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Carbon Emissions
Chevron Sticks to Lower Budget Plans, Sets New Carbon Reduction Goals
U.S. oil major Chevron has reaffirmed its lower budget plans, doubled its savings estimate from the takeover of Noble Energy, and set new goals for reducing car…
Nuclear Power Plant
Bill Gates's Next-Gen Nuclear Plant Packs in Grid-Scale Energy Storage
Wind, solar, geothermal, hydro, wave energy ... Renewable sources are a crucial pillar of any plan to decarbonize the world's energy generation industries and e…
Power Construction
ERCOT Overcharged Power Companies $16 billion for Electricity During Winter Freeze, Firm Says
An independent market monitor for the Public Utility Commission of Texas wrote in a letter that the power grid operator kept market prices too high for nearly t…
Energy Transition
Poland Sees Energy Transformation Costing $120 billion by 2045
Poland still generates most of its electricity from coal, but plans to reduce its share in power production amid rising carbon emission costs.
Electricity Transmission
World's 1st 660 KV Transmission System Sends Around 300-billion kilovolt Electricity in Decade
The world's first 660 kilovolt high-voltage direct current transmission line has transmitted around 300-billion kilovolt electricity from northwest China to eas…
Oil & Gas Trade
Pakistan Hopes to Save $3 Billion in New Gas Deal with Qatar
Khan's government has said it was trying its best to overcome an energy shortfall through different measures
Oil & Gas Trade
Turkey's Imports of Natural Gas from Iran Fell by 31% in 2020
Turkey imported 5.32 billion cubic meters of natural gas from Iran in 2020, a year-on-year decrease of 31%.
Mexico
Mexican State Oil Firm Pemex Reports $23 Billion Loss in 2020
The company said it had faced "the worst crisis in its history" last year due to the health crisis sweeping the planet.
Hydropower Plant
En+ Group Upgrades Hydroelectric Units at Russian Hydropower Plant
The total investment in the project for this stage of the project is more than 1.5 billion roubles.
ITER
European Council Approves Continued Financing for ITER
The European contribution to the project for that period is set at €5.61 billion in current prices.
Video: Denmark's $34 Billion Green Energy Island
If 34 billion dollars in capital investment would provide for the energy needs of 6 million people almost pollutant free, would you do it?
Hydrogen Fuel Cell
Korea's SK Group Wraps up USD-1.6bn Investment in Plug Power
South Korean industrial conglomerate SK Group has finalised its USD-1.6-billion capital investment in US fuel cell systems provider Plug Power Inc as part of a …
Electricity Reform
Mexican Electricity Reform Approved for Final Vote
Mexico's lower house approved an electricity reform bill that seeks to strengthen state power company CFE's market position, clearing the way for a final vote i…
Oil Pipeline
All Parties Accelerate the East Mediterranean Gas Pipeline Project
The project is expected to cost 7 billion euros, with a natural gas transportation volume of 9-12 billion cubic meters per year.
Electric Car
Matter Bets on Indian EV Market, Targets USD 1 bn Turnover by 2025
Bullish on the growth of electric vehicles market in India, EV and energy storage technology startup, Matter expects to clock a turnover of USD 1 billion by 20…
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