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Oil Price

Oil Settles Volatile Week Below US$105

In the past week, the price of US crude oil, which briefly topped US$130 a barrel amid concerns that the conflict in Ukraine will squeeze energy markets, eased …

Net Zero Emission

IHA Launches Global Campaign for Hydropower Investment

​The International Hydropower Association (IHA) launched a global campaign calling for urgent investment in hydropower to address climate change, accelerate ne…

Tidal Energy

Investment in Tidal Energy Is Growing

Following the pandemic, interest and investment in tidal and wave energy projects went above and beyond pre-pandemic levels.

Oil & Gas Supply

IEA Unveils 10-Point Plan to Cut Oil Supply Crunch

The new report also includes recommendations for decisions to be taken now by governments and citizens to transition from the short-term emergency actions inclu…

Electric Car

Porsche Sets Goal for 80% of Sales to Be Electric by 2030

Porsche has updated its electrification goal today with the release of its financial results. The German automaker now sets a goal for 80% of sales to be all-el…

Electric Car

BMW Aims to Sell over 2 Million Electric Vehicles by the End of 2025

BMW announced that it is ramping up its e-mobility targets, “confirmed by the success of its all-electric models to date”.

Oil Price

Diesel Price for Bulk Esers Hiked Rs 25/litre; Private Retailers Stare at Closure

Petrol pump sales have jumped by a fifth this month after bulk users like bus fleet operators and malls queued up at petrol bunks to buy fuel rather than the us…

Rooftop PV System

Alibaba Logistics Arm Generates Solar Power From Warehouse Rooftops

Cainiao Network, the logistics arm of Chinese multinational Alibaba Group, has started using electricity generated from a warehouse rooftop solar PV system.

Wind Turbine

GE's Produces World's Largest Recyclable Wind Turbine Blade

Through its massive wind turbines and innovative offshore designs, GE continues sharpening its toolkit in a bid to built the future of sustainable energy, and a…

Oil Exploration

Proceeds of Oil and Petroleum Exploration to be Equally Divided Between States in DAB

Chief Minister of Assam has positively indicated for equally dividing the proceeds of Petroleum and Oil exploration and extraction between the two states in sec…

Joe Biden

EU to Mull Russian Oil Embargo with Biden Set to Join Talks

EU governments will consider whether to impose an oil embargo on Russia over its invasion of Ukraine as they gather this week with Joe Biden for a series of sum…

Oil Price

Oil Climbs on Pressure From Ukraine Conflict, Tight Market

Oil prices jumped $2 on Monday as Ukrainian forces dug in against heavy Russian attacks, while major oil producers reported they are struggling to produce their…

Geothermal Power Plant

Significant Increase in Geothermal Development in Kenya

With an installed capacity of 863 MW, geothermal produced around 48% of all electricity supplied in Kenya in 2020/ 2021.

Hydrogen Project

European Investment Bank Looking to Invest in Hydrogen Projects

The European Clean Hydrogen Alliance has announced a call to action for projects in the hydrogen sector to submit proposals by 5 April 2022 for funding from the…

IEA: Increasing Renewables in Moldova’s Energy Mix Is Key

The International Energy Agency (IEA) has released a report and roadmap for Moldova to guide their system integration of renewables.