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India lays ground rules for its upcoming compliance carbon market
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
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
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
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
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.
North Macedonia, Albania, Kosovo and Greece sign MoU on merger of electricity markets
ENERGO: North Macedonia, Albania, Kosovo and Greece sign MoU on merger of electricity markets
ExxonMobil begins production at Payara project offshore Guyana
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”
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
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
A new analysis of international data, released by Climate Central, reveals that global temperatures have broken records over the past 12 months.
Exxon aims to become a leading lithium producer for EVs
ExxonMobil's goal is to become a major lithium producer for electric vehicle batteries.
Vietnam may not attain 2030 offshore wind goal
Vietnam faces significant challenges in achieving its offshore wind power target for 2030, according to a senior official from a state-owned energy company.
INTERVIEW with Christine Williams: Loadshedding is just a symptom of a much bigger problem that Eskom is now expected to resolve
Loadshedding is just a symptom of a much bigger problem that Eskom is now expected to resolve, said Christine Williams during an exclusive AfrElec interview.
Kenya bets on geothermal as power generation from hydro declines
R Power purchases PV projects in Poland
R Power has bought PV projects in Poland that total 91 MWp from the joint venture EOS, controlled by Cero Generation. Most of the projects are shovel-ready, with R Power intending to start their expansion in 2024.
Nigeria owes over $1bn in unpaid gas royalties and flare penalties, watchdog NEITI says
East Mediterranean gas development little affected by Gaza war
Efforts by Chevron Corp. to move forward with plans to develop its gas assets in the East Mediterranean have for now avoided the impact that the war in the Gaza Strip is having on the thin slice of land running between Israel and Egypt.
Turkish power generator Karpowership to start supplying South Africa electricity in 2024
Turkey’s power generator Karpowership, which has the world's largest fleet of floating power stations, expects to start producing 450 MW of electricity in South Africa in 2024.
CGX and Frontera announce landmark discovery at Wei-1 well offshore Guyana
CGX Energy and Frontera Energy, partners in the Petroleum Prospecting Licence for the Corentyne block offshore Guyana, announced the discovery of 35 metres of net pay at the Wei-1 well around 200 kilometres from the Guyanese capital of Georgetown.
ExxonMobil completes $1.26bn purchase of Liza Unity FPSO
ExxonMobil has completed the purchase of the Liza Unity FPSO from SBM Offshore, used in the Liza Phase 2 development in the Stabroek block offshore Guyana
Inauguration of first wind turbine marks milestone for Monsoon Wind Power Project in Laos
In a significant step towards harnessing renewable energy, Lao Prime Minister Sonexay Siphandone officially inaugurated the first wind turbine of the Monsoon Wind Power Project in Sekong Province
Trina Solar expands footprint in Vietnam with a $420mn boost for Thai Nguyen Projects
Chinese photovoltaic module and smart energy solutions enterprise, Trina Solar, has announced an additional investment of $420mn in its ongoing projects in the northern province of Thai Nguyen in Vietnam
Pertamina partners with Sinopec to accelerate energy transition and global business opportunities
PT Pertamina has entered into a business collaboration with the Chinese energy company Sinopec to expedite its commitment to energy transition and enhance global business development
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