Energy

Energy Subsidies

German Reactions to the COP26 Climate Summit Results

The UN climate summit COP26 in Glasgow has heralded in the end of the fossil fuel era, said German environment minister Svenja Schulze shortly after the confere…

Energy Investment

Korea Needs to Invest More to Meet Wind Power Target

South Korea is in need of more aggressive investment in renewable energy sector in order to achieve its offshore wind capacity goal by 2030 and address the coun…

Electric Car

Amount Of EVs In US Has Risen From 16k To 2 Million In 10 Years

A staggering rise in EV uptake has occurred since 2011, largely thanks to Tesla.

Floating Solar Project

NTPC Kawas to Develop Floating Solar Plant

Aiming to migrate from traditional energy resources, NTPC Kawas in Hazira is setting up a 56 MW solar power plant whichis likely to be completed by March 2022.

Energy Security

Residents to be Evacuated After Oil Refinery Tank on Fire in Indonesia's Central Java

An oil refinery tank in Indonesia's Central Java province caught fire on Saturday night, and residents living around the facility would be evacuated as firefigh…

Hydrogen Fuel Cell Vehicle

Ballard Strengthens Systems Integration Capabilities with Arcola Energy Acquisition

Ballard is strengthening its global systems integration capabilities for hydrogen-powered vehicles with the acquisition of UK-based Arcola Energy.

India

India Looks To Increase Oil Production By Selling Stakes In Oilfields

India, which imports around 80 percent of the oil it consumes, is looking to boost its domestic oil production and has reportedly asked its state-owned producer…

Energy Investment

Chevron Invests in Australian Lower-Carbon Projects

The Australian unit of US oil major Chevron, the operator of the Gorgon LNG project, will invest $29 million investment in Western Australian lower-carbon proje…

Wind Farm

Amancio Ortega Partners with Repsol for Its Investment in Wind Power

The owner of Zara breaks into the Aragonese renewable energy business through the Pontegadea investment fund with the purchase from Repsol of 49% of a wind farm…

Natural Gas

At COP26, GECF Reminds the World “Energy for All” Achievable with Natural Gas

The Gas Exporting Countries Forum, the global platform of the leading gas producing nations, has urged the international community gathered in Glasgow.

Power Cable

NKT Finalizes the Grid Connection of the Moray East Offshore Wind Farm in Scotland

NKT continues to support the transition to renewable energy in the UK by completing the power cable system connecting the 950 MW offshore wind farm Moray East t…

Oil Shale

Petrobras Sells Shale Oil Unit to Canadian Bank

Brazil's state-run oil company Petrobras signed a contract to sell its Shale Industrialization Unit for $33 million to Forbes & Manhattan Resources

Oil Field

Tullow Oil Set to Increase Stake in Oil Fields in Ghana

Company is exercising its pre-emption rights related to sale of Occidental Petroleum’s interests to Kosmos Energy

Energy Taxation

Biden, Pushing Tax Breaks for Electric Vehicles, to Visit GM Factory

U.S. President Joe Biden will visit a Michigan General Motors electric vehicle plant next week as the White House pushes Congress to approve big tax incentives …

EV Market

Subaru Reveals the Solterra SUV, Its First Electric Vehicle

Here’s our first good look at the 2022 Subaru Solterra, the Japanese automaker’s first electric vehicle. Coming to the US, Canada, and Europe in 2022.