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Crude Oil

UK’s Market-Defying North Sea Oil IPO Falls Flat

After braving high-level market volatility in Britain’s biggest IPO of the year, North Sea oil and gas producer Ithaca Energy warned that any further boost to …

Ammonia

ABS Green-Lights Cosco’s Ammonia-Fueled Vessel Design

COSCO Shipping Heavy Industry Co. and COSCO Shipping Heavy Industry Technology have won two approvals in principle from ABS classification society for their amm…

EUBCE — 31st European Biomass Conference & Exhibition

EUBCEThe Leading Platform for Global Biomass InnovationEUBCE isthe largest biomass conference and exhibition in the world.Each year, EUBCE brings together the g…

COP27: $1bn Signed for Grid-Based Projects ‘in Asia and Beyond’

A strategic investment partnership will see AIIB and GEAPP mobilise up to $1 billion and identify co-financing opportunities for projects and programs of common…

Hydrogen Project

Landmark Green Hydrogen Project Launched at COP27

A green hydrogen project in Ain Sokhna Egypt has been commissioned by project owners Fertiglobe, Scatec, Orascom Construction and The Sovereign Fund of Egypt.

United States

Chevron and JERA Jointly Pursue Lower-Carbon Solutions in the US and Asia Pacific

Chevron New Energies, Chevron’s unit focusing on low-carbon fuels, and Japanese energy giant JERA have agreed to collaborate on multiple lower-carbon opportuni…

ACWA Power Net Profit Surges 110% YoY in First 9 Months of 2022

Its operating income before impairment loss and other expenses grew by 11% YoY.

Energy Transition

Panama, Uruguay, and Norway Join Clean Energy Marine Hubs Initiative at COP27

The governments of Panama, Uruguay, and Norway have signed up to the Clean Energy Marine Hubs Initiative, a worldwide cross-sector initiative aimed at catalyzin…

Mauritania

Bp and Mauritania to Explore Green Hydrogen at Scale

bp has signed a memorandum of understanding (MoU) with the Government of Mauritania.

Crude Oil

EIA Cuts World Oil Demand Growth for 2023

The U.S. Energy Information Administration has slashed its world oil demand growth forecast for next year as President Biden lashed out at oil companies for not…

Wind Farm

COP27: UAE and Egypt Agree to Build One of World's Biggest Wind Farms

The presidents of the United Arab Emirates (UAE) and Egypt witnessed the signing of an agreement on Tuesday to develop one of the world's largest onshore wind p…

Hydrogen Production

Fortescue Metals to Help Develop Green Fertiliser Supply Chain in Kenya

Australia's Fortescue Metals Group said on Tuesday its green energy unit will help fast-track the development of an affordable green fertiliser supply chain in …

EUBCE 2023 In-person & Online!

Submit an abstract by 18 November to lead the conversation!

Net Zero Emission

ReNew Power Aims to Reach Net Zero by 2040

It avoided over 11 million tonnes of carbon emissions in the past year.

Targeted RE Capacity Needs to Be Doubled by 2030 to Reach Climate Goals

Total capacity needs to reach 10.8TW from the current target of 5.4TW.