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Oil&Gas Drilling
Shell, BP Strike US Gulf Deal Ahead of Planned Drilling
Shell and BP have finalized an exchange of acreage in the deepwater Gulf of Mexico ahead of planned drilling in the greater Mars Basin, one of the region’s mos…
Gas Turbine
GE Plans Gas Turbine Upgrade at Al Taweelah Power Plant in the UAE
UAE-based aluminium producer Emirates Global Aluminium (EGA) has signed an agreement with GE Gas Power to upgrade four existing gas turbines at EGA’s Al Taweel…
Carbon Emissions
Climate Action on CO2 Emissions Alone Won’t Prevent Extreme Warming - Study
To control climate change, the world must go beyond cutting carbon dioxide emissions and curb lesser-known pollutants such as nitrous oxide playing a key role i…
Net Zero Emission
Swiss Re, UBS Among Founding Buyers in Carbon Removal Scheme
Insurance firm Swiss Re and banking giant UBS are among five founding buyers of credits from a scheme set up by a Swiss company to drive down the cost of taking…
Energy Storage Battery
Trina Storage Launches Grid-Scale BESS
Trina Storage, the vertically integrated battery energy storage solution provider, has announced the launch of Elementa, a flexible battery energy storage syste…
Electric Car
Incentivising EV Users Will Require a New Kind of Charging Infrastructure
With charging anxiety stifling the growth of electric vehicles what’s needed is flexible ‘soft’ infrastructure that also makes use of their battery writes Cr…
Carbon Emissions
Chevron, Schlumberger Withdraw Request for California Carbon-Capture Permit
Top U.S. energy companies Chevron and Schlumberger have withdrawn an application to capture carbon dioxide emissions and store them deep underground in central …
Floating Solar Project
DNV to Create Floating Solar Standards
DNV estimates that the potential global capacity for deploying floating solar photovoltaic (FPV) power is currently approximately 4 TW and installed capacity wi…
Solar Technology
Mexico’s Solarever Targets 1 GW of PV Production Capacity
Solarever, a Mexican PV module manufacturer, is aiming for 1 GW of production capacity and plans to list shares on the New York Stock Exchange, as it expands in…
Energy Transition
Insurance Giant Allianz Sets Oil and Gas Exit Strategy
The world’s fifth-largest insurance company, Allianz, is withdrawing coverage and investment dollars from a wide swath of fossil fuel projects as of next year.…
Carbon Emissions
CO2 on Earth Hits Highest Level in Human History
That’s according to data, revealing that for the first time, carbon dioxide levels have peaked at 420ppm.
Net Zero Emission
Siemens’ Grid Software Suite to Support Net Zero Momentum
Siemens Smart Infrastructure has announced an open, modular grid software suite to support energy stakeholders and enable them to be fast, agile and flexible wh…
Hydrogen Technology
Hydrogen Blending in Gas Grid Would Lead to 'Limited CO2 Benefits and a Large Increase in Energy Costs': Irena
Adding green H2 to networks would equate to emissions abatement costs of more than $500 per tonne of carbon dioxide, study calculates.
Oil & Gas Trade
Shell’s Profit Soars on Higher Oil and Gas Prices
Oil major Shell booked a huge profit in the first quarter of the year on the back of higher oil and gas prices despite taking a charge due to its phased exit fr…
Carbon Emissions
Egypt and Italy's Eni to Develop $25M Carbon Capture and Storage Project
The project will capture and store between 25,000 and 30,000 tonnes of carbon dioxide annually.
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