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Energy Economy
Adipec 2021: Adnoc to Invest $6bn in drilling as it boosts crude oil production capacity
More than $1.8bn worth of Drilling-Related Equipment will be Made in the UAE
Energy Economy
RCEP and CIIE to Help Attract more FDI
China's green development and dual-circulation growth paradigm, as well as key platforms such as the China International Import Expo and Hainan Free Trade Port.
Energy Economy
Korea Needs to Invest More to Meet Wind Power Target
South Korea is in need of more aggressive investment in renewable energy sector in order to achieve its offshore wind capacity goal by 2030 and address the coun
Energy Economy
Chevron Invests in Australian Lower-Carbon Projects
The Australian unit of US oil major Chevron, the operator of the Gorgon LNG project, will invest $29 million investment in Western Australian lower-carbon proje
Energy Economy
Amancio Ortega Partners with Repsol for Its Investment in Wind Power
The owner of Zara breaks into the Aragonese renewable energy business through the Pontegadea investment fund with the purchase from Repsol of 49% of a wind farm
Energy Economy
KKR Invests $2bn in South Korean Energy Company SK E&S
Global investment firm KKR has invested KRW2.4trn, on behalf of its Asia Pacific infrastructure fund in South Korean energy company SK E&S.
Energy Economy
COP26: New Alliance to Unlock $100bn for Renewable Electrification
The Global Energy Alliance for People and Planet will be launched today at COP26 to accelerate investment in green energy transitions and renewable power soluti
Energy Economy
More Investment in Supply Side of Gas Need of the Hour: GECF
As the climate crisis threatens to provoke an energy crisis, the world should approach decarbonisation carefully to prevent artificial acceleration of ‘greenin
Energy Economy
G-20 Leaders Pledge to End Financing for Overseas Coal Plants
The leaders issued their final communique Sunday at the end of a two-day summit, ahead of talks at a broader U.N. climate change summit, COP26, this week in Gla
Energy Economy
Saudi Arabia Signs Direct Investment Pact with UK in ‘Next Step’ for Green Initiatives
Agreement followed green finance roundtable at FII summit in Riyadh
Energy Economy
Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments
President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.
Energy Economy
UK Unveils New Funding Model for Nuclear Power Stations
The RAB model is expected to play an important role in attracting private investment for new large-scale nuclear power plants.
Hydrogen
TECO 2030 Awarded NOK 50m to Aid in the Development of Hydrogen Fuel Cells
The Norwegian government has awarded NOK 50m to aid TECO 2030 in developing hydrogen fuel cells that could significantly reduce carbon emissions in the region.
Energy Economy
Middle East Oil Exporters To See Fast Economic Growth In 2022
The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected,
Energy Economy
BayWa r.e Acquires Scottish Wind Project on Restored Coal Mine
BayWa r.e. has completed the acquisition of the project rights for Broken Cross Wind Farm in South Lanarkshire, Scotland.
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