Look

Progress on the world’s rising climate action ambitions could be undermined by a shortage of some of the critical minerals used in clean-energy technologies including wind turbines, solar farms and electric vehicles (EVs), unless governments act now to head-off a “looming mismatch” in supply and demand, according to a far-reaching …

The company behind Saudi Arabia’s $500 billion NEOM megacity project on Thursday revealed plans to develop an assembly plant to build up to 10,000 hydrogen fuel cell-powered commercial vehicles a year. The initiative is part of an agreement between US-based Hyzon Motors, an expert in the supply of zero-emission hydrogen …

Saudi Arabia’s plans to diversify its economy hinges largely on funding from Aramco and other leading public sector entities while large private sector players are expected to join the massive 5 trillion-riyal ‘Shareek’ investment plan. The recent confirmation by Saudi Arabia’s Crown Prince Mohammed Bin Salman that the kingdom is …

The United States is still putting the finishing touches on its plan to cut its greenhouse gas emissions by 2030, ahead of a summit this week with world leaders, including Russia’s President Vladimir Putin and China’s President Xi Jinping. President Joe Biden’s administration has been pressing other countries to make …

President Joe Biden has assured foreign governments that the United States will make steep cuts in greenhouse gas emissions over the next decade, a pledge designed to reassert U.S. leadership on climate change and spur other industrial powers to make similar commitments in the run-up to Biden’s climate summit next …

U.S. shale producers risk another oil-price war with OPEC and its allies if they resume the breakneck production growth of the last decade, according to Pioneer Natural Resources Co. Shale, and not the pandemic, was responsible for the initial oil-market crash of 2020, CEO Scott Sheffield said at BloombergNEF’s annual …

U.S. oil major Chevron, together with Norwegian company Moreld Ocean Wind, is set to invest in offshore wind technology at Ocergy, a U.S. company developing a low-cost floating wind foundation and a multi-disciplinary environmental monitoring buoy. Ocergy secured the investments through its Series A equity fundraising round to accelerate the …

Evidence shows that biased media outlets will always exist when it comes to news about Saudi Arabia. The announcement of a $12.4 billion deal to set up a new unit called Aramco Oil Pipelines Company was reported unconstructively by some global news media as Saudi Aramco selling its assets, taking …

The White House is in talks to appoint a special envoy to lead negotiations on halting the construction of Russia-to-Germany gas pipeline Nord Stream 2, current and former U.S. officials said, as the Biden administration grapples with how to stymie a nearly completed energy project that would serve as a …

Dangling tax credits and rebates in his drive to fight climate change, United States (US) President Joe Biden wants you to trade your gas-burning car, truck or SUV for a zero-emissions electric vehicle (EV). Some buyers would find his offer persuasive. Yet Biden’s goal is a daunting one: Even if …