China’s top economic planner announced a target on Wednesday (Mar 23) to produce up to 200,000 tonnes per year of green hydrogen, a zero-carbon fuel generated from renewable energy sources, by 2025, but envisions a more widespread industry over the long term. The country aims to produce 100,000 tonnes to …

TotalEnergies has announced it will stop purchasing oil and petroleum products from Russia as soon as possible and by the end of 2022 at the latest. In this way, TotalEnergies wanted to address “serious and unfounded” accusations of “complicity in war crimes” for continuing to work in Russia. The energy …

Oil ticked higher ahead of a flurry of high-level diplomatic activity over the month-old war in Ukraine that may see fresh curbs on Russia. West Texas Intermediate climbed toward $110 a barrel after giving up early gains on Tuesday to end slightly lower. European Union and NATO leaders are set …

Faced with high energy prices and the urgent need to break away from Russian fossil fuels, the European Commission is doubling down on the roll-out of renewables and energy efficiency measures. The war in Ukraine has led to a monumental shift in EU climate policy. Within weeks of the invasion, …

Oil prices will jump to $300 a barrel if the West abandons Russian oil, the country’s Deputy Prime Minister and former Energy Minister Alexander Novak said on Monday, adding that “some see it possibly reaching $500 a barrel”. The warning comes as the EU plans to discuss placing an embargo …

China aims to increase renewable power, maintain crude oil output and boost natural gas production, as it seeks to balance energy security and achieve its climate change goals. China, the world’s biggest greenhouse gases emitter, has said its carbon emission would peak by 2030 while it would achieve carbon neutrality …

European natural gas steadied on Tuesday as Russian supplies flow to the continent in line with orders and mild weather keeps demand in check. Dutch futures, the European benchmark, were little changed at 97 euros per megawatt-hour by 8:38 a.m. in Amsterdam, after two days of declines. Prices appear to …

Belgium has decided to postpone its nuclear phase-out scheduled for 2025 by 10 years, worried about soaring energy prices due to the Russian invasion of Ukraine. “The federal government has decided to take the necessary measures to extend the life of the two most recent nuclear reactors by 10 years,” …

German Economy Minister Robert Habeck said on Saturday that he will explore liquefied natural gas (LNG) supply on a trip to Qatar and the United Arab Emirates, and aims to secure a hydrogen deal, making Germany less dependent on Russia. Russia is the largest supplier of gas to Germany, according …

Bulgaria will not renew a natural gas supply contract with Russia’s Gazprom PJSC amid the war in Ukraine, and will look at alternative supplies and a future joint European Union contract to avoid a shortfall, Deputy Prime Minister Assen Vassilev said Saturday. The Balkan country gets almost all of its …