The world’s largest green hydrogen project — the 260MW Kuqa facility in Xinjiang, northwest China ¬— is to be commissioned at the end of May, with commercial operation scheduled to begin on 30 June, according to its developer, Chinese state-owned oil giant Sinopec. It will overtake the current world leader, …

Solar power has been touted as the cheapest available source of energy for several years now. Solar power proponents have been talking about the consistent decline in the cost of raw materials and panel production. They have also talked about LCOE. The levelized cost of energy is a metric that …

As tepid demand for gas from power generation and industry has sent European natural gas prices into a freefall in recent weeks, traders and industry officials are not ruling out the possibility that Europe may see a brief dip to below zero for day-ahead prices in some markets this summer. …

Eni SPA is campaigning for the use of its first renewables-based diesel among partner fuel transporters as part of its decarbonization strategy. The Italian state-controlled company says its HVOlution brand is produced using 100 percent renewable raw material based on European Union parameters. It has launched a promotional program targeting …

Oil prices rose on Monday after US leaders reached a tentative agreement to raise the nation’s debt ceiling following a month-long stalemate. The deal potentially averts a financial crisis in the world’s largest economy and biggest crude oil consumer. Brent, the benchmark for two thirds of the world’s oil, was …

The UAE is a recognised global leader in tackling the challenges related to energy, climate change and sustainable development. Not only in words, but also in its actions with major investments into the development and deployment of renewables and technologies focused on reducing greenhouse gas emissions. Dr. Al Jaber is …

The first ten places on the list of the largest greenhouse gas emitters in the EU are occupied by coal-fired power plants, with the highest number found in Poland and Germany. These ten power plants accounted for one-quarter of the total emissions from the energy sector and 13 percent of …

Ford Motor Company has reached an agreement with Tesla Motors that will provide Ford’s EV customers access to more than 12,000 Tesla Superchargers across the United States and Canada. The deal will double the number of fast chargers available to Ford EV customers starting in the spring of 2024, the …

Western oil companies are facing increasing pressure from investors as well as climate activists to set stringent targets in reducing fossil fuel production. The argument is that fossil fuels have to be phased out if climate change goals like reducing carbon emissions is to be met. Dutch oil major Shell …

Iraq has slipped one spot to the 14th position in the ranking of countries with the lowest petrol prices, the latest data from Global Petrol Prices, a prominent international resource tracking fuel costs, showed this weekend. The website’s May 2023 report revealed that Iraq’s descent was prompted by a slight …