Energy
- World
Germany to set up stabilisation fund to fight energy crisis
Berlin: Germany is putting up a “defensive umbrella” of up to 200 billion euros ($196 billion) to stabilise the country’s economy during the energy crisis, Chancellor Olaf Scholz announced. The country’s Economic…
- World
France to continue energy tariff shield in 2023 budget bill
Paris: France will continue its energy tariff shield costing 16 billion euros ($15 billion) in the country’s 2023 budget bill, Finance Minister Bruno Le Maire and Minister Delegate for Public Accounts Gabriel…
- Middle East
Saudi Arabia announces 5 renewable energy projects
Riyadh: Saudi Arabia has announced five new projects to produce electricity using renewable energy. The Saudi Power Procurement Company said the projects are the fourth phase of the kingdom’s National Renewable Energy…
- World
French energy sobriety plan to switch off Paris monuments at night
Paris: The lights on the Eiffel Tower will be switched off at 11.45 p.m. from this week onwards, in a bid to save electricity due to the energy crisis. Other major monuments…
- World
UK to halve business energy prices this winter
London: The wholesale price of gas and electricity for all non-domestic customers in the UK will be cut by half their anticipated level during this winter under a government support plan. Under…
- Hyderabad
Telangana: Renewable energy capacity rose from 70 MW to 5400 MW
Hyderabad: The Telangana State Renewable Energy Development Corporation’s (TSREDCO) Chairman, Y Sathish Reddy, stated that the capacity of renewable energy in the state has climbed to 5400 MW. He also said that…
- World
UK households told to ‘look at’ energy use as prices soar
London: UK households need to “look at” how they are using energy, Chancellor Nadhim Zahawi suggested amid calls for urgent government intervention to tackle soaring bills. It comes as outgoing Prime Minister…
- India
Bill to set up carbon markets introduced in Lok Sabha
New Delhi: A bill that seeks to make it mandatory for buildings with a minimum connected load of 100 kW to meet their energy requirements from renewable sources was introduced in the…
- Middle East
Oman announces new oil discoveries
Muscat: The Sultanate of Oman announced, on Saturday, new oil discoveries that contribute to increasing the Gulf state’s production by between 50,000 and 100,000 barrels per day, over the next two to…
- World
Putin blames West for food, energy crises
Moscow: Russian President Vladimir Putin on Friday blamed the West for emerging global food and energy crises and repeated his government’s offers of safe passage for ships exporting grain from Ukraine if…
- Science
Reseachers finds imbalance between energy emitted from Mars and seasonal energy
Houston: A seasonal imbalance in the amount of solar energy absorbed and released by the planet Mars is a likely cause of the dust storms that have long intrigued observers, a team…
- Health
Genetic differences can affect ability to utilize energy of various nutrients: Report
Helsinki: According to a new study by the University of Helsinki, minor genetic differences can affect the ability to utilize the energy of various nutrients. The findings of the study were published…
- World
US to release million barrels of oil per day from strategic reserve for 6 months to tame gas prices
Washington: The US will release 1 million barrels of oil per day from its strategic petroleum reserve for the next six months, President Joe Biden has announced, as he tried to keep…
- Middle East
UAE, Germany discuss ways to strengthen cooperation in trade and energy
Dubai: At least two senior officials from the United Arab Emirates (UAE) and Germany met to discuss “ways to strengthen bilateral relations and cooperation in trade, investment and energy.” Sheikh Abdullah bin Zayed…
- India
Nepal-India agrees to inject more investment in energy sector
Kathmandu: Nepal and India have agreed to build new projects by injecting joint investment in the hydropower sector. As per the agreement reached at Nepal-India Energy Joint Meeting, a joint technical team…