Europe
Gunvor teams up with VARO to build sustainable aviation fuel facility in Rotterdam
The manufacturing facility in Rotterdam, with capacity of 350 kt per annum, aims to produce enough sustainable aviation fuel to meet up to...
North Sea oil and gas producers say UK windfall tax is a ‘wrecking ball’
Drilling companies say to expect a sharp drop in revenue following increased UK windfall tax on oil and gas companies.
Rethinking ‘contracts for difference’ in renewable energy investments
How could contracts for difference be designed to boost renewable energy investment without creating an inefficient market?
Big truckmakers bet on hydrogen to extend combustion engine life
With electric batteries not up to the task of long-haul freight, hydrogen trucks offer a chance for low-emission deliveries.
China woes hit BMW as profit margin falls
Earnings fall in BMW Q2 results as Chinese sales slump, but strong demand for EVs could be a positive sign for the future.
Shell beats forecasts with $6.3 billion second quarter profit
Shell reported Q2 profit of $6.3bn, a drop of 19% from the previous three months, as refining margins and oil and gas trading...
EIB and Deutsche Bank team up to support EU wind power industry
Wind equipment makers face challenges including uncertain demand, slow project-permitting, and supply-chain bottlenecks, as well as high inflation and commodity prices.
Uber, BYD partner to bring EVs to ride-hailing platform globally
Uber and BYD announced a multi-year partnership on Wednesday aimed at bringing 100,000 new EVs to the ride-hailing platform
Net zero transition needs significant investment to avoid failure, report warns
Scotland’s route to net zero must include significant investment to avoid failure, a report has warned. The investment report by the Just Transition...
UK Budget for new clean power schemes gets boost to record £1.5bn
The UK Government is increasing the budget to support the next wave of renewable energy schemes to a record £1.5 billion, it has...
