Biden allocates $174 billion to build EV supply chains in the U.S.
U.S. President Joe Biden has reportedly allocated $174 billion from the infrastructure plan to develop the domestic EV (electric vehicle) supply chains. This initiative has been taken with an objectiv....
SK E&S to invest $1.4 billion for developing a gas field in Australia
Energy solution provider, SK E&S Co., has reportedly announced an investment of $1.4 billion (approx. 1.6 trillion) for the development of a gas field in Australia. The move is aimed at supplying ....
OLCV-NextDecade sign term sheet for CO2 storage & transport in South Texas
The term sheet enables OLCV to offtake and store CO2 captured from the Rio Grande LNG project of NextDecade in Port of Brownsville, Texas Oxy Low Carbon Ventures, global leaders in CO2 management ....
UK to permit oil drillers to keep exploring new reserves in North Sea
UK ministers will reportedly allow oil drillers to continue with oil & gas exploration activities for new reserves in the North Sea as long as they pass a climate compatibility assessment. The mov....
First soft plastic food wrapper from recycled material unveiled in AUS
A coalition of partners comprising Nestle, Licella, Taghleef Industries, LyondellBasell, Amcor, CurbCycle, REDcycle, Viva Energy Australia, and iQ Renew have reportedly developed Australia’s fir....
Our Food signs MoU worth USD 200 million with Telangana Government
In a bid to establish more than 20,000 micro food processing facilities, Our Food Pvt. Ltd., a 3Lines’ Fund I portfolio enterprise, has reportedly signed a USD 200 million memorandum of understa....
NTPC to commission largest floating solar power plant of India by May
The biggest floating solar plant of India is reportedly being developed in Ramagundam, Telangana and is expected to be commissioned by May 2021. It would be one of the solar plants being developed by ....
Interserve records £300M in losses from energy-from-waste disaster
Renowned British construction firm, Interserve, has reportedly recorded a loss of over £300 million from the energy-from-waste disaster. The company’s construction business in the UK also ....
Five Eyes to secure minerals from Greenland through partnership
Five Eyes, an intelligence-sharing alliance is reportedly forging ties with Greenland in order to boost the supplies of critical minerals and reduce its dependency on China, revealed sources from a th....