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The electric car giant Tesla to buy $1 billion worth Australian minerals for batteries and engines The minerals include Australian Lithuim, nickel and other critical minerals. Robyn Denholm, the Chairwoman of Tesla, said in a speech during a Minerals Council of Australia event. “Australia has the minerals to power the renewable energy age throughout the […]
The Dutch court ordered Shell oil company a subsidiary of Royal Dutch Shell plc to cut 45% of carbon emissions by 2030. This ruling could possibly pave the way for legal action against energy firms around the world. The district court in Hague ruled that the energy giant has a duty to reduce emissions and […]
The Swedish based company H2 Green Steel (H2GS) has raised $105 million initial funding to accelerate the transition into fossil-free steel making . The steel company targets large European OEM’s and also will be one of the large scale steel producer based on a fossil-free manufacturing. H2GS has developed a close collaboration between the investor […]
The European solar developer Lightsource bp to develop solar hub in North South Wales, Australia, with a capacity of 400MWdc. The solar farm which is to be developed is adjacent to Lighthouse bp’s 200MWdc Wellington solar farm which is currently under construction. The combined solar hub will have a capacity of 600MVdc, Once operational. The […]
The Saudi Arabian public petroleum and natural gas company Aramco has announced its intention to transfer the sales and marketing responsibility for a number of Aramco petrochemicals and polymers to SABIC. The resale responsibility of various SABIC products will be transferred to to Aramco Trading company. The planned and the effect of the changes will […]
The British multinational oil and gas company BP plc has announced gas production from third stage of West Nile Delta (WND) development which is off the mediterranean cost in Egypt. With approximately $9 billion, The development of WND includes five gas fields across the north Alexadria, West Mediterranean Deepwater offshore concession blocks in the Mediterranean […]
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 […]
