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Energy

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Buying Russian oil not in India's interest, Biden tells Modi

Talks between the two countries took place as the US seeks more help from India in condemning, and applying economic pressure on Russia over the Ukraine conflict

Fitch cuts India’s growth forecast on high energy prices

In its Global economic Outlook-March 2022, Fitch said the post-COVID-19 pandemic recovery is being hit by a potentially huge global supply shock that will reduce growth and push up inflation

UK urged to maintain its commitments to climate action

International observers are increasingly worried that the rows over net zero within the UK government will undermine the progress made last year at the Cop26 UN climate talks

Webuild launches its second TBM on Australia’s Snowy 2.0

The TBM was built by Germany’s Herrenknecht AG in collaboration with Webuild, specifically for use on Snowy 2.0

Atlantic Shores plans second offshore wind energy project

The company has not said how many megawatts of power the second project might provide

Oil rises before OPEC+ policy meeting

Brent crude for November delivery added 0.3%, to reach $71.81 a barrel and U.S. West Texas Intermediate crude for October also rose 0.3%, at $68.67

Research shows ‘blue’ hydrogen has higher climate footprint

Prime Minister Boris Johnson’s dreams of developing a low-carbon hydrogen economy for the UK have been dealt a major blow as a scientific paper reveals so-called ‘blue’ hydrogen has a higher climate footprint than natural gas.

DP Energy and Iberdrola plan three offshore wind farms

An Irish-Spanish joint venture is planning three offshore electricity generating fields that will cost up to €6.5 billion ($7.73 billion), according to industry estimates.

Tesla's energy storage, solar business grows

Tesla on Monday reported $801 million in revenue from its energy generation and storage business

Saranac Lake (US) considers joining CCA

Saranac Lake (New York, US) is considering joining a program - Community Choice Aggregation - that would let its residents and businesses purchase more renewable energy through their monthly bills.