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Crude Oil
Iraq Targets 7-Mln-Bpd Oil Output Capacity in 2027 – Somo Head
Iraq plans to increase its oil production capacity to around 7 million barrels per day in 2027, head of state-owned oil marketer SOMO Alaa Alyasri told Reuters …
Hydrogen Project
World Bank Group Announces International Low-Carbon Hydrogen Partnership at COP27
The World Bank hydrogen partnership will foster capacity building and regulatory solutions, business models, and technologies toward the roll out of low-carbon …
Hydrogen Production
Inpex to Trial Blue Hydrogen and Ammonia Production in Japan
Japan's biggest oil and gas explorer, Inpex Corp, said on Tuesday it will build facilities to produce hydrogen and ammonia using its domestically produced natur…
Offshore Wind Power
Japan to Resume Offshore Wind Auctions in December With Revised Rules
Japan plans to resume public auctions for offshore wind power projects in December under revised rules aimed at encouraging a wider range of operators and accel…
Gas Turbine
Germany’s Gas Turbine Capacity Expansion Moving Too Slow
Germany is behind in its plan to expand its gas turbine capacity to 30 GW by 2030—the amount needed to stabilize its electricity distribution networks, accordi…
Hydropower Plant
Asia’s Pumped Hydropower Capacity to Overtake NAWE in 2023
Developments will mostly be located in Mainland China.
Offshore Wind Power
Nine New Countries Sign Up for Global Offshore Wind Alliance at COP27
COP27 has seen nine new countries – including Belgium, Colombia, Germany, Ireland, Japan, the Netherlands, Norway, the UK, and the US – join the Global Offsho…
Net Zero Emission
U.S., Japan and Partners Mobilise $20 Bln to Move Indonesia Away From Coal Power
A coalition of countries will mobilise $20 billion of public and private finance to help Indonesia shut coal power plants and bring forward the sector's peak em…
Net Zero Emission
Mexico Vows to Double Renewable Energy Capacity by 2030
Mexico has pledged to deploy a further 30 gigawatts in renewable energy capacity by 2030, the nation's Foreign Ministry said in a statement on Monday.
Bezos Pledges to Give Most of His $124B to Fight Climate Change
Billionaire Jeff Bezos–the fourth-wealthiest person in the world–has told CNN he plans to give away the bulk of his $124 billion net worth to fight climate ch…
Hydrogen Production
Producing Hydrogen by Catalytic Pyrolysis of Biogas
As far as the Paris Agreement is concerned, carbon capture and storage are known to be essential if the world is to have any chance at attaining the target of 1…
CCS
Chevron and Japan’s MOL to Explore CO2 Shipping From Singapore to Australia
They will look into the technical and commercial feasibility of initially transporting up to 2.5m tonnes per annum of liquefied CO2 by 2030.
Coal-Fired Power Plants
The $15 Billion Plan to Curtail Indonesia’s Coal Industry
The United States and Japan will lead a group of counties that will offer $15 billion to Indonesia for retiring its coal power plants earlier and moving on to l…
Nuclear Reactor
EU Needs $460 Billion Investment to Maintain Nuclear Power Capacity
The European Union will need up to $462 billion (450 billion euros) in investment just to keep the current level of its nuclear power generation capacity.
Coal-Fired Power Plants
US Coal-Fired Power Retirements to Slow From 2023 – Report
Competition from natural gas and renewable resources will likely lead to the retirement of 23% of the 200,568MW of coal-fired capacity currently operating in th…
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