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EXPLAINED: 2 | Vintage Vibes

In South Texas, opponents say planned natural gas export facility’s carbon capture promises are “greenwashing”

A company planning to build a massive liquefied natural gas export facility near Brownsville says carbon capture technology will reduce its pollution, but some locals say it’s a “Band-Aid on a bullet hole.”

The Texas Tribune

Belgium extends contract with French energy company for nuclear reactors

After months of talks, Belgium has agreed a deal with French power firm Engie on extending the life of two nuclear reactors for a decade.

Radio France Internationale

ENGIE: We Are Working with Saudi Arabia to Transition to Carbon-Neutral Economy

ENGIE CEO Catherine MacGregor affirmed that her company’s work in Saudi Arabia aligns with the Kingdom’s national transformation plan, Vision 2030, and its focus on accelerating the transition to a carbon-neutral economy. MacGregor pointed out that ENGIE, since the start of its business in Saudi Arabia more than two decades…

Asharq Al-Awsat

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Fears Hazelwood coal mine will become a toxic lake if flooded before clean-up

Environment groups fear a proposal to flood a former Victorian coal mine will create a toxic lake that may contaminate other water sources unless more is done to clean up the site.

ABC News

Hydrogen powerhouse to lead energy future

One of the world's biggest renewable hydrogen plants will be built in Western Australia's Pilbara as economies move to replace fossil fuels and cut emissions.

AAP

Gazprom to pay Kremlin £8.6bn after record profits

Politicians wait to see whether Russia switches back on Nord Stream 1 gas supply to Europe

The Guardian - UK

Russia halts gas supplies to Germany as France warns of winter rationing and power cuts

Paris mulls rationing as Europe’s energy crisis deepens

The Independent UK

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EU tightens travel rules for Russians, falls short of visa ban

European Union foreign ministers agreed on Wednesday to fully suspend a visa facilitation agreement with Russia, making it harder for Russian citizens to enter the EU but falling short of an outright visa ban. The move comes as a team of IAEA nuclear inspectors arrived in the southern Ukrainian city…

France 24

Wholesale gas prices tumble as Europe prepares to intervene in energy markets

European Commission says it is working ‘flat out’ on emergency intervention and on longer-term structural reform

The Guardian - UK

France accuses Russia of weaponising energy after Gazprom cuts gas deliveries

France has accused Russia of using energy supplies as "a weapon of war" after Russian gas giant Gazprom reduced deliveries to French energy utility Engie.

Radio France Internationale

Germany upbeat on energy security; Russia cuts gas to France

Chancellor Olaf Scholz says Germany is well-prepared to tackle a possible energy shortage due to Russia’s squeeze on European gas supplies

The Independent UK

77 new stations: where you will be able to charge your electric car in Canberra

The ACT government has got more than it bargained for, with three companies to deliver 154 charging plugs in Canberra to make it easier to charge EVs.

The Canberra Times

Australian electricity companies not reducing emissions in line with Paris agreement goals, study finds

AGL, EnergyAustralia and Origin among businesses study says not on track to meet global climate goals to limit heating to well below 2C

The Guardian - AU

Revenues rise to £61m at Newcastle construction group Northern Bear despite industry challenges

The firm said it had a strong forward order book which should support its trading performance in the coming months

Birmingham Post

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Radio France Internationale

French energy giants call on consumers to cut energy use to off-set power shortages

The heads of France's big energy companies urged individuals and businesses to limit power consumption immediately to prepare for a looming energy crisis.

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, June 1

Reuters Redbird Capital Buys Italian Football Club AC Milan

Benzinga

This French Utility Looks To Use Google's Experimental Tech To Boost Wind Power

French utility ENGIE SA (OTC:ENGQF) looks to begin using an experimental technology from Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google to boost efficiency and power from wind farms, Bloomberg reports. Engie will be the first customer to use Google’s feature, which Google sold via its cloud division. In 2019, Google acknowledged working with DeepMind to make artificial…

Tribune News Service

As Europe jilts Russian gas, biggest US exporter puts on a high-tech show

Deep in Louisiana’s bayou country, 18 maroon canisters discharge clear, odorless methane into the air as hard-hatted engineers patrol wind gauges, solar panels and a laser surveillance system shooting beams at mirrors.

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The Independent UK

Revealed: Hundreds of millions in UK taxpayers’ money handed to companies still operating in Russia

Exclusive: British government accused of indirectly helping to fund Putin’s war with £294m contracts

Tribune News Service

Belgium to extend life of nuclear reactors by another decade

Belgium’s government will work to extend the life of two nuclear reactors beyond their original shutdown date of 2025 to secure supply amid record high energy prices.

ABC News

EV chargers for V2G and V2H to arrive in Australia within weeks, after long delays

A new kind of charger that allows an electric vehicle to be used as a giant home battery is close to going on sale in Australia. So how does it work and is it worth the price?

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