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Crude Oil
India Raises Windfall Tax on Crude Oil
India has raised a windfall tax on crude oil to 10,200 Indian rupees ($125.22) per tonne from 9,500 rupees per tonne, a government order said on Wednesday.
South Korea
Saudi Aramco to Pump $7 Bln Into Biggest Petchem Investment in South Korea
Saudi Aramco plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products, t…
Net Zero Emission
COP27: France, Spain Latest to Pledge Halt to Gasoline-Driven Vehicle Sales
France and Spain on Thursday joined a pledge to stop sales of gasoline-driven vehicles by 2035, five years earlier than previously planned, part of efforts to a…
Hydrogen Project
COP27: Egypt and Norway to Build 100MW Green Hydrogen Plant
Plant will be built in Egypt’s Ain Sokhna region, on the Red Sea coast, and will be implemented in cooperation with Scatec, the Norwegian energy giant.
Solar Materials
51% Of Global Jinkosolar Facilities Powered by Clean Energy
Chinese solar module manufacturer JinkoSolar says it aims to have 60% of its global facilities powered by clean renewable energy by end of 2023.
Hydropower Plant
New Report Highlights Australia’s Massive Potential for Pumped Hydro
Researchers from The Australian National University (ANU) have released a detailed study outlining 1,500 additional locations across the country that could be u…
Hydrogen Production
Inpex to Trial Blue Hydrogen and Ammonia Production in Japan
Japan's biggest oil and gas explorer, Inpex Corp, said on Tuesday it will build facilities to produce hydrogen and ammonia using its domestically produced natur…
Offshore Wind Power
Japan to Resume Offshore Wind Auctions in December With Revised Rules
Japan plans to resume public auctions for offshore wind power projects in December under revised rules aimed at encouraging a wider range of operators and accel…
EU
EU Financial Watchdog Launch Fact-Finding Dive Into ‘Greenwashing’
The European Union's banking, securities and insurance watchdogs launched a joint public consultation on Tuesday to help them better understand 'greenwashing' a…
Hydrogen Production
Egypt Signs Framework Deals in Bid to Launch Hydrogen Industry
Egypt signed eight framework agreements on Tuesday to develop green hydrogen and ammonia projects, saying it aimed to become a hub for hydrogen production and w…
Net Zero Emission
Turkey Raises Greenhouse Gas Emission Reduction Target for 2030
Turkey will aim to bring its greenhouse gas emissions 41% below business-as-usual levels by 2030, raising the target from 21%, Environment Minister Murat Kurum …
Wind Turbine
Siemens Energy Won’t Pay Dividend as Siemens Gamesa Challenges Weigh
Siemens Energy on Wednesday said it would not pay a dividend for 2022, citing a widening net loss and challenges related to its struggling wind turbine division…
Crude Oil
Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA
Russian oil output is set to fall 1.4 million barrels per day(bpd) next year after a European Union ban on seaborne exports of Russian crude comes into effect, …
Hydrogen Technology
DOE and ORNL Explore Hydrogen-Powered Trains to Decarbonize the Rail Industry
Hydrogen-powered trains on track to decarbonize the rail industry.
Hydropower Plant
Asia’s Pumped Hydropower Capacity to Overtake NAWE in 2023
Developments will mostly be located in Mainland China.
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