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Electric Car
Hyundai Aims to Sell One Million EVs per year by 2025
The move will result in a 50% reduction in models powered by fossil fuels, one of the people said, adding the strategy was approved by top management in March
Oil & Gas Trade
Nigeria Inks Massive Oil Deal With Supermajors
Nigeria’s National Petroleum Corporation this week signed a deal with Shell, Exxon, Total, and Eni to develop an offshore oil block that includes the deepwater…
Nuclear Reactor
Moltex SMR Clears First Phase of Regulatory Review
The Canadian Nuclear Safety Commission has completed the first phase of the pre-licensing vendor design review for Moltex Energy’s 300 MWe Stable Salt Reactor …
Nuclear Power Plant
Permit Issued for Chernobyl Used Fuel Transfer
Ukraine's nuclear regulator has issued a permit to SSE Chernobyl Nuclear Power Plant for the retrieval of undamaged used nuclear fuel from the ISF-1 interim use…
United States
Tesla to Build Data Centre in China After Backlash, Spying Fears
Chinese authorities in March restricted the use of Tesla cars by the military and employees of state-owned companies over concerns that images from cameras on t…
Solar Power Plant
Abu Dhabi Deepens Investment in Uzbekistani Solar
Masdar’s latest, 400 MW solar project win followed hot on the heels of the award of the contract to develop a 457 MW solar field elsewhere in the central Asian…
Net Zero Emission
Suncor Energy Adopts Net-Zero-by-2050 Greenhouse Gas Emissions Target
Suncor Energy Inc. has become the latest major oil company to commit to achieving net zero carbon emissions by 2050.
Pumped Storage
Hitachi ABB to Support First Ever Pumped Hydro Project in the Gulf
The Hatta pumped-storage power station is a first-of-its-kind project in the UAE and the Arabian Gulf region.
Energy Subsidies
Hyundai Motor's IONIQ 5 Eligible for Subsidies from Chinese Government
Hyundai Motor’s IONIQ 5 loaded with batteries from SK Innovation are expected to receive subsidies from the Chinese government starting from the second half of…
Carbon Neutral
SIA to up Biojet Use to Become Carbon Neutral by 2050
Singapore Airlines said it aims to increase the use of sustainable aviation fuel, or biojet, across its network in an effort to achieve carbon neutrality by 205…
Oil Field
Adnoc Awards $744m Offshore Field Contract to NPCC
The Belbazem block is being developed to reach a production capacity of 45,000 bpd, with the first barrel of oil expected in 2023
United Arab Emirates
UAE Asks to Host 2023 UN Climate Change Conference
he annual Conference of Parties is the decision-making body responsible for monitoring and reviewing the implementation of the United Nations Framework Conventi…
Microgrid
Groups Announce Renewable Energy Microgrid Project
A joint venture of energy management company Schneider Electric and Huck Capital, a power sector investment firm, has announced a partnership with energy infras…
Hydrogen Fuel Cell
G7 to Step up Efforts to Advance Commercial Scale Hydrogen
The Group of Seven has agreed to step up efforts to advance commercial scale hydrogen from low carbon and renewable sources across its economies, including supp…
Hydrogen Project
Iberdrola Forms Green Hydrogen Electrolyser Team
Spanish energy company Iberdrola is teaming up with power technology company Cummings to develop large-scale green hydrogen plants in Spain and Portugal.
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