Britain approved a significant oil and gas project on Wednesday despite UN and scientific advisories that the world must stop developing new fossil fuel resources
Category: Energy
The US plans to replace fossil fuels with commercial nuclear fusion as part of a clean energy transition in a decade.
As part of the country’s shift to sustainable energy, the Biden administration intends to establish a commercial nuclear fusion reactor within ten years, according to
Dutch government spends over $40b a year on subsidies for fossil fuel producers and users.
A report released Monday by a platform that analyses multinational corporations and by two organizations advocating for a transition to renewable energy, the Dutch government
First Solar to build a $1.1b solar panel manufacturing complex that will employ 700 people in Louisiana.
The governor’s office announced that a $1.1 billion plant will be constructed in southwest Louisiana by the largest manufacturer of solar energy in the Western
Clean energy: Fossil fuel industry excited as US Energy Department invests $1.2b in direct air capture.
The greatest investment in “engineered carbon removal” in history, according to officials, will be made by the Energy Department by awarding up to $1.2 billion
New Zealand is collaborating with BlackRock to launch a $1.2b fund to achieve 100% renewable energy.
The New Zealand government said on Tuesday that it will collaborate with American finance behemoth BlackRock to become one of the first countries in the
Global warming: UK to grant hundreds of licenses for North Sea oil and gas exploration.
In an effort to achieve energy independence, Britain announced on Monday that it would issue hundreds of additional oil and gas licenses in the North
Saudi Aramco and TotalEnergies sign an $11b contract to build a future world-scale petrochemical plant in Jubail.
Aramco and TotalEnergies announced in a joint statement on Saturday that they had signed a $11 billion contract to begin construction on a new petrochemicals
Goldman Sachs and other global banks leverage on power crisis to start trading on Japanese power derivatives.
Goldman Sachs Group intends to open a desk in Tokyo to begin trading Japanese power contracts on Wednesday. Since the Fukushima nuclear accident in 2011,
Energy security: Japan to spend $107b on hydrogen energy to bridge its transition to renewable energy.
A change to Japan’s plans to utilize more hydrogen as fuel as part of the country’s drive to cut carbon emissions was approved by the
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