 with Renewables, Nuclear Boost

Japan has set a bold target to reduce its greenhouse gas emissions by 60% by 2035,…

Sitka Power Boosts Alberta’s Growth with Key Energy Acquisition

Sitka Power Inc. has acquired renewable energy and energy storage projects from Saturn Power Inc., including…

Exxon, SLB Show Interest in Lithium Projects in Chile

US oil major Exxon Mobil is planning a meeting with Chilean officials to discuss lithium investment…