REM - Renewable Energy

Orsted completes Texas wind farm that will supply ExxonMobil

Denmark’s Orsted announced last week that it had completed its Sage Draw wind project in Texas. The majority of the output from the 120-wind turbine project will be sold to super-major ExxonMobil to help power its Permian Basin operations.

Emissions forecast to fall by 4%

The global COVID-19 pandemic could cause emissions to fall by 4% in 2020

Ørsted positive for offshore wind in Japan

Ørsted CEO Matthias Bausenwein remains hopeful that the COVID-19 pandemic will not affect the company’s plans for Japan’s emerging offshore wind industry

3 GW of green capacity at risk in Australia in 2020

The global COVID-19 pandemic could cause up to 3GW of wind and solar projects in Australia to be put on hold.

OPEC+ cuts deep into global supply, but not deep enough

Turkish, Chinese and US firms to build $1.5bn hydropower plant and dam in Turkey

Kuwait completes upgrades at major refinery

Egypt abandons coal as renewables prove cheaper

Egypt has abandoned its plans to build 6,600 MW of coal-fired capacity at Hamrawein

Woodside steps up pursuit of hydrogen export goals

Australian oil and gas developer Woodside Petroleum has unveiled the next step in its ongoing development of a hydrogen export strategy.