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Net Zero Emission
Indonesia Sets Out Path to Net-Zero Emissions by 2060
Indonesia plans to achieve net-zero emissions by 2060 or sooner, setting targets on the use of energy sources such as coal and biofuels in a report to the UN Fr…
Floating Solar Project
Nexans Wins Norwegian Floating Solar Cable Contract
Equinor has awarded Nexans a contract to supply power export cable for its floating solar offshore pilot Froya in Norway.
Portugal
EDPR Posts 13% Earnings Dip in H1 2021
EDP Renewables has reported EBITDA of €654m for the first half of 2021, a drop of 13% from the same period last year.
Offshore Wind Power
RWE Centralises Management of Global Offshore Wind Fleet
German multinational energy company RWE has signed a new contract that will enable the utility to centralise and optimise the management of its global portfolio…
Oil Price
India May Join China In Bid To Lower Oil Prices
The world’s third-largest crude oil importer, India, could join China in tapping into its strategic petroleum reserve in a bid to sell lower-priced crude to it…
Oil & Gas Trade
UK Gas Exports to EU to Stay Low
UK gas flows to the EU could stay minimal in August-September, as almost all surplus gas could be added to mid-range storage.
Wind Farm
ScottishPower Completes Onshore Wind Farm Project
The project was formed in partnership with Tesco, Britain's biggest retailer, and was built specifically to support the green energy needs of the supermarket gi…
Hydrogen Project
Energy Giants Plan First Offshore Hydrogen Park in German North Sea
RWE, Shell, Gasunie and Equinor have signed a declaration of intent to further their collaboration on the AquaSector project, a large-scale German offshore hydr…
Floating Offshore Wind
Carbon Trust Supports UK Floater Tech Initiative
Outfit will provide technical support to BEIS’ FOW Demonstration Programme assisted by OWC
Energy Investment
Iberdrola, EIB Sign €550m Spanish Smart Grid Loan
The European Investment Bank and Iberdrola have signed a €550m green loan agreement to support the development, modernisation and digitalisation of the company…
Energy Investment
Singapore's GIC invests $240 mln in Arctic Green Energy
Singapore sovereign wealth fund GIC will invest $240 million in Arctic Green Energy to support the renewable energy firm's expansion in Asia and Europe.
Video: China Built the World's Largest FPSO Ship
China's self-built world-class vessel for floating production, storage and offloading was handed over to its user and departed from the mother port in east Chin…
Crude Oil
China To Build Airport, Houses Under Oil-For-Projects Deal In Iraq
Chinese firms are set to build an airport and 90,000 houses in Iraq as part of a 2019 agreement for crude supply in exchange for projects, an Iraqi official was…
Paris Climate Agreement
No Pathway to Reach Paris Agreement Goal without G20: UN Chief
Guterres said he intended to use the opportunity of the upcoming UN General Assembly high-level session to bring leaders together to reach a political understan…
Electric Vehicle Battery
LG-Hyundai Battery Joint Venture Reported to Start Plant Construction in Indonesia Next Month
A battery joint venture between LG Energy Solution and Hyundai Motor will break ground for a plant in Indonesia, local media outlets reported on July 28.
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