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Electric Car

Volvo, Northvolt Team up for Electric Battery Factory

Volvo and Sweden's Northvolt have joined forces to build a new battery factory in Europe as the automaker aims to sell only fully electric cars by 2030.

Energy Investment

Aramco Closes $12.4bn Pipelines Deal with EIG-led Consortium

Sale of a 49% stake in Aramco Oil Pipelines attracted investors from North America, Asia and the Middle East

Energy Investment

UAE was the World's 15th-Biggest Recipient of Foreign Investment Last Year

The Emirates secured more capital from global investors than the UK in 2020

Japan

Japan's Central Bank to Launch Climate Change Scheme

The Japanese central bank plans to launch a new scheme this year to provide funds for Japanese financial institutions that try to combat climate change through …

Coal Trade

India's NTPC Plans No Coal Imports Again in 2021-22

India's biggest state-controlled power utility NTPC is not planning to seek new coal imports during the April 2021 to March 2022 financial year, given ample dom…

Oil Exploration

Vår Energi Makes ‘Significant’ Discovery in Balder Area

Oil and gas company Vår Energi has made a ‘significant’ discovery of oil and gas in the King and Prince exploration wells in the Balder area in the Southern …

Power Cable

National Grid Completes Construction of North Sea Link Cable

Construction work on the world’s longest subsea electric cable, the North Sea Link, has now been completed by the National Grid.

Nuclear Policy

Biden Rejects Maduro’s Call for the U.S. to End Venezuela Sanctions

President Joe Biden’s administration rejected Nicolas Maduro’s call for relief from U.S. sanctions, saying the Venezuelan leader needs to do more toward resto…

Hydrogen Project

Petroleum Refineries should Lead the Green Hydrogen Story

In the lead-up to the COP26 summit in Glasgow later this year, Green Hydrogen has started witnessing an extraordinary spike in interest amongst governments, int…

Energy Storage Battery

TAB will be the First European Producer of Lithium Cells

The TAB-Haidi company has been created with the objective of obtaining the necessary diversification of products to access new markets

Hydrogen Project

India and US Launch a Hydrogen Task Force in Clean Energy Push

This is under the US-India Strategic Clean Energy Partnership.

Solar Power Plant

Astronauts Install New Solar Panels in 6-Hour Spacewalk on International Space Station

NASA astronaut Shane Kimbrough and European Space Agency astronaut Thomas Pesquet conducted a spacewalk Sunday -- their second in the past week -- to install ne…

Oil Field

China Discovers 900m-Tonne Oil and Gas Field in Xinjiang

China has discovered a new 900-million-tonne oil and gas field in the Tarim Basin in the northwestern Xinjiang Uygur Autonomous Region after six years' intensiv…

Wind Power Project

Two Statkraft Irish Wind Farms to be Generating Power by End of 2022

Norwegian energy firm Statkraft has announced that its two new Irish wind farms will be up and running by the end of next year.

Market Analysis

Why Norway Leads In Electric Vehicles

In the Superbowl ad with Will Ferrell, the comedian punches his fist through Norway’s location in a globe of the world.