The world needs to ditch coal in order to tackle climate change and save the planet, former UK business secretary Alok Sharma, who is now president for this year’s global climate summit COP26, said on Friday. In a speech in Glasgow, the city that will host the 26th United Nations …

European countries are mostly interested in the Nord Stream 2 gas pipeline construction project. The project is still planned to be completed in 2021, Russia’s Minister of Energy Nikolay Shulginov said in an interview with Energy Policy magazine. “Our position has not changed. Europe is largely interested in this gas …

Saudi Arabia will export full crude oil volumes to at least four Asian clients next month, Reuters has reported, citing unnamed sources familiar with the situation. Saudi Aramco and its Asian buyers use standard contracts, under which either side can trim or boost orders by a margin of 10 percent …

China is looking to Turkmenistan to expand natural gas supplies as it cuts back on Australian energy imports, reported the South China Morning Post. Wrapping up a meeting with his Turkmen counterpart Rashid Meredov and the country’s deputy prime minister Serdar Berdymukhamedov in Xian on Monday, Chinese Foreign Minister Wang …

GE Renewable Energy and Toshiba Energy Systems and Solutions have signed a strategic partnership to localize critical phases of the manufacturing process of GE’s Haliade-X offshore wind turbine and to support its commercialization. Based on the long-lasting relationship between GE and Toshiba in Japan and beyond, this strategic agreement will …

The Minister of Industry, Mine and Trade said that Iran’s export of non-oil commodities registered an eighty percent hike in the first two months of the current Iranian calendar year (from March 21 to May 20). Speaking in a get-together meeting of programs on promoting export in the country on …

Tokyo Electric Power Company Holdings Inc. and the government are considering a plan to release treated radioactive water from the crippled Fukushima No. 1 nuclear power plant into the sea about 1 kilometer from the coast, informed sources said Tuesday. The plan calls for a pipeline to be set up …

The Middle East saw a 5% increase in its renewable energy capacity last year, which stood at 24,224 megawatts (MW). Despite the growth, there was a slowdown in the results compared to previous years due to the COVID-19 pandemic affecting ongoing projects, according to information published in the Saudi Arabian …

OPEC left its global oil demand forecast for 2021 unchanged in its monthly outlook report, due to an economic rebound in the second half of the year but the bloc sees energy consumption in India, the world’s third-biggest consumer of oil, collapsing because of the surge in Covid-19 infections. The …

Oil giant ExxonMobil has received an offer for its share of the West Qurna 1 oilfield in Basra, by Iraq, according to reports by Reuters. The head of the state-run oil operating company said on Monday that a formal offer, priced at $350 million, to buy the share had been …