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Dec
Energy Transition
BlackRock Tells UK ‘No’ to Halting Investment in Coal, Oil and Gas
BlackRock, the world's biggest asset manager, told a British parliamentary committee that it will not stop investing in coal, oil and gas, and that its role was…
Offshore Wind Power
U.S. To Hold Offshore Wind Power Rights Sale off California Coast in December
President Joe Biden's administration on Tuesday said it would hold the first ever sale of offshore wind development rights off the coast of California on Dec. 6…
Carbon Emissions
Cement Industry Needs Economic Incentives to Drive Decarbonisation
The cement industry has the technology to decarbonise, however, it lacks the economic incentives and therefore lacks the drive to act.
Crude Oil
Saudi Arabia, United States Clash Over Reason for OPEC+ Oil Cut
Saudi Arabia rejected as "not based on facts" criticism of an OPEC+ decision last week to cut its oil production target despite U.S. objections.
Carbon Emissions
Exxon Signs With Top Ammonia Maker as Its First Client for Decarbonization Business
Exxon Mobil Corp's fledging low carbon energy business on Wednesday struck its first commercial carbon storage deal under an effort to target a projected multi-…
Ammonia
ACWA Power, KEPCO Ink Deal for Green Hydrogen, Ammonia Projects Development
The partnership is aimed to decarbonise the operations of KEPCO.
Microgrid
Mapping Europe’s Microgrids to Ensure Effective Regulation
University of Groningen doctoral researcher Jamie Behrendt has started mapping existing and developing microgrids across Europe.
OPEC
Prices at the Pump Are Ticking Higher After OPEC Decision
Gasoline prices in the United States have jumped over 3% since OPEC’s decision last week to cut output by 2 million barrels per day in November, reversing the …
Natural Gas
The World’s Longest Offshore Gas Pipeline Could Get the Green Light Next Year
Nigeria, Morocco, and their partners expect to make a final investment decision next year on what would be the world’s longest offshore gas pipeline from Niger…
Carbon Emissions
World Bank to Launch New Trust Fund for Emissions Reduction Grants
The World Bank said on Monday it is launching a trust fund aimed at pooling public funds to provide grants for projects to reduce carbon emissions, including de…
Ammonia
ARENA Provides Fund for Project to Decarbonise Ammonia Plant Through Hydrogen
The government granted $13.7m to the project worth $38m.
Carbon Emissions
NTPC to Decarbonise Gas Power Plant
This includes the project for 5% co-firing of hydrogen at the Kawas gas power plant.
OPEC
OPEC Oil Cuts Bad for Global Economy, Treasury Secretary Janet Yellen Tells Financial Times
U.S. Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was "unhelpful and unwise" for the global economy, especially e…
OPEC
Oil Jumps 4% to 5-Week High Lifted by OPEC+ Output Cut
Oil prices jumped about 4% to a five-week high on Friday, lifted again by an OPEC+ decision this week to make its largest supply cut since 2020 despite concern …
Crude Oil
Putin Orders Seizure of Exxon-led Sakhalin 1 Oil and Gas Project
Russian President Vladimir Putin signed a decree on Friday that establishes a new operator for the Exxon Mobil Corp-led Sakhalin-1 oil and gas project in Russia…
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