The G7 has an opportunity to lead the global energy markets towards net zero emissions by 2050. In June 2021, the G7 Leaders committed to “net zero no later than 2050” and to “lead a technology-driven transition to net zero, supported by relevant... 

Global primary energy demand jumped by 5.8 percent last year and exceeded the pre-pandemic levels of 2019 by 1.3 percent, BP said in its annual Statistical Review of World Energy 2022 on Tuesday. Primary energy in 2021 grew by its largest amount in... 

The International Energy Agency said that world oil demand will increase by more than 2% in 2023, reaching a record level of 101.6 million barrels per day (bpd). The Paris-based IEA also said in its monthly report that supply was restricted due to the... 

The European Union and Norway agreed on Thursday to cooperate to bring more gas from western Europe’s biggest producer to the EU’s 27 countries, nearly half of which are now grappling with cuts to Russian gas supplies. Nearly half of these... 

Fossil fuels have surpassed renewables to become the European Union’s largest source of power generation as use of natural gas reached its highest point in a decade, the bloc’s statistics office said on Thursday. While Eurostat says renewables... 

Power plant developers and operators plan to install more than 6 gigawatts of offshore wind capacity at sites mostly along the U.S. eastern seaboard over the next seven years, the U.S. Energy Information Administration (EIA) said in a report on Thursday. While... 

Poland and Ukraine are increasing this year’s production of thermal coal, the most polluting fossil fuel, preparing for colder months as Europe grapples with an energy security crisis exacerbated by the war in Ukraine. Coal use as fuel for thermal... 

The sustainability landscape – which broadly defined includes environmental, social and governance issues — is expanding and becoming increasingly diverse, complex and risk-laden. New laws, regulations and changes in the way investors, regulators,... 

Global primary energy demand jumped by 5.8 percent last year and exceeded the pre-pandemic levels of 2019 by 1.3 percent, BP said in its annual Statistical Review of World Energy 2022 on Tuesday. Primary energy grew by 31 EJ in 2021, the largest increase... 

As the price of electricity is rising in these uncertain times, reducing energy losses in transformers is more important than ever. Nynas’ bio-based insulating liquid NYTRO® BIO 300X promises to improve the performance of transformers, helping utilities... 

The Biden administration is partnering with 11 East Coast states to accelerate development of offshore wind facilities and create jobs by supporting a domestic supply chain for the industry, the White House said on Thursday. With this development, it... 

Germany will significantly increase its use of coal to protect its energy resources before the winter months come, and Russia’s reduction in gas exports threatens the deficits in Europe’s largest economy. The German government has stated...