Latest Stories

India's ONGC says new projects to reverse declining oil outputs from matured fields

15 November 2023

State-run Oil and Natural Gas Corp in India reported a decline in oil and gas output during July-September, attributed to lower volumes from matured fields and weather-related disruptions

IEA raises oil demand forecast despite global economic slowdown

15 November 2023

The International Energy Agency has revised its oil demand growth forecasts for 2023 and 2024, challenging expectations of a global economic slowdown

South Africa to be worst affected by energy supply disruption in 2024, security firm warns

15 November 2023

South Africa will be the worst-affected country globally by security-impacting hazard disruption of energy supplies in 2024, according to London-based global security company G4S inaugural ‘World Security Report.’

PLN - Powerchina agree on wind energy development in Indonesia

15 November 2023

State-owned electricity company PT PLN, through its subholding PLN Nusantara Power, has entered into a collaboration with Powerchina International Group Limited to advance wind energy development in Indonesia

Businesses call for swift regulatory changes to boost solar panel investments in Indonesia

15 November 2023

In the face of a decade-long stagnation in solar panel investments and installed capacity, certain businesses are urging the Indonesian government to hasten the finalisation of revisions related to solar rooftop power plants

Pertamina NRE and VKTR forge partnership for sustainable electric mobility in Indonesia

15 November 2023

Pertamina New & Renewable Energy, a sub-holding of PT Pertamina focusing on new and renewable energy, has joined forces with PT VKTR Teknologi Mobilitas Tbk, a pioneer in commercial and public electric vehicle mobility

Pertamina and ExxonMobil sign landmark agreement for carbon capture storage hub in Java Sea

15 November 2023

PT Pertamina has once again demonstrated its commitment to lead the decarbonisation program in Indonesia through a collaboration with ExxonMobil

Pertamina Geothermal Energy collaborates with Chevron and Mubadala Energy to explore geothermal potential in Sulawesi

15 November 2023

PT Pertamina Geothermal Energy Tbk has announced a collaboration with Chevron New Energies International and Mubadala Energy through a Joint Study Agreement to explore the geothermal potential in North Sulawesi

Petronas and PetroVietnam explore energy collaboration opportunities

15 November 2023

Malaysian energy giant Petronas and its Vietnamese counterpart PetroVietnam are set to explore collaboration opportunities in various sectors of the energy industry in Vietnam

India lays ground rules for its upcoming compliance carbon market

15 November 2023

India has established foundational guidelines for the operationalisation of its carbon market compliance, outlining the issuance and trading of emission allowances

Indonesia's challenges in transitioning from fossil fuel power plants to renewable energy in Indonesia

15 November 2023

Indonesia has revealed that the efforts to transition from fossil fuel power plants to renewable energy still face complex issues

New Green Alliance: offshore wind cheaper than natural gas in UK

14 November 2023

Think-tank New Green Alliance has found even if the British government establishes prices for offshore wind power at double the level paid in the last successful auction, offshore wind will still be cheaper than gas natural power.

Iraq nears oil agreement in Kurdistan region, aiming to boost federal revenues

14 November 2023

Iraqi Oil Minister Hayan Abdul Ghani has expressed confidence in reaching an agreement with the Kurdistan regional government and various international oil firms to restart oil production from the region's fields.

Graphyte claims first permanent, affordable and scalable carbon-removal solution

14 November 2023

Graphyte, a US-based startup backed by Bill Gates’ Breakthrough Energy Ventures, has announced a new carbon dioxide removal approach that it says is permanent, affordable and immediately scalable.

ExxonMobil begins production at Payara project offshore Guyana

14 November 2023

ExxonMobil announced on Tuesday that it has begun producing oil at the Payara Development Project at the Stabroek block offshore Guyana

The US-led price cap on Russian oil exports has failed and “almost no Russian oil is being sold for less than $60”

14 November 2023

The US-led price cap on Russian oil exports has failed and “almost no Russian oil is being sold for less than $60” the Financial Times reported on November 14, according to Western experts and Russian export data.

Octopus Energy enters Germany’s offshore wind market

14 November 2023

Octopus Energy’s generation arm has made its first investment in Germany’s offshore wind sector as it rapidly scales up its renewables activity in the country.

October 2023 capped the hottest 12 months in recorded history

14 November 2023

A new analysis of international data, released by Climate Central, reveals that global temperatures have broken records over the past 12 months.