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Energy Investment
UK Funds 254MW Clean Energy Projects in South Africa
UK Government’s International Climate Finance programme, UK Climate Investments, has financed a total of 254MW of clean energy projects in South Africa.
Oil Price
India and Saudi Arabia Spar Over Oil Prices
The decision by OPEC+, the Organization of the Petroleum Exporting Countries and its allies, at the start of this month to leave output unchanged despite a near…
ITER
Scientists will Test the World’s First Nuclear Fusion Reactor This Summer
The International Thermonuclear Experimental Reactor will, if things go according to plan, move one step closer to becoming the world’s first functioning nucle…
Electricity Trade
Kyrgyzstan and Uzbekistan Reached a Power Swap Agreement
According to news from the Press Center of the Ministry of Economy and Finance of Kyrgyzstan, Kyrgyzstan and Uzbekistan recently reached an agreement on power s…
Coal Mine
New Coalfield Discovered in North Korea
A coalfield with an estimated deposit of dozens of millions of tons has recently been found in the northern part of South Phyongan Province in the Democratic Pe…
Oil & Gas Trade
Sinopec Signs 10-Year Deal with Qatar Petroleum for 2 m tons of LNG
China Petrochemical Corp, or Sinopec Group, has signed a long-term purchase and sales agreement with Qatar Petroleum to buy 2 million tons of LNG from Qatar Pet…
Net Zero Emission
University of Michigan OKs 'Net Zero' Carbon Emission Plan
he plan does not promise a complete ban on companies with ties to fossil fuels, although university President Mark Schlissel said they gradually would "head dow…
Wind Power Project
Global Wind Power Growth must Triple over Next Decade to Achieve Net Zero
2020 was a record year for the global wind power industry, but a new report published by GWEC warns that the world needs to install new wind power capacity thre…
Oil & Gas Trade
Fourteen U.S. States Sue Biden Administration over Oil and Gas Leasing Halt
In an attempt to challenge the pause on new oil and gas leasing on federal lands and waters, 14 U.S. states have filed lawsuits against President Joe Biden’s a…
Hydrogen Project
Faurecia Continues Hydrogen Expansion with New €165m 4.0 Platform
One of the world’s leading automotive technology companies, Faurecia, is constructing a new €165m ($195m) state-of-the-art industrial facility in the Bourgogn…
Net Zero Emission
Emerson Joins European Clean Hydrogen Alliance
Strengthening its commitment to environmental sustainability, global engineering and technology company Emerson has joined the European Clean Hydrogen Alliance.
Power Construction
Zambia Launches Blueprint to Enhance Electricity Generation
Zambia on Wednesday launched an ambitious plan aimed at increasing electricity generation in the southern African nation.
Nuclear Fusion
China Launches Key Project to Advance Nuclear Fusion
The Southwestern Institute of Physics has officially launched a key project in Chengdu City, capital of southwest China's Sichuan Province, to advance global nu…
Geothermal Power Plant
GreenFire Energy and EDC Team up on Geothermal Project in the Philippines
GreenFire Energy Inc. has announced that it has entered into an agreement with EDC to perform a commercial retrofit that will restore and generate steam from an…
Biobattery
Japan's BPA Eyes Biomass As Coal Alternative
Japan's biomass power association is promoting the use of biomass as a replacement fuel to make up nearly half of the insufficient coal-fired power capacity to …
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