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Xi Urges Concrete Actions to Address Climate Change, Energy Issues

Chinese President Xi Jinping on Sunday called on the international community to take concrete actions to address climate change and energy issues.

Nuclear Power Plant

Akkuyu 4 Nuclear Reactor Obtains Construction Licence

Akkuyu is a new nuclear power plant on Turkey’s Mediterranean coast with three VVER-1200 reactors designed by Rosatom subsidiary Gidropress already under const…

Oil Field

Serica Announces Delay of Columbus Production Start-up

UK oil and gas company Serica Energy has confirmed the start-up of production at its Columbus field located in the Central North Sea will be delayed.

Oil Price

UAE Petrol Prices to Rise in November

Motorists across the Emirates will face a further increase for both petrol and diesel

Nuclear Policy

US, Europe Sound Warning to Iran on Future of JCPOA

The two most significant steps — the production of highly enriched uranium and enriched uranium — are "important to nuclear weapons programs" and have "no cre…

Oil Price

Mideast Gulf Gasoline Premium at More Than Decade High

The Mideast Gulf gasoline premium rallied to a more than ten-year high, on the back of strength in the Asian gasoline market and unplanned refinery outages east…

Net Zero Emission

G-20 Leaders Tackle Climate Change As Summit Ends

The Group of 20 countries, which represent more than three-quarters of the world's greenhouse gas emissions, are looking for common ground on how to reduce emis…

Hydrogen Project

JCB Signs Green Hydrogen Deal Worth Billions

Construction equipment maker JCB has signed a deal to buy billions of pounds of green hydrogen, defined as hydrogen produced using renewable energy.

Coal-Fired Power Plants

G-20 Leaders Pledge to End Financing for Overseas Coal Plants

The leaders issued their final communique Sunday at the end of a two-day summit, ahead of talks at a broader U.N. climate change summit, COP26, this week in Gla…

Wind Power Project

Two Chinese Companies to Build 84 MW Wind Farm Near Tomislavgrad

The construction of wind farm Ivovik, with an installed capacity of 84 MW, is set to begin next year, the Chinese investors said in a recent meeting with the lo…

Energy Investment

Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments

President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.

CCS

ExxonMobil Eyes Building CCS Hubs in Southeast Asia

ExxonMobil is looking to build carbon dioxide capture hubs in some of southeast Asia's heavy industrial areas such as Singapore and connecting them to storage s…

Net Zero Emission

Ørsted Becomes the First Energy Company in the World with Long-Term Science-Based Net-Zero Target

The Science Based Targets initiative has launched the Net-Zero Standard as the world’s only framework and leading standard for aligning corporate net-zero targ…

Joe Biden

Biden Likely To Arrive Empty-Handed At COP26 Climate Summit

COP26 begins on Sunday in Glasgow

Natural Gas

Energy Crisis: The Price of Natural Gas in Europe has Plummeted Due to Putin’s Big Announcement

The European Directorate General for Competition has once again started sniffing around Gazprom’s house, looking for signs of possible market manipulation and …