Energy

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

Energy Storage Battery

China’s Ronbay Starts Building Battery Material Plant

The project in Zunyi city has a designed capacity of 100,000 t/yr.

LNG

Chinese Joint Venture Orders Three more LNG Carriers

A joint venture between Chinese state-controlled shipowner Cosco Shipping Energy Transportation and state-owned energy firm CNPC has ordered another three LNG c…

Wind Power Project

Albania Holds the First Wind Energy Bid

Albania began bidding on its first onshore wind program on Monday with the aim of diversifying water-based energy production.

Distributed energy

Blockchain Crowdfunding Platform to Scale Solar, Mini-Grids in Sub-Saharan Africa

Engie Energy Access and Energy Web are to develop a decentralised finance crowdfunding platform to support electrification in sub-Saharan Africa.

Net Zero Emission

Devon Energy Sets Net Zero 2050 Emissions Targets, ESG Performance Goals

Devon Energy announced it is establishing new environmental performance targets focused on reducing the carbon intensity of its operations, minimizing freshwate…

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.

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.

Energy Transition

Russia’s Rosatom Seeks to Tap Global Transition to Low-Carbon Fuels

State-run nuclear monopoly steps up development of reactors, wind and energy storage and green hydrogen projects

Oil & Gas Trade

Petrobangla Signs MOU with Indian H-Energy to Import R-LNG

State-run Petrobangla has inked a memorandum of understanding with Indian H-Energy recently to import re-gasified LNG (R-LNG) through a cross-border pipeline.

Gas turbine engine

Siemens Energy to Supply Turbines to Power Turtle Creek Station

Siemens Energy will provide two SGT6-5000F turbines to power Omaha Public Power District’s new Turtle Creek Station Peaking Plant in Papillion, Nebraska.