Well

Carbon Emissions

Shell's 2020 Carbon Emissions Fall on the Back of Fuel Sales Drop

Shell said in its annual report that total emissions from its oil wells to forecourt fuel sales fell to 1.38 billion tonnes of carbon dioxide equivalent last ye…

Oil Field

Equinor Gets Go-Ahead to Drill North Sea Well Duo

Norwegian offshore safety agency, the Petroleum Safety Authority Norway (PSA), has given Equinor consent to drill two exploration wells offshore Norway, using t…

Energy Saving

Canada and British Columbia Invest in Two Energy Efficient Infrastructure Projects

The safety and well-being of Canadians are top priorities of the governments of Canada and British Columbia.

Energy Investment

Wells Fargo to Deploy $500bn in Sustainable Financing by 2030

Wells Fargo has announced plans to invest $500bn in sustainable financing by 2030 to support the transition to a low-carbon economy.

Carbon Emissions

China Draws up Plan for Carbon Emissions to Peak by 2030, to Take Active, Well-Ordered Steps to Develop Nuclear Energy

China will draw up an action plan for carbon emissions to peak by 2030 and take active and well-ordered steps to develop nuclear energy on the basis of ensuring…

Geothermal Power Plant

GRMF Announcement Another Win for EA Geothermal

Seven companies have qualified for full submission to the Geothermal Risk Mitigation Facility for East Africa.

Solar Power Plant

ENGIE Acquires 100 MW Concentrated Solar Power Plant in South Africa

ENGIE is pleased to announce that it has reached an agreement to acquire from Abengoa a 40% equity stake in Xina Solar One, a 100 MW Concentrated Solar plant, a…

Oil&Gas Drilling

Petronas Hits Oil Offshore Indonesia

Malaysian energy giant Petronas has made an oil discovery at the Hidayah-1 exploration well, located within the North Madura II Production Sharing Contract, off…

Video: How Offshore Nuclear Power Stations can Help Achieve Rapid Deep Decarbonization

The need for deep decarbonization is now well understood.

Hydrogen Fuel Cell

Indian Oil Signs Pact with Greenstat Norway for Hydrogen Fuel

In the Union Budget for 2021-22, the government pledged to focus on generating hydrogen from green power sources as well as build more diverse and efficient ene…

Geothermal Power Plant

DJIBOUTI: Oddeg Chooses KenGen to Drill Three Geothermal Wells

Kenya Electricity Generating Company (KenGen) to drill three geothermal wells in Djibouti.

Oil&Gas Drilling

Neptune Picks up Permit for North Sea Appraisal Well

The Norwegian Petroleum Directorate has granted Neptune Energy a drilling permit for an appraisal well offshore Norway.

Crude Oil

Occidental Delivers World First Carbon-Neutral Oil

A unit of U.S. Occidental said this week it had delivered the world’s first shipment of carbon-neutral oil, or oil where emissions associated with the entire c…

Geothermal Power Plant

Albioma Enters into Geothermal Market

Albioma has completed the acquisition of a majority stake in the geothermal energy producer Gümüsköy; the remaining 25% has been acquired by Egesim, an indus…

Oil & Gas Trade

IMF Sees Oil Prices Averaging $50 In 2021

Oil prices are set to average $50 per barrel for 2021, rising by 20 percent from the average last year, but still well below the average for 2019