Norway’s Statkraft intensifies green energy with new projects
It has acquired Solarcentury’s 6GW project pipeline in Europe and South America, and its recently acquired Tordesillas solar project will save 19 tonnes of carbon emissions...
Category : Energy
Mubadala sells 39% stake in Borealis to OMV for $4.68 bn
The company currently holds a 25 percent stake in Borealis and the stake sale is in line with all regulatory requirements...
India allows Adnoc to export from its strategic petroleum reserve
The oil giant can now export from the Mangalore SPR in foreign flagged ships...
Petronas mulls exiting Gharraf oilfield in Iraq: CEO
The oil giant operates the Gharraf oilfield with a 45 percent stake...
World Bank continues to invest in fossil fuels: Urgewald study
The study found that the World Bank has invested more than $12 million in fossil fuel projects since the Paris Agreement...
Chile to house one of its kind green hydrogen venture led by Enel
Enel Green Power Chile and the power utility firm AME are joining forces to build a milestone project...
Exxon points to a historic shift in the oil industry
Exxon’s declining presence and rise of NextEra Energy has raised questions for investors about their investment strategies...
Vietnam to double renewable energy usage by 2030
The country will cut carbon emission by 15% during the period...
Mexico’s $14 bn energy investment plan focuses on Pemex
It is reported that the move will help the state-owned oil company’s ability to process heavy crudes...