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Crude Oil
CNOOC Gives Green Light to Uganda Crude Project
China's state-controlled CNOOC has taken a final investment decision on the Kingfisher crude project in Uganda.
Crude Oil
Oil Exporters to See Large Surpluses in 2021 and 2022 Amid Higher Crude Prices
Prices are also up because of underinvestment in the sector, which led to tighter supply
Electrification
COP26: New Alliance to Unlock $100bn for Renewable Electrification
The Global Energy Alliance for People and Planet will be launched today at COP26 to accelerate investment in green energy transitions and renewable power soluti…
Creating a Global Energy Alliance for People and Planet
A Global Energy Alliance for People and Planet will be launched today at COP26 to accelerate investment in green energy transitions and renewable power solution…
Energy Investment
More Investment in Supply Side of Gas Need of the Hour: GECF
As the climate crisis threatens to provoke an energy crisis, the world should approach decarbonisation carefully to prevent artificial acceleration of ‘greenin…
Energy Storage Battery
Hyundai Motor and Kia to Make Strategic Investments in U.S. Startup Factorial Energy
Hyundai Motor Co. and Kia Corp. have recently decided to make strategic investments in Factorial Energy, a U.S. battery startup, to jointly develop and produce …
Coal-Fired Power Plants
G-20 Leaders Pledge to End Financing for Overseas Coal Plants
The leaders issued their final communique Sunday at the end of a two-day summit, ahead of talks at a broader U.N. climate change summit, COP26, this week in Gla…
Energy Investment
Saudi Arabia Signs Direct Investment Pact with UK in ‘Next Step’ for Green Initiatives
Agreement followed green finance roundtable at FII summit in Riyadh
Energy Investment
Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments
President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.
Solar Power Plant
Green Genius Secures Solar PV Funding
Green Genius has signed a €20 million financing with Eiffel Investment Group’s funds.
Nuclear Power Plant
UK Unveils New Funding Model for Nuclear Power Stations
The RAB model is expected to play an important role in attracting private investment for new large-scale nuclear power plants.
Hydrogen Fuel Cell
TECO 2030 Awarded NOK 50m to Aid in the Development of Hydrogen Fuel Cells
The Norwegian government has awarded NOK 50m to aid TECO 2030 in developing hydrogen fuel cells that could significantly reduce carbon emissions in the region.
Hydrogen Technology
Sunfire Secures Investment for Green Hydrogen Technology
The new investment will further strengthen Sunfire’s position in the rapidly growing market for green hydrogen technologies.
Oil Field
Iran Needs $11 Billion To Develop Oil Fields Along The Iraqi Border
Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported, citing the new head of the National Iranian…
Energy Security
Israel Declares Climate Change 'National Security' Issue
Israel's Prime Minister Naftali Bennett on Sunday declared the fight against climate change a "national security" priority and pledged to "facilitate" investmen…
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