Sanctioned Venezuelan floating facility offloads stored crude
A floating facility present off the Venezuelan coast has reportedly completed the offloading of crude that was stored in for the last two years due to sanctions imposed by the U.S. An official operat....
Australia announces funding for recycling and clean energy projects
The Government of Australia has reportedly announced the availability of funding for recycling and clean energy projects as part of its AUD 1.3 billion MMI (Modern Manufacturing Initiative). Accordin....
Altaaqa, AFC sign MoU to build zero emission solutions in Saudi Arabia
British alkaline fuel cell developer, AFC Energy, and Zahid Group company, Altaaqa, have reportedly signed a Memorandum of Understanding for supporting the transition of Saudi Arabia’s power gen....
Investment firm ECP takes over renewable energy company Terra-Gen
Energy transition investment company, ECP, has reportedly announced its acquisition of the remaining 50 per cent stake in leading renewable energy firm, Terra-Gen. The move reportedly comes after the ....
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....
Chalmers’ new structural battery leads way to massless energy storage
Researchers at the Chalmers University of Technology have reportedly announced that they have developed a structural battery that lays down the foundation for fundamentally ‘massless’ ener....