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Creating a Global Energy Alliance for People and Planet

A Global Energy Alliance for People and Planet will be launched today at COP26 to accelerate investment in green energy transitions and renewable power solution…

Hydrogen Project

Australia, South Korea Partner on Hydrogen Technology

The Australian and South Korean governments have agreed to work together on technology to increase the use of hydrogen produced from renewable sources, as part …

South Africa

South Africa Gets $8.5bn to Phase Out Coal: Update

South Africa will receive financial aid from richer countries to phase out the use of coal in power generation, the German development ministry announced today …

Coal Production

Spanish Coal-Fired Output at Highest Since January

But further upside potential for coal is expected to remain very limited, as most existing plants are on track to be permanently closed.

Natural Gas

Gazprom's Gas Production Rises in October

Russia's state-controlled Gazprom boosted gas production in October, despite exports slowing.

Offshore Wind Power

Eni Acquires Stake in Dogger Bank C Wind Project

Eni has strengthened its presence in the UK offshore wind market by entering into an agreement with Equinor and SSE Renewables to acquire a 20% stake of the 1.2…

Energy Storage System

New System by RWE and Outokumpu to Stabilise the Power Grid

RWE Supply & Trading and Outokumpu have put a new type of power generation and storage system into operation that will help to stabilise the power grid and enha…

Energy Investment

More Investment in Supply Side of Gas Need of the Hour: GECF

As the climate crisis threatens to provoke an energy crisis, the world should approach decarbonisation carefully to prevent artificial acceleration of ‘greenin…

Hydrogen Project

Green Hydrogen and Ammonia Project Planned for Kazakhstan

Kazakhstan’s hydrogen and ammonia markets are set to be boosted by a new partnership between KazMunayGas and Linde.

Net Zero Emission

G20 Leaders Reaffirm Commitment to Paris Agreement

They reaffirmed their commitment to the Paris Agreement on climate change and vowed to cooperate to reach net-zero emissions by around 2050.

Nuclear Equipment

Kursk-II Receives Its First Steam Generator

The first of four steam generators has been delivered to the Kursk-II 1 construction project, Russia's first VVER-TOI reactor unit.

Wind Power Project

Turkey Breaks Record in Wind Power Generation

With the world moving more and more towards green energy due to the climate crisis, Turkey, which has increased its renewable energy capacity, met 20 percent of…

Oil Exploration

Equinor Makes Iits 6th Norwegian Oil Discovery of 2021

Equinor EQNR.OL has made an oil discovery estimated to hold up to 62 million barrels of crude off the coast of Norway.

Crude Oil

OPEC Rejects Biden’s Call for More Oil

OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasolin…

Oil Price

Bank of America Expects $120 Oil by June 2022

Bank of America expects Brent crude to hit $120 a barrel by the end of June 2022.