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The IEA in 2024: Reviewing the Year
Oil&Gas Drilling
09-03-2024
Texas Challenges US EPA Limits on Oil and Gas Industry Methane Emissions
A smoke stack at the Valero refinery by the Houston Ship Channel is seen in Houston, Texas, U.S., May 5, 2019. REUTERS/Loren Elliott/File Photo Purchase Licensing RightsTexas sued the U.S. government over Environmental Protection Agency rules published on
Nuclear Power Plant (NPP)
08-03-2024
UK Nuclear Regulator Assesses Preparedness for Climate Change
The UK's Office for Nuclear Regulation (ONR) has selected five nuclear sites where it will carry out inspections to assess arrangements for and resilience to climate change effects. It recently hosted a meeting with fellow international regulators
Carbon Emissions
06-03-2024
ADNOC Says AI Added $500 Mln of Extra Value in 2023
A person walks past a Abu Dhabi National Oil Company (ADNOC) poster during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, United Arab Emirates, October 31, 2022. REUTERS/Amr Alfiky/file photo Purchase Licensing Righ
Carbon Emissions
06-03-2024
Biden's Scaled-Back Power Rule Raises Doubts Over US Climate Target
A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen Purchase Licensing RightsThe Biden administration’s decision to exclude the existing U.S. fleet of natural ga
Carbon Capture
05-03-2024
Valero Joins Summit's Carbon Capture Project
The logo for Valero Energy Corporation is shown at a Valero gas station in Encinitas, California, U.S., May 2, 2016. REUTERS/Mike Blake Purchase Licensing RightsU.S. refiner Valero Energy Corp (VLO.N), opens new tab is joining Iowa-based Summit Carbon Sol
Carbon Emissions
05-03-2024
Africa to Be $2.5 Trillion Short of Climate Finance by 2030, UN Says
Solar panels are seen during the inauguration ceremony of the solar energy power plant in Zaktubi, near Ouagadougou, Burkina Faso, November 29, 2017. REUTERS/Ludovic Marin/Pool/File Photo Purchase Licensing RightsAfrica will be $2.5 trillion short of the
Carbon Emissions
04-03-2024
Australia and Southeast Asia Strengthen Climate Change and Energy Cooperation
The Albanese Government is strengthening its co-operation with Southeast Asia through a new $10 million Climate and Clean Energy Window, designed to bolster our joint efforts on climate change and clean energy.The Window, announced at the ASEAN-Australia
Carbon Emissions
04-03-2024
China Needs 10 Times Its Photovoltaic and Wind Energy to Eliminate Its CO2 Emissions
According to a simulation model, almost 6 terawatts of renewable energy will be needed for the country to reach that goal in 2060.80 percent of solar PV and 55 percent of wind power will need to be installed within a 100-kilometer radius of major load cen
Carbon Capture
02-03-2024
Exxonmobil, Shell to Work With Singapore on Carbon Capture and Storage Project
A 3D printed natural gas pipeline is placed in front of displayed ExxonMobil logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsGlobal energy majors Exxon Mobil (XOM.N), opens new tab and
Carbon Emissions
02-03-2024
Global Energy-Related CO2 Emissions Hit Record High in 2023 - IEA
Global energy-related emissions of carbon dioxide (CO2) hit a record high last year, driven partly by increased fossil fuel use in countries where droughts hampered hydropower production, International Energy Agency (IEA) said on Friday.Steep cuts in CO2
CCS
27-02-2024
Japanese Players Team up on CCS Project in Malaysia
The Chugoku Electric Power (EnerGia) and Nippon Gas Line (NGL) have joined the project aiming to establish a carbon capture and storage (CCS) value chain originating from Japan for the CCS project in Malaysia, together with Japan Petroleum Exploration (JA
Carbon Capture
27-02-2024
Germany to Allow Carbon Transport, Sub-Seabed Storage, Minister Says
Germany will change its carbon dioxide storage law to allow carbon capture and off-shore storage for certain industrial sectors as Europe's biggest economy aims to become carbon neutral by 2045, Economy Minister Robert Habeck said on Monday.Carbon
Carbon Emissions
27-02-2024
Italian Utility A2A Starts Scheme to Cut Emissions in Northern City of Brescia
A2A Energy company logo is seen on coach downtown Milan, Italy, April 27, 2016. REUTERS/Stefano Rellandini/ File photo Purchase Licensing RightsItaly's largest regional power utility A2A (A2.MI), opens new tab said on Monday it has invested 110 mi
Net Zero
26-02-2024
Nokia Commits to Net-Zero Greenhouse Gas Emissions by 2040
In tandem with this ambitious long-term goal, Nokia is intensifying its efforts to halve its GHG emissions across all scopes by 2030 from a baseline established in 2019.The company’s 2030 climate targets were validated by the Science Based Targe
Carbon Capture
26-02-2024
Santos Secures Funds for $335M SA Carbon Capture and Storage Project
Photo: Tony Lewis/InDailyOil and gas giant Santos on Monday said that it had secured a USD$150 million (AUD$228 million) loan to progress its carbon capture and storage (CCS) project, which will capture carbon dioxide created as a by-product in the produc
Biofuel
24-02-2024
Glomar Claims 28% Emissions Reduction Using Goodfuels' Biofuel
Dutch offshore drilling services provider Glomar Offshore has revealed that it has achieved CO2 emissions reduction by 28% by transitioning from traditional fuels to GoodFuels’ HVO30, a sustainable marine biofuel blend.FincoEnergiesAs disclosed,
Electric Vehicles
24-02-2024
Stellantis CEO Defends Eu's 2035 Ban on Fossil-Fuel Cars
Stellantis CEO Carlos Tavares holds a press conference ahead of visiting the Sevel automaker's plant, Europe's largest van-making facility, in Atessa, Italy, January 23, 2024. REUTERS/Remo Casilli/File Photo Purchase Licensing RightsFranco
Carbon Emissions
22-02-2024
UK Set to Miss Near, Long Term Emissions Targets, DNV Predicts
The sun sets over the capital’s skyline as warm temperatures, wind and emissions combined to trigger a ‘high’ alert for air pollution, in London, Britain, June 13, 2023. REUTERS/Dylan Martinez Purchase Licensing RightsBritain
Carbon Emissions
22-02-2024
Britain to Exit Energy Charter Treaty Over Failure to Align With Net Zero
Britain said on Thursday it will follow other European countries in leaving an international treaty which has been criticised for blocking efforts to fight climate change because its protection of energy investments extends to fossil fuels.The 1998 Energy
Oil & Gas Supply
21-02-2024
Petrobras to Invest $1.5 Billion in Hisep Decarbonization Tech
Worker repair a tank of Brazil's state-run Petrobras oil company in Brasilia, Brazil September 30, 2015. REUTERS/Ueslei Marcelino Purchase Licensing RightsBrazilian state-run oil company Petrobras (PETR4.SA), opens new tab and partners will invest
Carbon Emissions
19-02-2024
MHI Recognized by CDP as Being at the Leadership Level for Climate Change Earning A- Score
Mitsubishi Heavy Industries, Ltd. (MHI) received an "A-minus" rating in the Climate Change Report 2023 published by CDP (headquartered in London, U.K.), a non-profit organization that maintains a global environmental information disclosure syste
Carbon Emissions
18-02-2024
Chinese-Led Team's Carbon Dioxide Conversion System Hailed as 'Milestone' in Harnessing No 1 Greenhouse Gas
A Chinese-led team may have found an answer to a decades-old quest for scientists – how to convert carbon dioxide into valuable chemical products while also tackling climate change.Conversion systems devised to harness the greenhouse gas &nd
Geothermal Power Project
18-02-2024
A Geothermal-Powered, Climate-Friendly Way to Capture Carbon Dioxide in the Air
In a new study, researchers have developed a method for capturing carbon dioxide from the atmosphere, powered by clean and relatively inexpensive geothermal energy.Their findings, published in the journal Environmental Research Letters, reveal that by com
Carbon Emissions
17-02-2024
Germany to Earmark 4 Bln Euros for Industry Decarbonisation Subsidies - Source
The German government will earmark some 4 billion euros ($4.31 billion) for subsidies to support energy-intensive firms switching to green production, a government source told Reuters on Friday.As part of Germany's ambitions to become climate-neut
Carbon Capture
17-02-2024
Veolia Feasibility Study Highlights Potential of UK's First Carbon Capture Technology to Produce Sustainable Fuels Using Energy Recovery Facilities
Veolia has launched a site feasibility study ahead of a pilot project to use innovative carbon capture processes in energy recovery facilities (ERF) in the UK. Developed with the aim of producing green fuels by capturing, extracting and purifying CO2, it
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Indonesia Begins Carbon Trading Program for Coal-Fired Power Plants
