Port

South Korea

Saudi Aramco to Pump $7 Bln Into Biggest Petchem Investment in South Korea

Saudi Aramco plans a $7-billion investment at a South Korean affiliate's factory in the port city of Ulsan to turn out more high-value petrochemical products, t…

Hydropower Plant

New Report Highlights Australia’s Massive Potential for Pumped Hydro

Researchers from The Australian National University (ANU) have released a detailed study outlining 1,500 additional locations across the country that could be u…

Crude Oil

Russian Oil Output to Fall 1.4 Mln Bpd Next Year as EU Ban Takes Effect - IEA

Russian oil output is set to fall 1.4 million barrels per day(bpd) next year after a European Union ban on seaborne exports of Russian crude comes into effect, …

CCS

Patent Filings Highlight Carbon Capture Innovation

Carbon capture utilisation and storage (CCUS) technology is experiencing a boon in innovation according to a new report that tracks patent filings in the area. …

Net Zero Emission

GE and IRENA Sign Collaborative Agreement at COP27 to Support the Global Climate Change Agenda

GE signed a framework agreement with the International Renewable Energy Agency (IRENA) to collaborate on a plan which will support both climate change and energ…

LNG

First Liquefied Natural Gas Exported From Mozambique

British energy giant bp is buying 100% of the output from the Coral Sul Floating LNG facility.

Net Zero Emission

Drop Coal or Forget the 1.5°C Target, Says IEA

The global demand for coal has been at record highs for the last ten years, new report has warned.

Natural Gas

Vietnam Leads Gas Expansion Plans in Southeast Asia: Report

A total of 56GW is either in pre-construction or construction stages.

Net Zero Emission

IEA Calls to End New Coal as Climate Change Threats Rise

A new IEA special report provides an analysis of what it would take to bring down global coal emissions rapidly enough to meet international climate goals.

Electric Vehicle Battery

The Move Toward More Sustainable Batteries

Batteries presently play a major role in the energy transition and could even be the key to kickstarting the decarbonization of several industries, including th…

Floating Offshore Wind

Global Floating Wind Targets Falling Behind – Report

Targets for 2030 wind production from floating wind farms are set to be missed across the globe, according to the latest report from wind market analysts 4C Off…

Canada

Canadian-Portuguese Joint Venture Plans $1.04 Bln Hydrogen Plant in Sines

Canadian renewable energy company Neogreen Hydrogen and Portuguese developer of photovoltaic solar parks Frequent Summer announced on Monday plans to invest mor…

Electric Car

Will Britain’s EV Owners Have to Pay Road Tax for the First Time?

Reports claim Chancellor Jeremy Hunt is expected to announce road tax for EVs in the Autumn Statement this week.

Fossil Fuel Cost Savings in Asia Could Reach $44b: Report

This $10b more than in the first half of 2022.

Oil Price

Iraq Wants Stable Energy Prices, Prime Minister Says

Iraq is keen to maintain stable oil prices at not more than $100 per barrel, Prime Minister Mohammed Shia al-Sudani told reporters on Saturday.