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Offshore Wind Power
South Korea to Build World’s Largest Floating Wind Farm off Ulsan
Under the agreement, OW Offshore will develop three 500MW complexes with a combined total capacity of 1.5 GW in Korea’s exclusive economic zone (EEZ) off Ulsan…
Biofuel
Bunker Biofuel Pilot Projects Launch in Asia
The marine industry has shifted its attention to accommodating the International Maritime Organisation's greenhouse gas strategy, after having to adjust to the …
Personnel Appointment
Biden to Nominate Regan as EPA Administrator
President-elect Joe Biden is expected to announce Michael Regan as his nominee to serve as administrator of the U.S EPA.
Energy Transition
Chemical Giant INEOS form New Energy Group
International chemical giant INEOS is forming a new company called INEOS Energy which is designed to accelerate the group’s technologies for the energy transit…
Joe Biden
Biden to Nominate Former Michigan Gov. Jennifer Granholm, Former EPA Chief Gina McCarthy for Energy and Climate Posts
President-elect Joe Biden is expected to soon announce his choices for two crucial positions in his administration — the Secretary of Energy and the White Hous…
Coal Production
China's Coal Supply Sufficient for Winter Heating
The supply of coal will be sufficient to meet a spike in demand during the winter heating season, China's top economic planner said on Wednesday.
Crude Oil
OPEC President: OPEC+ Shouldn’t Hurry To Ease Oil Output Cuts
The OPEC+ group of producers must continue to calibrate the easing of its collective oil production cuts to the still fragile global oil demand in the pandemic.
Carbon Neutral
STMicroelectronics Announces will be Carbon Neutral by 2027
It added the plan for a 100 per cent renewable energy sourcing target through a combination of on-site solar installations, green-power purchase agreements, and…
Oil & Gas Trade
Russia Approves Sinopec's Participation in Huge Petrochemical Project
The Russian government has approved participation of China's Sinopec company in a large-scale petrochemical project, the government said in a statement on Tuesd…
Microgrid
The Renewable Microgrid Powering a Chilean Conservation Project
A renewable microgrid consisting of run-of-the-river hydropower, solar generation, and a battery storage system has been installed to provide green electricity …
Crude Oil
OPEC Cuts 2021 Oil Demand Outlook Again as Pandemic Impact Lingers
Global oil demand will rebound more slowly in 2021 than previously thought because of the lingering impact of the coronavirus pandemic, OPEC said on Monday, ham…
Paris Climate Agreement
India: For Sustainable Economic Development, Net Zero Emissions in 2060
To remind the world that it will take more than ambition to deal with the biggest challenge confronting humanity, it will require solidarity and collaboration.
EU
EU Leaders Pave Way for Implementation of Landmark Recovery Package
In addition to underpinning the EU's recovery from the pandemic, the recovery package, totaling over 1.8 trillion euros, was also designed to help transform the…
Carbon Emissions
Covid Pandemic Drove a Record Drop in Global Carbon Emissions in 2020
Researchers said carbon emissions will likely rebound in 2021 and urged governments to prioritize a shift to clean energy and policies that tackle climate chang…
Oil&Gas Drilling
EU to Approve Sanctions Over Turkish Gas Drilling
Shying away from a threat made in October to consider wider economic measures, EU leaders will agree to punish individuals accused of planning or taking part in…
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