India aims to set offshore wind energy target at 30 GW by 2030
In what may seem to be a significant step forward in beefing up the nation’s renewable energy portfolio, the Indian government has unveiled its plans to develop 30 gigawatts offshore wind capaci....
XTO announces 9% reduction in methane emissions from its operations
XTO Energy Inc., a subsidiary of the world’s leading oil & gas company ExxonMobil, has recently made it to the news for successfully reducing methane emissions from its operations by as much....
Oil giant Shell plans to expend capital in UK North Sea Fram gas field
Oil & gas industry major Shell in its recent announcement has unveiled that it has given the green signal for the Fram gas field in the UK North Sea. After announcing the final verdict on the ....
Saudi Aramco & ADNOC to pour in capital in India's energy sector
Oil & gas industry giants Saudi Aramco and Abu Dhabi National Oil Company have recently announced that they will be jointly investing in the value chain of India’s energy sector. Reportedly, t....
EDF Energy launches two new renewable energy projects in UK
French conglomerate, EDF Energy, in its recent announcement has unveiled that it has completed two of its energy projects with the official inauguration of the West Burton B battery storage facili....
California Public Utilities Commission discards $639 million pipeline project
The California Public Utilities Commission has reportedly rejected a $639 million natural gas pipeline project that would have run through San Diego’s North County. Reportedly, the 47-mile long,....
Nexen Energy to invest $400m in the expansion of its Long Lake project
Nexen Energy, the Canada-based oil & gas major, has recently announced that it will be pumping in $400 million to expand its Long Lake oilsands project in north Alberta. Reportedly, the compan....
Vitol kicks off Australias biggest IPO with Viva Energy float
Vitol, the Switzerland based energy and commodity trading firm, has apparently announced that it has commenced a USD 3.7 billion float of its Australian fuel supply network and refinery, Viva Ener....
NAIF to approve USD 516m loan for Genex’s solar & pumped hydro project
In recent announcements pertaining to the renewable energy industry, Australia’s first combined solar and pumped hydro storage energy project by Genex Power has received an approval for a half a....