Decade

Carbon Neutral

Carbon Storage, H2 Key to China Net-Zero Goal: Shell

Investments in renewables-based electricity networks and technologies like carbon capture, utilisation and storage are needed this decade to accelerate China's …

CNOOC

Chinese Oil Major CNOOC Targets Record High Production This Decade

CNOOC set its production target at 600 million to 610 million barrels of oil equivalent (boe) for 2022, up from the 2021 target of 545-555 million boe

Offshore Wind Power

UK Firm Pursues Massive Wind Farm off Perth’s Coast

There may be up to 50 wind turbines on the horizon off Perth later this decade if Flotation Energy realises its plan for a 500-megawatt wind farm.

Carbon Emissions

China Mandates State Companies To Reduce Energy Consumption

Chinese authorities have asked that state companies reduce their energy consumption and carbon dioxide emissions by 2025 compared to 2020 levels as part of Chin…

Power Construction

World Bank $500m Loan to Modernize Bangladeshi Grid

Investment is required so electricity distribution networks can be upgraded to keep pace with an explosion in generation capacity over the last decade, and to h…

Colombia

Colombia’s Oil, Natural Gas Reserves Said Rapidly Dwindling

Colombia’s oil and gas production along with its proven reserves are falling and investment will likely fail to recover to pre-Covid-19 pandemic levels this de…

Romania

OMV Petrom to Install 1 GW of Renewables in Romania by 2030

In its EUR 11 billion investment plan for the current decade, OMV Petrom earmarked more than 35% for low and zero carbon opportunities.

Wind Power Project

India and Brazil Set to Double Wind Power Capacity in 10 Years, Fitch Says

Vietnam’s wind power capacity is forecast to increase by more than 400 per cent over the coming decade, agency says

Crude Oil

U.S. Strategic Oil Reserves Could Fall By 50% Over The Next Decade

The U.S. strategic petroleum reserve could drop by 304 million barrels over the next 10 years according to the EIA

Carbon Pricing

German Energy Plans Hinge on CO2 Pricing

The incoming German government’s plans to introduce a carbon price floor underscored its intention to use price signals to eliminate coal by the end of the dec…

Energy Investment

TotalEnergies, Eni to Invest billions in Libyan Energy Projects

France’s TotalEnergies SE and Italy’s SpA said they were ready to invest billions of dollars in Libya as the OPEC nation emerges from a decade of conflict and…

Nuclear Reactor

NASA Reveals Bold Plan to Put a Nuclear Reactor on The Moon Within 10 Years

The Moon awaits. After long decades in which no human being set foot on the lunar surface, we are heading back. And quite soon.

Solar Power Plant

Ireland Cites Need for 1.9 GW more Solar This Decade to Stay on Track for Net Zero

Although wind power dominates the renewables scene in the Republic of Ireland and the North – and even natural gas has a bigger role to play – the grid compan…

Energy Transition

COP26 Ends with Global Agreement to Speed up Action on Climate Change

The 26th global United Nations climate summit came to a successful yesterday in the UK yesterday with a global agreement to accelerate action on climate change …

Solar Power Plant

Bangladesh Aiming for 2.3 GW of Solar This Decade

The nation announced a more ambitious climate change and renewables target at COP26 in Glasgow, and will be boosted by a $160 million funding pledge from the su…