China, the world’s largest greenhouse gas producer, has released an ambitious action plan to peak carbon dioxide emissions before 2030, according to which the share of non-fossil energy consumption will be about 25 per cent and carbon dioxide emissions per unit of GDP will drop by more than 65 per cent compared to 2005 levels. […]

QatarEnergy, formerly Qatar Petroleum and Shell have agreed to pursue joint investments in blue and green hydrogen projects in the UK to help decarbonise industrial clusters and transport sectors, with a focus on the London metropolitan area. This is the first agreement on hydrogen between both companies. The deal was signed on the sidelines of […]

Qatar Petroleum is changing its name to Qatar Energy to signal a new strategy that focuses on energy efficiency and environmentally-friendly technology such as capturing and storing carbon dioxide, its chief executive has said. “It’s more of a reflection of what we’re actually doing that wasn’t reflected by the name that we had,” CEO Saad […]

ExxonMobil and Pertamina, the state-owned energy company for Indonesia, today signed a Memorandum of Understanding (MoU) to evaluate the potential for large-scale deployment of low-carbon technologies in Indonesia. The MoU was signed near Glasgow, Scotland, where world leaders have gathered to discuss climate policies during COP 26. The companies have agreed to assess the potential […]

Equinor has entered into an agreement with Eni to sell a 10% interest in the Dogger Bank Wind Farm C project in the UK. Equinor continues to capture value from the world class offshore wind asset obtaining an equity consideration of around GBP 70 million. Eni has also entered into an agreement to purchase a […]

ENEOS Corporation, Chiyoda, and Queensland University of Technology have announced that they had succeeded in expanding the scale of their technological verifications of CO2- free hydrogen to a practical level for the first time in the world. We commenced technical verifications of the production, transportation, and dehydrogenation of CO2-free hydrogen in 2018. In order to […]

The Board of Directors of the African Development Bank has approved a $57.67 million loan to Eskom Holdings SOC Ltd, South Africa’s public electricity utility—and Africa’s largest— to harness battery storage technology that will increase electricity generation from reliable and efficient renewable energy sources.  The Bank’s financing, a concessional loan, will come from the Clean […]

Political support is building for global actions to cut methane pollution this decade, as more than 20 new countries say they will sign the Global Methane Pledge  at the UN Climate Change Conference (COP 26) in Glasgow. The World Energy Outlook 2021 (WEO-2021) is designed as a handbook for the COP26 Climate Change Conference in Glasgow, which […]

Empire Offshore Wind, a joint venture between Equinor and bp, has selected Vestas as its preferred supplier for wind turbine generators for both Empire Wind I and Empire Wind II, one of the largest offshore wind projects in the US. The preferred supplier agreement – one of the largest of its kind to be announced […]

A new energy economy is emerging around the world as solar, wind, electric vehicles and other low-carbon technologies flourish. But as the pivotal moment of COP26 approaches, the IEA’s new  World Energy Outlook makes it clear that this clean energy progress is still far too slow to put global emissions into sustained decline towards net zero, […]