The UAE’s clean energy firm Masdar, owned by sovereign wealth fund Mubadala Investment Co., plans to develop 440 MW of photovoltaic solar projects in Uzbekistan as it expands its international footprint. Abu Dhabi-based Masdar will develop two power plants on a public-private partnership basis, building on its presence in Uzbekistan, …

The world’s first commercial modular small reactor on land, the Linglong 1, has officially entered into the construction phase for a demonstration project in Changjiang Nuclear Power Plant in South China’s Hainan Province on Tuesday, sending a renewed signal to the world regarding China’s leading position in modular small reactor …

Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market, the Gulf states said in a joint statement. Saudi Arabia, the biggest oil producer in the Organization of the Petroleum Exporting Countries, and Oman, a small non-OPEC …

Singapore has been ranked as the top global shipping centre for the eighth year running, a new report found. As explained, Singapore has been rated as the top location due to the size of its port, number of internationally-focused shipbrokers, financiers, lawyers and insurers based there and its supportive government …

Shell will join a project in Norway to produce hydrogen from natural gas while capturing the emissions, Aker Clean Hydrogen (ACH) said on Monday. Countries across Europe are looking at ways to produce emissions-free hydrogen to help reduce carbon emissions and avert global warming. Clean hydrogen can be produced from …

A trial program focused on domestically made Natural Gas Hydrate (NGH) exploration equipment has been completed in the South China Sea, Global Times learned from China National Offshore Oil Corporation (CNOOC) on Monday, marking a forward step in China’s NGH detection and exploration development. CNOOC said the trial program had …

Norway’s state-controlled energy company Equinor is confident there is a long-term role for hydrogen produced from fossil fuels with carbon capture and storage, the company’s senior vice president for low-carbon solutions Grete Tveit told S&P Global Platts. The development of “blue” hydrogen from fossil fuels with CCS would pave the …

The Biden administration is preparing to release a blueprint for limiting sales of U.S. drilling rights that falls short of the outright ban sought by some environmentalists, as rising oil and gasoline prices highlight the risks of curtailing domestic crude production. A draft of the leasing report has already been …

Petropars says gas recovery from the Iranian side of the world’s largest gas field has reached 1.8 tcm. The Iranian giant company Petropars said in a statement Sunday that natural gas recovery from the South Pars gas filed had reached a total of 1.8 trillion cubic meters since production started …

The European Union is set to take the lead in climate policy action among the world’s biggest greenhouse gas emitters this week, with a raft of ambitious plans designed to cut emissions drastically over the next decade. The policies, if approved, would put the bloc – the world’s third-largest economy …