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Oman

Incident with Multiple Tankers in Gulf of Oman Raises Concerns in Oil Market

The status of at least four tankers in the Gulf of Oman is uncertain and another was reportedly hijacked by gunman believed to be from Iran.

Carbon Emissions

Oil-Producing Oman Pledges 2% Emissions Reduction by 2030

Struggling to balance its budget as the coronavirus pandemic hits oil revenues, Oman is looking to diversify the economy and cut electricity subsidies

Energy Security

UK Summons Iranian Envoy Following Oil Tanker Attack

In response to Monday's development, Iran has also summoned the British charge d'affaires in Tehran

Carbon Neutral

POSCO Joins Forces with Australian Mining Company Roy Hill for Carbon Neutrality

POSCO will cooperate with Australian raw material supplier Roy Hill to achieve carbon neutrality.

Carbon Neutral

Lidl Commits To Achieve Carbon Neutrality By 2022

Part of the Schwarz retail group and one of Europe’s leading food retailers, Lidl has announced ambitious climate targets to become carbon neutral by 2022.

Oil Field

New Oil Field Comes Online Offshore Malaysia

Petronas has announced that the East Cendor field in Block PM304, offshore Malaysia, has achieved first oil production.

Offshore Wind Power

Doosan Heavy to Develop 8-MW Floating Offshore Wind Turbine

South Korean power plant builder Doosan Heavy Industries & Construction Co. has announced the development of an 8-megawatt floating offshore wind turbine.

Geothermal Power Plant

World Bank Funds Geothermal Exploration in Saint Lucia

The World Bank Board of Executive Directors has approved $21.9 million for the Renewable Energy Sector Development Project for the Caribbean island nation Saint…

Thermal Plant

Ansaldo Energia Lays Foundation for German Thermoelectric Plant

Ansaldo Energia has successfully implemented the project despite several challenges caused by the pandemic.

Hydrogen Project

Hydrogen Technology Cluster Under Development in Bell Bay, Australia

The Tasmanian Liberal Government has committed an additional $100,000 to develop a regional hydrogen technology cluster at the Bell Bay Advanced Manufacturing Z…

Oil Field

China’s First Deepwater Oil Project Reaches Full Capacity

China has launched full-capacity production at its first independently developed deepwater oil project, which is located in the eastern section of the South Chi…

Hydrogen Project

Hungary: Hydrogen Plant to be Developed at an Underground Gas Storage Facility

A hydrogen plant is set to be built in an underground gas storage facility own by Hungarian Gas Storage – and it is being supported by the Hungarian Government…

Hydrogen Production

Andritz and MAN Energy Solutions to Produce Hydrogen from Hydropower

Andritz Hydro and MAN Energy Solutions are teaming up to develop projects that will produce hydrogen from hydropower, with a pilot project in Europe set to mark…

Hydrogen Project

AmmPower to Provide Green Ammonia Energy Solutions to Brazil’s Porto Central

Vancouver-based AmmPower Corp. has entered into a memorandum of understanding with Porto Central in Brazil’s state of Espírito Santo, for the development of a…

Crude Oil

Cambodia Stops Offshore Oil Extraction After KrisEnergy goes Bankrupt

Cambodian Prime Minister Samdech Techo Hun Sen said on Sunday that the kingdom's first-ever oil extraction had come to a full stop after Singapore-based oil and…