Latest Stories

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.

Exxon aims to become a leading lithium producer for EVs

14 November 2023

ExxonMobil's goal is to become a major lithium producer for electric vehicle batteries.

Vietnam may not attain 2030 offshore wind goal

14 November 2023

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

14 November 2023

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.

R Power purchases PV projects in Poland

14 November 2023

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.

East Mediterranean gas development little affected by Gaza war

14 November 2023

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

14 November 2023

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

14 November 2023

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

14 November 2023

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

14 November 2023

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

14 November 2023

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

14 November 2023

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