Latest Stories

Istanbul-listed Koc launches electric vehicle charging stations unit

14 July 2022

Conglomerate also lately reached understanding with Ford and SK On to explore potential for EV battery production plant in Ankara.

Japan considers steps to conserve gas supplies

14 July 2022

Japan is considering steps to conserve natural gas supplies amid fears of a potential disruption. This week it emerged that Tokyo may ask households and businesses to cut back on gas usage when supply is tight.

Suncor CEO steps down following new fatality

14 July 2022

Suncor Energy’s president and CEO, Mark Little, has stepped down from his role following another worker fatality at a site operated by the company.

Staff exodus threatens future of South Africa's sole nuclear power plant

14 July 2022

Between 250 and 300 skilled staff have left South Africa’s Koeberg Power Station (Koeberg) over the past year, posing an additional threat to the future of the continent’s sole nuclear facility, a top publication reports.

Hungarian government declares energy state of emergency, tightens utility price cap rules

14 July 2022

From August 1, regulated energy prices for households will apply only to electricity and gas consumption up to the national average.

US warns of ‘profound threat’ of Putin’s efforts to deepen ties with Iran

14 July 2022

Washington claims Tehran plans to supply Russia with combat drones. Remarks come as Joe Biden starts Middle East tour and Russia’s president prepares for trip to Iranian capital.

AsianOil: Japan considers steps to conserve gas supplies

13 July 2022

Japan is considering steps to conserve natural gas supplies amid fears of a potential disruption. This week it emerged that Tokyo may ask households and businesses to cut back on gas usage when supply is tight.

Biggest UK renewables auction accelerates move away from fossil fuels

13 July 2022

In the UK, the latest renewables auction has secured almost 11 GW of renewable energy at record low prices. That is enough to power some 12mn homes, said the government.

EU lawmakers vote that nuclear and some natural gas are ‘green’

13 July 2022

The European Parliament has voted that nuclear power and some forms of low-carbon natural gas can be classified as ‘green’. This could lead to billions of dollars of state subsidies and private investment for the energy sources.

Germany to boost renewable energy

13 July 2022

German lawmakers have approved a major package of reforms to boost renewable energy as the chancellor, Olaf Scholz, warns that Germany has too long relied upon Russian energy supplies.

UK government unveils “most significant” energy legislation in a decade

13 July 2022

Britain's energy security bill has been unveiled – and it contains 26 measures to reform the UK’s energy system and reduce dependency on fossil fuels and exposure to volatile gas prices.