The International Renewable Energy Agency says shifting to renewables would help decarbonise, boost economic growth, create jobs and improve human welfare.
Read More »LG’s Solar Division Aims to Go Carbon-Neutral by 2030
Carbon-neutrality will be achieved using a variety of measures including recycling and tree planting.
Read More »Renewable Software Firm Signs Up Gigawatt of Offshore Wind Capacity
American renewable software firm confirms the onboarding of more than one gigawatt of European offshore wind assets.
Read More »Tonik Energy Uses the Cloud to Boost EV Charging Network
Using Fortum’s EV network management system it hopes to streamline charging infrastructure.
Read More »Saudi Energy Firm Helps Build Mobile Hospital for Pandemic
The fully-equipped facility is part of the nation’s commitment to minimising Covid-19 casualties and is scheduled to start operations within 70 days of construction starting.
Read More »Coronavirus Harms the Oil Market more than OPEC Disputes
The coronavirus pandemic is harming the oil market way more than the price dispute between OPEC and its allies OPEC+, RBN Energy chief executive Rusty Braziel told CNBC on Monday. RBN Energy is a Houston-based privately held energy commodities analytics company that plays a role between physical markets and financial …
Read More »Iran, Iraqi Kurdistan Region Discuss Trade Relations
Consul General of Iran Mehdi Shoushtari met and held talks with governor of Sulaymaniyah Haval Abubakir on Sunday evening on the trade relations.
Read More »World Oil Demand Set for Historic Fall in 2020
The world oil demand growth forecast for 2020 is revised lower by 6.9 million barrels per day (mb/d), to a historical drop of around 6.8 mb/d, said OPEC in its monthly market report. The contraction in the second quarter (2Q) of this year is expected to be around 12 mb/d, …
Read More »Oil Drops to 18-Year Low on Global Demand Crunch amid Covid-19 Pandemic
Oil extended its slide in Asia, trading at near two-decade lows after agreed cuts by the biggest producers were seen barely making a dent in the demand destruction wrought by Covid-19 and on increasing concerns that traders are quickly running out of room to store crude. Futures in New York …
Read More »Shell Commits to Achieving Net Zero Emissions by 2050
Steps to reduce emissions include an ambition to make the manufacture of all its products net zero by 2050.
Read More »