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Energy Investment

Singapore Places $1.8 billion for Green Investments

At a news conference on Wednesday, Ravi Menon, managing director of Monetary Authority of Singapore said the funds were placed from Singapore's official foreign…

Electric Car

New Zealand Told to have EV Policy by Mid-2022

Petrol and diesel cars accounted for around 11mn t of carbon dioxide equivalent (CO2e), or about 14pc of New Zealand's total greenhouse gas emissions, in 2019.

Oil Pipeline

Keystone Pipeline Cancelled After Biden Blocks Permit

Construction on pipeline began last year when former president Donald Trump revived the long-delayed project

Rooftop PV System

Dubai's Yellow Door Energy to Develop Bahrain's Largest Rooftop Solar Plant

Panels on top of Bahrain Mall will generate up to 10 million kilowatt-hours of clean energy in its first year of operation

Gas turbine engine

Mitsubishi Power Creates EMEA Gas Turbine Combined Cycle Business Unit, To Be Headquartered In UAE

As part of this expansion, Khalid Salem, President of Mitsubishi Power Middle East, and North Africa will take on a new role as the GTCC Business Unit Leader fo…

Electric Car

Apple in Talks with CATL and BYD over Batteries for Apple Car

Apple is in talks with China’s CATL and BYD about the supply of batteries for its self-driving electric vehicle scheduled to come out around 2024, Reuters repo…

Electric Vehicle Battery

Electric Vehicle Battery Manufacturers Increasing Procurement from Australia

LG Energy Solution announced on June 8 that it acquired 7.5 percent of QPM, an Australian smelting company, by investing 12 billion won.

Electric Car

Volkswagen Invests $620 million in Northvolt to Secure Battery Supply

The investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen's stake stable at around 20% and foll…

Hydrogen Project

Europe on Track for 2.7GW of Hydrogen Electrolyser Capacity by 2025

The total announced project capacity within the European hydrogen electrolyser market would take the green hydrogen sector to 2.7GW by 2025 – a nearly 50-fold …

Oil & Gas Trade

Israeli Minister Calls For Scrapping UAE Oil Pipeline Deal

Israeli Minister of Environmental Protection Gila Gamliel is looking to have the recent oil pipeline deal between Israel and the United Arab Emirates scrapped b…

Electric Car

This EV Startup May Be About To Collapse

EV startup Lordstown warned it may have to shut down its business before this year’s end as its funds run out.

Net Zero Emission

Canada’s Top Oil Sands Firms Set Up Net-Zero Emissions Alliance

The biggest oil sands producers in Canada announced on Wednesday a net-zero collaboration initiative to achieve net-zero emissions from oil sands operations by …

Oil Exploration

Exxon and Its Partners Log New Discovery at Longtail-3 Offshore Guyana

ExxonMobil announced a discovery at Longtail-3 in the Stabroek Block offshore Guyana.

Nuclear Equipment

Toshiba Completes Initial Toroidal Field Coil for ITER

Japan's Toshiba Energy Systems & Solutions Corporation announced today it has completed the manufacture of the first of four toroidal field coils it is supplyin…

Floating Solar Project

Floating Solar Plant at Banja Reservoir Starts Commercial Operation

European renewable energy generator Statkraft, in cooperation with Norwegian supplier Ocean Sun, has started commercial operations at the first floating solar p…