Saudi Arabia Sends Worlds 1st Shipment of Blue Ammonia to Japan
Saudi Arabia supplies blue ammonia to Japan. This is reported to be the world’s first shipment of blue ammonia. It will be utilized in Power stations to generate electricity in Japan without carbon ....
Shale producer Devon apparently plans to buy out WPX Energy Inc.
U.S. based shale producer Devon Energy Corp is reportedly in discussions to purchase its rival, WPX Energy Inc. People familiar with matter claim that the buyout may be in the form of an all-stock tra....
Siemens expects Siemens Energy market value to cross €17 billion
Siemens, the renowned German multinational conglomerate, reportedly expects the market valuation of its energy spin-off, Siemens Energy, to effectively surpass the €17 billion mark when it appea....
Airbus shifts focus to hydrogen as a viable aircraft propulsion source
Airbus, the renowned European aerospace manufacturer, is reportedly moving away from battery power and reorienting its focus towards using hydrogen as the primary fuel source for future aircraft innov....
CarbonCure announces funding led by Amazon’s Climate Pledge Fund & BEV
CarbonCure Technologies, a cleantech company, has recently announced a funding led by leading technology & property developers. The investment has been co-led by Amazon’s Climate Pledge Fund ....
Dentsu Aegis Network secures 100 per cent renewable energy mark
Dentsu Aegis Network has reportedly stated that it has hit the 100 per cent renewable energy target across the wide expanse of its global operations. The company has a workforce of 45,000 employees sp....
Dow signs agreement for divestment of US Gulf coast marine operations
Dow has reportedly entered into an agreement for the divestment of certain U.S. Gulf Coast terminal and marine assets and operations for a sum of $620 million to Vopak Industrial Infrastructure Americ....
LG Chem announces successful flight of UAV at the highest altitude
LG Chem, the largest Korean chemical company, has recently announced the successful flight of a drone that is equipped with a lithium-sulfur battery at the highest altitude. On 30th August, the com....
BP Partners with Norway’s Equinor to Develop Offshore Wind Farms
BP, the British petroleum leader announced its partnership with Norway’s Equinor, forged in a bid to take the first step to expand in the offshore wind market. According to the reports, BP will buil....