Cop

Wind Farm

COP27: UAE and Egypt Agree to Build One of World's Biggest Wind Farms

The presidents of the United Arab Emirates (UAE) and Egypt witnessed the signing of an agreement on Tuesday to develop one of the world's largest onshore wind p…

UN Chief: ‘the Answer Is in Our Hands’

During his speech at COP27, António Guterres said that “we are losing the fight of our lives” against climate change.

Carbon Emissions

COP27: UAE Says Will Carry on Pumping Oil Responsibly

The United Arab Emirates will be a responsible supplier of oil and gas for as long as the world needs.

Carbon Emissions

COP27 Kicks off With Deal to Discuss Climate Compensation

Move to formally discuss issue followed late-night talks.

Egypt

Gates Foundation Gives $1.4 Bln Climate Help to Smallholder Farmers

The Bill & Melinda Gates Foundation has pledged $1.4 billion to help smallholder farmers cope with the impacts of climate change, part of efforts at global clim…

Carbon Pricing

IMF Chief Says $75/Ton Carbon Price Needed by 2030

The price of carbon needs to average at least $75 a ton globally by the end of the decade for global climate goals to succeed.

Carbon Neutral

World’s Greenest Warehouse to Be Built in Sweden

The project will lead the way to urgent CO2 reductions as called for by COP27.

Carbon Emissions

Brazil's Lula Hopes to Unite Rainforest Nations, Tap Funding at COP27

A new alliance of rainforest nations - sought by Brazil's President-elect Luiz Inácio Lula da Silva - could be key to unlocking conservation funding and bolste…

Wind Farm

CNOOC Limited Announce Wind Farm in China

ConocoPhillips China and CNOOC announced the commencement of the Penglai offshore wind farm on Sunday during the fifth China International Import Expo held in S…

COP27 to Formally Discuss Climate Compensation for Poorer Nations

COP27 delegates agreed on Sunday to discuss whether rich countries should compensate poorer nations most vulnerable to climate change at the United Nations clim…

Net Zero Emission

UK Regulator Scraps CoP Reports Requirement to Bolster Energy Security

UK’s regulator, the North Sea Transition Authority (NSTA), says that the industry will make significant savings in time and money following its move to cut red…

Alok Sharma Calls for Increased Windfall Tax After BP Bumper Profits

Cop26 president says 'excessive profits' must be treated in 'the appropriate way' when it comes to taxation.

United Kingdom

Rishi Sunak Could Still Be at COP27

Downing Street has said his position of not being at the climate summit is “under review”

Energy Transition

IRENA Rolls out Indonesian Energy Transition Roadmap

As climate concerns mount, and the world looks to gather in Egypt at COP27 in early November to deliver a collective response to the crisis.

LNG

QatarEnergy Names ConocoPhilips Partner for LNG Expansion Project

QatarEnergy's chief executive on Sunday named ConocoPhillips (COP.N) as the third and final partner on the Gulf Arab state's North Field South expansion, part o…