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Carbon Emissions
$11 Million for West Australia Clean Energy Initiatives
The Western Australian Government has dedicated $11 million for seven innovative clean energy projects through the second round of its Clean Energy Future Fund …
Solar Power Plant
Green Ice Cream: Mars Wrigley Unveils Plans for First Factory Powered Entirely by Renewable Energy
Mars Wrigley has unveiled plans to convert its ice cream plant in Steinbourg, France to become the first 100 per cent electrically powered industrial site in th…
CNOOC
China's CNOOC to Raise up to $5.08 Billion From Share Issue
Chinese oil giant CNOOC Ltd said on Monday it will raise between 28.08 billion yuan and 32.29 billion yuan ($4.41 billion to $5.08 billion) by issuing new share…
Iran
US ‘Imposing New Conditions’ in Nuclear Talks, Says Iran
Iran’s foreign minister said Sunday that Washington is “imposing new conditions” in the negotiations to restore the 2015 nuclear agreement.
China
China Energy Maintains Steady Production Growth in Q1
China Energy Investment Corporation (China Energy), a leading energy giant, maintained steady production growth during the first quarter of the year, its spokes…
Net Zero Emission
Ukraine Crisis and Inflation Weigh on ESG Investment Funds
Investment flows to ethical funds fall to $75bn in Q1 amid a sharp drop in risk appetite, IIF says.
Natural Gas
Oil and Gas to Catapult Global Energy Spending to Record Highs in 2022, Rystad Says
Surging oil, gas and power prices together with EU’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult gl…
United Kingdom
Ithaca Energy Gains Access to Two of the Largest Undeveloped Discoveries in UK North Sea
North Sea-focused Ithaca Energy has reached an agreement to acquire Siccar Point Energy for a price tag of nearly $1.5 billion. This is Ithaca’s second expansi…
Malaysia
Malaysia’s TNB Acquires 97.3MW Wind Portfolio in UK
Malaysia-based Tenaga Nasional Berhad’s (TNB) wholly-owned subsidiary, Vantage RE Ltd., acquired a 100% stake in a 97.3-megawatt (MW) onshore wind portfolio in…
Hydrogen Project
Polish Oil Refiner to Invest €1.6bn in Hydrogen Projects by 2030
PKN Orlen has announced it will invest PLN 7.4bn on low and zero-carbon hydrogen development projects by 2030 to help build a hydrogen economy in Europe.
Crude Oil
IEA Moving Ahead with Collective Oil Stock Release of 120 Million Barrels
The International Energy Agency (IEA) has confirmed it will release 120 million barrels of oil.
Offshore Wind Power
Wind Industry Sees 94GW Additional Capacity: Report
The wind industry saw an additional 94-gigawatt (GW) capacity in 2021, marking its second-best year, the Global Wind Energy Council (GWEC).
Carbon Emissions
Methane Emissions Surged by a Record Amount in 2021, NOAA Says
Global methane emissions jumped by a record amount in 2021, U.S. National Oceanic and Atmospheric Administration said Thursday.
Floating Offshore Wind
Ørsted Takes Majority Stake in Floating Wind Project Offshore
Renewable energy giant Ørsted has acquired a majority stake in the 100 MW Salamander floating offshore wind development project on the Scottish coast.
Hydropower Plant
Analysing Europe’s ‘Hidden Potential’ for Small and Micro Hydropower
Diversion-type, run-of-river (DROR) hydropower schemes in the European Union have the potential to provide from 79 TWh to 1,710 TWh of electricity annually, acc…
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