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Home2023January

Month: January 2023

India
ESG

India invests $2.3B in green hydrogen

January 10, 2023 Mariel Alumit

BENGALURU, India — The government has approved $2.3 billion to support production, use and exports of green hydrogen, aiming to make India a global hub for the nascent industry. The funding, announced last week is […]

Fugro
International News

Fugro and Enviros Mapping Out Wind Areas Offshore Norway

January 10, 2023 Mariel Alumit

The Norwegian Petroleum Directorate (NPD) has awarded contracts to the companies Fugro and Enviros to map the shallowest strata under the seabed with the objective of locating sites that are best suited for the placement […]

Exagen
ESG

Exagen submits plans for 500MW/1GWh battery storage mega-project

January 10, 2023 Mariel Alumit

Exagen has confirmed that it has submitted plans for a 500MW/1GWh battery storage mega-project to Blaby District Council. Situated in Leicestershire, the Normanton Energy Reserve will be created across 19 acres, have a capacity of 500MW/1GWh […]

Energy
Energy Storage

New York’s transmission network planning should incorporate energy storage, study finds

January 10, 2023 Mariel Alumit

Energy storage could be a powerful asset in facilitating the transmission network upgrades required for New York’s transition to a low carbon electricity system, according to a new study. It is widely recognised that along […]

battery
Energy Storage

Germany: RWE 117MW hydro-coupled battery storage to begin commercial operations imminently

January 10, 2023 Mariel Alumit

International energy company RWE is about to take two battery storage projects virtually coupled with existing run-of-river hydroelectric plants into commercial operation in Germany. The company announced the completion of the two lithium-ion battery storage […]

Scotland
Fossil

Scotland First Minister Sees Clear Imperative to Accelerate Clean Energy

January 10, 2023 Mariel Alumit

There is a clear imperative to accelerate the clean energy transition and reduce Scotland’s dependence on oil and gas. That’s what Scotland’s First Minister Nicola Sturgeon said ahead of the publication of a new strategy […]

energy
EIA News

Texas energy expected to be key in meeting global demand

January 10, 2023 Mariel Alumit

As 2023 gets underway, the Energy Information Administration is offering its annual short-term energy outlook for the early part of the year. Among the trends the report has identified are rising natural gas production, increasing […]

Oil
International News

Oil Tanker Groups Frontline and Euronav Scrap $4.2 Billion Merger

January 10, 2023 Mariel Alumit

Oil tanker company Frontline said on Monday a $4.2 billion deal to merge with rival Euronav NV was terminated, a combination which would have created the world’s largest publicly listed tanker company. Frontline will not […]

Finance

Geopolitical Week Ahead: Chaos In Brazil, China Reopens Borders, Heavy Tanks For Ukraine, Energy Crisis

January 10, 2023 Mariel Alumit

A weekly round-up of geopolitical flashpoint and energy news we’re keeping our eyes on, and trends impacting global markets, which will later be accessible for Premium members and above… With the smoke still clearing from […]

Geopolitical

US Alarmed As Erdogan Hints At Assad Meeting Amid Moscow Reconciliation Talks

January 10, 2023 Mariel Alumit

Via The Cradle, During a speech in Ankara last Thursday, Turkish President Recep Tayyip Erdogan hinted that a meeting with his Syrian counterpart Bashar al-Assad may soon take place, “as part of efforts for peace.” […]

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