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Oil&Gas Drilling

Turkey Starts Drilling Second Well in Black Sea

Turkey has begun drilling a second borehole on the Sakarya natural gas field in the Black Sea where it made its largest-ever discovery earlier this year with th…

Energy Technology

Developments in Offshore Wind Technology

By some estimates, offshore wind energy has the potential to deliver 18 times the current global electricity demand.

Energy Investment

China: PetroChina Low Carbon Investment

PetroChina Q3 briefing included the annoucement to invest us$1.5bn annually between 2021 & 2025.

Wind Turbine

Stocks Of Major Wind Turbine Makers Slump Amid Election Uncertainty

Shares of major wind turbine manufacturers slumped on European markets on Wednesday as the U.S. presidential election—with the two candidates differing strongl…

Wind Farm

COVID-19: Akuo Suspends 132MW Oz Wind Project

Developer is not ‘actively pursuing’ Granite Hills in NSW as a consequence of ‘increased business uncertainty’

Oil Price

Oil Price Headed up Towards $50 per Barrel in 2021: S&P Global Platts

Brent crude, the global benchmark for oil prices, is likely to remain around $40 per barrel in the rest of the current calendar year but could be headed towards…

Market Analysis

Proposed $16B Project Combines World’s Largest PV Farm, Largest Battery, Longest Undersea HVDC Cable

Here’s a high-level cost estimate of what transmitting solar power underneath an ocean might cost for the proposed $16 billion Australia–ASEAN power line.

Market Analysis

Six Key Ways Sub-Saharan Africa can Address COVID-19 and Climate Change

Rocky Mountain Institute has released a new report highlighting six key measures governments in Sub-Saharan Africa can address the impacts of COVID-19 and clima…

Smart Energy

Cities and Community Investment in Smart Energy to Hit $64 billion by 2030

Research firm Guidehouse Insights predicts the global market for smart energy technologies to expand at a compound annual growth rate of 10% between 2020 and 20…

Paris Climate Agreement

The U.S. Officially Quits The Paris Climate Agreement

As of Wednesday, the United States has officially left the Paris Agreement, as U.S. President Donald Trump promised in 2017.

Hydrogen Project

EIT InnoEnergy Launched the European Green Hydrogen Acceleration Centre Initiative

Sustainable energy company EIT InnoEnergy has launched the European Green Hydrogen Acceleration Centre (EGHAC) initiative, aimed to support the development of a…

Italy

Enel Announces New 2030 Gas Emissions Reduction Target

Italian multinational energy company Enel has committed to an 80% reduction in its direct greenhouse gas emissions per kWh by 2030, from a 2017 base-year.

Energy Transition

Maldives Renewables Transformation Receives $10m Boost

The Asian Development Bank is increasing its financial aid to support the Maldives in securing its energy supply, modernise the grid, and decarbonise its genera…

Oil Field

Sudan to Start Producing Oil at Al-Rawat Oilfield within Two Weeks

Sudan has been trying to lift oil production to lower costly fuel imports after losing 73% of oil output when South Sudan seceded in 2011.

Hydropower Plant

Centre Approves Rs 1,810 cr Investment for Himachal Hydro Project

The Cabinet Committee on Economic Affairs on Wednesday approved the investment of Rs 1,810.56 crore for the 210 MW Luhri Stage-I Hydro Electric Project located …