Latest Stories
Iran confiscates US oil by court ruling in sanctions case
Iran confiscated $50mn worth of American crude from a tanker seized last year by order of a Tehran court.
Nuclear power on hold: research casts doubt on Thai feasibility
Thailand's energy future remains undecided, with a recent report throwing cold water on the immediate adoption of nuclear power
Iran faces renewed pressure from UAE, Kuwait over contested islands and gas field
The United Arab Emirates and Kuwait reiterated claims about the three Persian Gulf islands and the Arash gas field in a joint statement, a few days after the GCC had voiced the same stance in a communique.
Logistics company PT Transcoal Pacific secures contract for floating barge services in East Kalimantan
PT Transcoal Pacific, a leading provider of transport and logistics services, has obtained a service contract to supply floating barges for the temporary storage of fuel oil at Bengalon LTT Port
PT Pertamina Hulu Energi ventures into geologic hydrogen exploration in Sulawesi
State-owned oil and gas company PT Pertamina Hulu Energi has embarked on a study exploring the potential development of natural hydrogen, termed geologic hydrogen, hidden within the depths of Sulawesi
Chevron unveils first solar-to-hydrogen production project, idles two Midwest biodiesel plants
Chevron New Energies, a division of Chevron, announced it is developing a 5-MW hydrogen production project in California’s Central Valley.
World’s biggest wind farm drops green hydrogen component
Dogger Bank D, the 2-GW offshore wind farm proposed off northern England, originally intended for green hydrogen production, is now shifting towards supplying electricity to the UK national grid.
SEC issues new climate rule
A new rule in the US will require all publicly traded companies to disclose ways in which climate change poses significant risks to their business.
US solar projects skyrocket in 2023
In 2023, the solar sector in the US achieved an unprecedented milestone, with the addition of 32.4 GW of new electric generating capacity. This marked a remarkable 37% surge compared with the previous record set in 2021.
Energy-related CO2 emissions increased last year, but slower than in 2022, says IEA
In 2023, global CO2 emissions from energy rose at a slower pace compared with the previous year.
Kyrgyzstan, Tajikistan cheer as CASA-1000 sputters back to life
The World Bank will provide money to complete Afghan section of the project, but it is keeping close tabs on funds.
EU wants fossil fuel companies to help pay to fight climate change
The European Union plans to urge the fossil fuel industry to aid in combating climate change in less affluent countries under a United Nations objective, a preliminary document reveals.
Russia and Iran sign renewable energy deal
Russia’s Association for the Development of Renewable Energy (ARDE) and the Iranian Association for Renewable Energy have signed a cooperation agreement.
Kyrgyzstan issues power use warning as Toktogul reservoir water level falls towards “dead” level
Brazil’s FS awarded certification for corn ethanol to produce SAF
Brazilian corn-based ethanol producer FS has obtained certification from the International Sustainability Carbon Certification Corsia, clearing the way for its corn-based ethanol to be used in the production of sustainable aviation fuel.
Mexico’s Sonora state unveils $3.4bn investment for LNG project
The government of the Mexican state of Sonora has disclosed that Amigo LNG is set to invest $3.4bn to develop a new gas liquefaction terminal at the port of Guaymas. This investment aims to position the state as a hub for gas liquefaction.
BP takes another shot at Brazilian deepwater drilling despite industry struggles
BP is gearing up for a new deepwater drilling attempt in Brazil at the Pau Brasil field, aiming to reverse the trend of major oil companies struggling to find significant reserves in the country's pre-salt region.
SBM Offshore hails 10-year operations and maintenance enabling agreement with ExxonMobil Guyana
SBM Offshore stated in its 2023 annual report that the company’s 10-year Operations and Maintenance Enabling Agreement (OMEA) with ExxonMobil Guyana could lay the foundation for the company’s approach to relationships with clients in the future.
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