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Energy Investment

‘First-ever’ Blue Bond in MENA Region Sees Light of Day

Dubai-based terminal operator DP World has issued a staggering $100 million blue bond, becoming the first company in the Middle East to mark this ‘milesto…

Decarbonization

MHI-Imabari JV Changes Name to Better Respond to Maritime Decarbonization

MI LNG Company, a joint venture company established by Japanese giants Mitsubishi Heavy Industries (MHI) and Imabari Shipbuilding, is to be renamed as the compa…

Electric Vehicles

Nio Budget Brand Firefly Unveils First EV and It Looks Familiar

Nio wants Firefly to be a global brand selling cars in Europe and the Americas but not in the U.S. for now.Photo by: NioNio has just revealed the first electric…

Carbon Capture

Scottish Startup Inks ‘Landmark’ Deal for EU’s First Operational CO2 Storage Facility

Scottish startup The Carbon Removers has secured what it says is a landmark deal for CO2 storage as part of Project Greensand in the Danish North Sea.The Carbon…

Energy Investment

Gazprom Greenlights $15 Billion Investment Plan to Bolster Gas Production Capacity

The board of directorates of Russia’s giant Gazprom has given its seal of approval for the firm’s projected investment program and budget for next y…

Wind Farm

Mingyang Smart Energy and BASF Begin Offshore Wind Farm Construction in China

Mingyang Smart Energy has announced the start of construction on the first Sino-German offshore wind farm in partnership with BASF Zhanjiang, located in Zhanjia…

Battery

Batteries Set to Drive Rapid Photovoltaic Growth

Chemical battery storage, led by lithium, has made such significant strides in terms of cost, capacity and technology that batteries are now positioned to accel…

Service Operation Vessel

France Experiences Wind Propulsion Boom in 2024

The French wind propulsion industry witnessed strong growth in 2024. The country’s sailing fleet now comprises eleven large cargo ships, with four new win…

Photovoltaic （PV）

Voltalia Starts 100MW PV Build In Albania

Voltalia has commenced construction of the 100MW Spitalla solar farm in the Durres region of Albania.70% of electricity generated is due to be sold under a publ…

Ethanol

More Sustainable Tires in Sight as PNNL and Bridgestone Team Up

In the near future, rubber tires on cars, trucks, airplanes and more could be made from plant matter, waste and recycled tires.The Department of Energy’s …

Green Hydrogen

CHAR Technologies Announces Wins Funding for Saint-Félicien Biocarbon and Green Hydrogen Project

CHAR Technologies, a leader in sustainable energy solutions, is pleased to announce that the Government of Québec, through the Programme Innovation Bois,…

Oil Exploration

Occidental Petroleum’s Subsidiary Secures Oil and Gas Permit off Colombia

Colombia's national environmental licensing agency (ANLA) on Friday said it has awarded an environmental license to Anadarko Colombia Company, a subsidiary …

Natural Gas

Kuwait’s Petroleum Exploration Firm Begins Withdrawal From Pakistan

Kuwait Foreign Petroleum Exploration Company (KUFPEC) has begun its exit from Pakistan’s oil and gas sector, citing extensive circular debt and prolonged …

Oil Price

Oil Prices up in Thin Pre-christmas Trade

Oil prices were up on Tuesday in thin trade ahead of the Christmas Day holiday, with prices supported by U.S. economic data and rising oil demand in India, the …

Oil&Gas Drilling

UAE’s Adnoc Boosts Drilling Capabilities With 2 New Jack-up Rigs

The Abu Dhabi National Oil Co. has received two new jack-up rigs, reinforcing its position as one of the largest drillship fleet owners globally.ADNOC Drilling …