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Oil & Gas Trade

Russia to Lose $4 Bln Tax Take as It Reverses Cut In Refining Subsidy

Russia's hasty restoration of a "damper" subsidy for oil refiners will not only cost the state budget 400 billion roubles ($4.3 billion) in subsidies this y…

Net Zero

Efficient Motor Maker Infinitum Raises $185 Million in Round Led by Climate-Focused Fund

Climate technology firm Infinitum, which develops high-efficiency industrial motors, said on Wednesday it had raised $185 million in a funding round led by inve…

Offshore Wind Power

Orsted Hit by up to $5.6 Billion Impairment on Halted US Projects

A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo Acquire Licensing RightsRenewab…

Carbon Emissions

Climate's 'Catch-22': Cutting Pollution Heats up the Planet

People wearing sun protection gear amid a heatwave walk on a street in Beijing, China July 1, 2023. REUTERS/Tingshu Wang/File Photo Acquire Licensing RightsAir …

Power Construction

Goldman Sachs-Backed Firm Applies to Sell u.s. Retail Electricity Contracts

The Goldman Sachs company logo is on the floor of the New York Stock Exchange in New York City, U.S., July 13, 2021. REUTERS/Brendan McDermid/File Photo Acquire…

Solar project

Amazon Unveils 198-MW Wind PPA in India's Maharashtra

US technology and e-commerce giant Amazon.com Inc (NASDAQ:AMZN) on Tuesday announced it has expanded its renewable power procurement in India by contracting a 1…

Energy Storage Project

POSCO Int'l to Supply $4.42b Battery Materials to Lotte Energy

From third from left to right: Posco International CEO Jeong Tak, Lotte Chemical CEO Kim Gyo-hyun, and Lotte Energy Materials CEO Kim Yeon-seop pose for a photo…

Solar Battery (Storage)

Scatec Inaugurated Its Solar Hybrid and Battery Storage Plants Project in Cameroon

Scatec celebrates the inauguration of the solar plants in Cameroon. Release entered into a lease agreement with ENEO, an electricity company, in 2021 to deliver…

Oil & Gas Supply

Equinor to Supply Gas to Germany's Rwe for Five Years

Equinor and RWE signed a five-year agreement for the supply of Norwegian gas to Germany at up to 52.97 billion cubic feet a year.gas.Equinor ASA and RWE AG have…

Renewable Energy

Indonesia Sets Emission Target for G7 Funding, Lays Out Investment Map

Smoke and steam billows from the coal-fired power plant owned by Indonesia Power, next to an area for Java 9 and 10 Coal-Fired Steam Power Plant Project in Sura…

Coal Trade

Indonesia Excludes Off-Grid Coal From $21.5 Billion Climate Deal

An excavator loads coal onto a dump truck at Cirebon Port in West Java, Indonesia, on Wednesday, May 11, 2022. Trade has been a bright spot for Indonesia, which…

Solar Panel

Decarbonisation: Veolia Operates the First Solar Car Park to Deliver Renewable Energy for a Hospital in the UK

Leading sustainable resource management company Veolia, working with 3ti solar car park specialists, have started renewable electricity generation at Eastbourne…

Ammonia

Statnett Assigns Grid Capacity for Aker Horizons' Ammonia Projects in Norway

Energy company Aker Horizons has been allocated a grid capacity of 250 MW for its large-scale green ammonia plant under development in Kvandal outside Narvik an…

Hydrogen Production

Indian Energy Producer Am Green Seeks Over $1 Billion in Funding: Sources

AM Green, founded by Mr Anil Chalamalasetty and Mr Mahesh Kolli (pictured), is developing production capability for molecules. ST PHOTO: KUA CHEE SIONGAM Green,…

Electric Vehicles

Best Look At Tesla Cybertruck's Powered Frunk Yet

We get our best look at the Tesla Cybertruck frunk with a new sighting with the automatic closing in action.The front trunk, or frunk, is a popular feature with…