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World Future Energy Summit

"The World's Leading Business Event for Future Energy and Sustainability"

Oil Price

Oil Prices Stuck In Limbo As Uncertainty Mounts

Oil prices are unlikely to move much higher from the current levels in the low $40s, at least not for the rest of the year.

Coal Production

What Would A Biden Presidency Mean For Coal?

The United States is expected to see an acceleration in renewables development and an effort to reverse the loosening of emission restrictions made by the Donal…

Energy Storage Project

COVID-19 Hits Profitability of ENGIE Energy Storage Subsidiary

ENGIE EPS incurred increases in operating expenses and extraordinary costs due to COVID-19 which “more than offset” an increase in revenues that ENGIE’s ener…

Hydrogen Fuel Cell

Ballard and MAHLE Partner of Fuel Cell Propulsion Systems

Ballard Power Systems and MAHLE will develop and commercialise fuel cells systems to provide primary propulsion power for commercial trucks.

Hydropower Plant

World Bank Helps Finance Khyber Pakhtunkhwa Project, Pakistan

The World Bank has approved $450 million in financing for the Khyber Pakhtunkhwa Hydropower and Renewable Energy Development Project in Pakistan.

Solar Power Plant

Abengoa Advances in the Construction of the World's Largest Solar Complex in Dubai

Phase IV of MBR Solar Park is currently under development by Noor Energy 1 PSC, a company owned by DEWA, ACWA Power, and Silk Road Fund.

Oil&Gas Drilling

Total Moves Tyra Project Into the Next Phase Following Jacket Installation

French oil major Total has installed two new jackets for the Tyra field redevelopment project located in the Danish North Sea.

Oil Field

Equinor Plans $2 Billion Breidablikk Oilfield Development

Equinor and its partners in Norway's Breidablikk oil discovery have agreed on an 18.6 billion Norwegian crowns development plan for the North Sea field.

Clean Energy Transition

China Issues Report on Efforts to Promote UN Sustainable Development Goals

Presenting the country's exploration and practice of using science and technology innovation to help meet the goals of UN 2030 Agenda for Sustainable Developmen…

Coal-Fired Power Plants

KB Financial is the First Korean Bank to Stop Funding Coal-Fired Power Projects

The bank makes the announcement the week after Korea declared a climate crisis and set a 2050 target to achieve net-zero emissions.

Iraq

Iraq Plans To Boost Power Capacity With An Additional 3GW

Iraq’s electricity ministry has revealed the country’s plans to boost its power capacity with an additional 3 gigawatts.

China Belt and Road

China and Greece Pledge Joint Work on Belt and Road Initiative

China and Greece have pledged to further develop relations between the two countries and jointly work on the Belt and Road Initiative.

Hydrogen Fuel Cell Vehicle

Hyundai Develops Hydrogen-Powered Forklifts

Hyundai Mobis, along with Hyundai Motor and Hyundai Construction Equipment, has successfully developed a hydrogen-powered forklift.

Microgrid

PXiSE, Toshiba Form Alliance Targeting Japanese Microgrid Market

PXiSE Energy Solutions and Toshiba Energy Systems & Solutions have formed an alliance to develop microgrids, with an initial focus on Japan and growing to the g…