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The Anglo-Dutch multinational oil and gas company, Shell, to trial the use of hydrogen fuel cells for ships for the first time in Singapore. If the trial is successful, it would lead the way for cleaner , hydrogen-powered shipping. The charterer of the trial vessel and the hydrogen fuel provider, is working with SembCorp Marine […]
The Saudi Arabian public petroleum and natural gas company Saudi Aramco partners with East asian country China to increase its energy supply for the next 50 years as new and existing energy sources run in parallel for some time. One of the world’s biggest oil exporter, Saudi Arabia has retained its position as China’s top […]
China National Offshore Oil Corporation ( CNOOC ) and Petroliam Nasional Berhad ( PETRONAS ) has announced that both the company’s have signed Memorandum of Understanding (MoU) together to pursue Mutual growth through closer collaboration. PETRONAS in a statement said that signing Memorandum of Understanding (MoU) with CNOOC will elevates the long-standing relationship between the […]
The Malaysian oil company Petroliam Nasional Bhd ( Petronas ) and Abu Dhabi National Oil Company (ADNOC) has signed a key agreement together on jointly exploring opportunities in the low-carbon energy industry. This is a first such partnership between the two state owned oil producers. Abu Dhabi National Oil Company, in a statement said that […]
The International Finance Corporation ( IFC ), a member off the World Bank Group, and National Central Cooling Company PJSC( Tabreed ), one of the leading UAE-based international district cooling developer are planning to establish a District Energy Investment platform. Both the establishments are clubbing together to establish District Energy Investment Platform in Singapore that […]
The Malaysian oil and gas company Petronas has launched the Malaysia Bid Round (MBR) 2021 through a virtual event for investors to explore and monetize hydrocarbon resource potentials in Malaysia. Malaysia Bid Round is an annual program organised by Petronas, that offers exploration blocks, technical study opportunities. In a statement Petronas said, with 13 exploration […]
The Swedish multinational manufacturing company VOLVO , has said that by 2030 it will only sell electric cars . The company will completely discontinue the manufacturing of all the combustion engines including the hybrid vehicles. VOLVO will be introducing a new line of electric cars and will unveiling its battery only model. In a statement […]
Drax , One of the largest biomass and coal fired power station in England has dropped its plan to build a gas plant in Europe after climate protests. The power station confirmed that it would drop plans to build two combined cycle gas turbines(CCGT) replacing two coal burning units at the Drax site. The decision […]
NEOM , a planned cross-border city in the Tabuk Province of northwestern Saudi Arabia is transforming liveability by redefining Urban Design with a vision what a new future might look might look. Countries across the globe are rethinking their approach, with a major percent of world’s transportation relying on fossil fuels, it is also the […]
The Saudi Arabian public petroleum and natural gas company Saudi Aramco plans for a finance package up to $10 billion that it could offer buyers of its pipeline business unit as the company seeks to extract value from its assets in an era of lower oil prices. The company is in talks with banks to […]
The government of Denmark has approved a plan to build the world’s first artificial energy island in the middle of North Sea which will be capable of producing and storing enough green energy to cover the electricity needs of three million European households. The artificial island will initially have an area of 120,000 sq meters […]
As Royal Dutch shell switches from oil and betting its expertise on power trading and rapid growth in hydrogen , rather than joining its counterparts in a scramble for renewable power assets To reduce the dependency on fossil fuels shell and its European counterparts are seeking new business models, which will intrigue investors concerned about […]
