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Fund
China South-South Climate Cooperation Fund
During President Xi Jinping’s visit to the US in September in 2015, he announced that China would set up a China South-South Climate Cooperation Fund to provid…
Fund
China-LAC Industrial Cooperation Investment Fund
China has established a fund of 10 billion U.S. dollars to support the country's industrial cooperation with Latin America, the central bank announced in August…
$20B Danish Fund Ditches Oil Supermajors Over Climate Concerns
The US$20-billion Danish fund MP Pension said on Tuesday it is excluding the world’s largest oil companies from its portfolio, looking to secure long-term retu…
Nuclear Power Plant
Japan: 24 Commercial Reactors are Currently being Decommissioned
The Japan Atomic Energy Commission has urged plant operators to plan ahead to lower safety risks and costs requiring decades of work and billions of yen.
Solar Power Plant
Solar Energy Badly Harms The Environment
The Modi government has been shovelling scarce taxpayer resources into solar energy, with a further $6.5 billion promised till 2022.
Thermal Plant
German Spend €40 billion Designed to Lessen Impact of Coal Plant Closures
German officials on Aug. 28 approved a plan to spend as much as €40 billion ($44.4 billion) over the next 20 years on projects designed to lessen the impact of…
Oil & Gas Trade
BP to Exit Alaska in $5.6 Billion Deal with Hilcorp
British oil major BP Plc (BP.L) on Tuesday agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region wher…
Solar Power Plant
A Ground-Mounted Solar Project Billed as Saudi Arabia's Largest
A ground-mounted solar project billed as Saudi Arabia's largest to date has reached the finish line, and is now set to power the operations of a food and bevera…
Oil & Gas Trade
Brazil Contracts 1.14 Billion Litres in The 68th Biodiesel Auction
Brazil's Petroleum, Natural Gas and Biofuels Agency (ANP) announced on Tuesday that almost 1.14 billion litres (301.15m gallons) have been contracted in the 68t…
Pumped Energy Storage
DEWA Invest $391 Million For A 250-MW Pumped-Storage Project in Dubai
The Dubai Electricity and Water Authority (DEWA) has awarded a Dh1.437 billion ($391 million) construction contract for a 250-MW hydropower project in the Unite…
Rosatom
Rosatom Postpones Fast Neutron Reactor Programme
Rosenergoatom is expected to receive about RUB280 billion (USD4 billion) less in state funding for the construction of new nuclear reactors in Russia owing to t…
ExxonMobil Plans To Sell Its North Sea Assets To Focus on US Shale Production
The firm, which has been in the UK sector for 50 years, has held sales talks with a number of operators in recent weeks, according to Reuters.Citing industry so…
Oil&Gas Drilling
Malaysia Develops a $480 Million Oil Storage To Push It into An Oil And Gas Hub
Malaysia on Tuesday said the Johor PortAuthority was working to develop a 2 billion ringgit ($477 million) oil storage and ship refueling site in the country's …
China Energy Engineering Corporation Limited
China Energy Engineering Group Co., Ltd. (Energy China Group) is directed by the State-owned Assets Supervision and Administration Commission of the State Counc…
Energy Storage Battery
The Vanadium Redox Flow Battery, A Leading Technology in Energy Storage
The global renewable energy market is anticipated to grow significantly to around $1.5 billion by 2025 as most countries commit to reducing their greenhouse gas…
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