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Crude Oil

Saudi Energy Minister Stresses the Importance of Oil Security

The world cannot go without Saudi oil exports for more than two or three weeks, Saudi Arabia’s Energy Minister, Prince Abdulaziz Bin Salman.

Natural Gas

Russia to Pursue Gas Deals With Turkey at G20

Russia is set to announce its plans for gas deals with Turkey at the G20 meeting in Indonesia next week, Russia’s foreign ministry said on Thursday.

Wind Power Project

ACWA Power, OIA Ink MoU to Co-Invest in 1.5GW Wind Project in Egypt

The Oman Investment Authority is looking into owning 10% of the project.

Energy Transition

AIIB, GEAPP to Invest $1b for Energy Transition Projects

They will identify co-financing opportunities in both the public and private sectors.

CCS

Chevron, Japan's MOL to Study CO2 Transportation From Singapore to Australia

Chevron Corporation and Japan's Mitsui O.S.K. Lines (MOL), Ltd. (MOL) have signed an agreement to study the feasibility of transporting liquefied carbon dioxide…

Electric Car

COP27: U.S. In Talks With EU on Electric Car Tax Credits

The United States is listening to the concerns of European counterparts about the trade tensions triggered by the Biden administration's clean vehicle subsidies…

Nuclear Power Plant

COP27: At Long Last, Nuclear Energy Is Having Its Moment

For the first time in its 27 year history, the International Atomic Energy Agency has set up shop at the UN's climate conference.

United States

U.S. Climate Envoy Kerry Launches Carbon Offset Plan

U.S. climate envoy John Kerry on Wednesday announced the creation of a carbon offset plan meant to help developing countries speed their transition away from fo…

Energy Transition

Show Us the Money: Developing World at COP27 Seeks Financing Details

Finance took centre stage at the COP27 climate talks on Wednesday, with U.N. experts publishing a list of projects worth $120 billion that investors could back …

Carbon Emissions

EU Proposes Tighter Vehicle Pollution Emission Standards

The European Commission proposed on Thursday broadly tighter limits for vehicle emissions of harmful nitrogen oxides and particulates, including new standards f…

Paris Climate Agreement

BHP Shareholders Vote Against Resolution to Lobby Australian Government on Climate

BHP Group shareholders voted against a resolution calling on the mining giant to lobby the Australian government on its climate change policy at its annual gene…

Electric Car

World-First: Volvo Delivers Electric Trucks With Fossil-Free Steel to Customers

As the world’s first truck manufacturer to do so, Volvo has begun using fossil-free steel in its trucks.

Offshore Wind Power

Rapid Growth Seen in Asia’s Offshore Wind Capacity: Report

It is expected to rise by 15.3% annually.

Offshore Wind Power

China’s Offshore Wind to Grow to 97GW by 2031: Report

This represents an annual growth rate of 14.3%.

Tata Power Unit to Build 150MW Solar Project in Maharashtra

It is expected to be commissioned within 18 months from the PPA execution date.