The com

Oil&Gas Drilling

Nigeria’s Rig Count up as OPEC Warns of Uncertainty from Impact of Ukraine Conflict

The Organisation of Petroleum Exporting Countries (OPEC) has kept its key oil market projections for 2022 unchanged, but it expects to adjust the forecasts in t…

Net Zero Emission

Honda to Test Fuel Cell Power Station at California Site

Honda will begin testing its zero-emissions fuel cell power station at its corporate campus in Torrance, California in early 2023, the company announced.

Hydrogen Fuel Cell

Adani, Ballard Ink MoU for Hydrogen Fuel Cells Commercialisation in India

Adani Group and Ballard Power Systems entered a non-binding memorandum of understanding (MoU) last month to evaluate the commercialisation of hydrogen fuel cell…

Offshore Wind Power

GE Exec Expects Rebound for Renewables

The leader of General Electric’s (GE’s) global energy business said the company expects its power and renewable energy units should be profitable in 2023, and…

Oil Price

Indian Govt to Take all Measures to Provide Relief to Consumers from High Fuel Prices: Puri

Amid skyrocketing global oil prices, Union Minister Hardeep Singh Puri on Monday said the government will take all required measures in the coming months to ens…

Coal Company

MCL Becomes the Largest Coal Producing Company in India

On March 12, 2022, the company produced 7.62 lakh tonne of dry fuel which is the highest in a day during the current financial year reaching 157.7 MT with a gro…

Net Zero Emission

Shell Directors May Face Lawsuit over Climate Transition Plans

Environmental lawyers ClientEarth said on Tuesday they were preparing legal action against the directors of Shell over the company's climate transition plan.

Russian Federation

Norway's Equinor Confirms Trading Halt in Russian Oil

Norwegian state oil company Equinor said on Monday it will stop trading in Russian oil as the company shuts down operations in Russia following its invasion of …

Australia

Australian Billionaires Put More Money into $15 Bln Solar Power Export Project

Australia’s two richest men joined a A$210 million ($152 million) capital raising for an ambitious project to supply Singapore with solar power via an undersea…

Oil Pipeline

Marathon Petroleum Shuts Oil Pipeline After Leak in Illinois

Marathon Pipe Line Inc. has shut down a pipeline in Illinois that leaked crude oil into a local canal, the company said on Last Saturday.

Gas Turbine

GE Turbines Will Power New 2-GW Gas-Fired Plant in China

A new 2-GW natural gas-fired power plant in China, being built to support the coming retirement of a large regional coal-fired complex, will feature three GE 9H…

Energy Transition

Post-Merger with Aker BP, Lundin Energy Leaving Behind Oil & Gas Business to Focus on Renewables

Following the completion of the merger of Aker BP’s and Lundin Energy’s E&P businesses, the latter will remain with renewable energy assets, focusing on creat…

Oil Shale

U.S. Shale Producers Oasis, Whiting to Merge in $6 Bln Deal

U.S. shale oil and gas producers Oasis Petroleum Inc OAS.O and Whiting Petroleum Corp WLL.N will merge in a $6 billion deal, the companies said on Monday.

Wave Energy

Mocean Energy Secures Funds to Advance Blue Star Wave Technology

Scottish wave power firm Mocean Energy has secured $978,711in equity funding from private and public funders to accelerate the commercial roll-out of its wave e…

Israel

Israel Electric, UAE's Energroup to Partner on Hydrogen Generation

State-owned Israel Electric Corp (IEC) (ISECO.UL) and UAE-based sustainable investment firm Energroup signed a preliminary deal to develop blue and green hydrog…