Over the next six years, ExxonMobil plans to invest more than $15 billion on lower greenhouse gas emission initiatives. This significant increase in spending will further accelerate efforts to reduce greenhouse gas emissions from our operated facilities. To that point, we are on track to...
The Nord Stream 2 gas pipeline is ready to be launched, deputy department head of Gazprom Alexei Finikov said on Monday. "The Nord Stream 2 gas pipeline has been completed and is ready for a start," he said. Construction of the Nord Stream 2 ended on September...
Glencore has reached an agreement to sell its oilfields in Chad to Anglo-French oil company Perenco, a company spokesperson told Reuters on Thursday. Mining and trading giant Glencore entered Chad in 2012 and acquired the oilfields in 2014. But the purchase took place just months...
Lucid Group announced initial customer deliveries of the Dream Edition launch versions of Lucid Air. The first group of Dream Edition reservation holders were invited to take delivery of their vehicles on Saturday, October 30. Upon receipt of their cars, these initial customers will embark...
Wholesale gas prices have risen 250% since January 2021 and 70% in August alone, according to industry group Oil & Gas UK.The increases reportedly were due to depleted stocks following a cold winter in 2020, reduction in supply from Russia, and increased demand for liquefied...
Volvo Autonomous Solutions and Holcim Switzerland have entered a collaboration to jointly test and further develop the use of autonomous electric haulers in a limestone quarry. Holcim’s quarry Gabenchopf in Siggenthal has been chosen as the site for this project. The battery-electric haulers currently being...
UK Business and Energy Secretary Kwasi Kwarteng met with US Secretary of Energy Jennifer M. Granholm today (4 November 2021) at the UN COP26 summit in Glasgow, where they discussed strengthening cooperation to accelerate the global transition to clean energy and build back better ambitions....
H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Head of the UAE delegation to the 26th Conference of Parties to the United Nations Framework Convention on Climate Change - UNFCCC (COP26), attended today the official launch ceremony of...
SkyDrive Inc., an advanced air mobility solutions employing flying cars and cargo drones, announced that the company’s application for a type certificate for its flying car was accepted by the Ministry of Land, Infrastructure, Transport, and Tourism (MLIT) on October 29, 2021. As such, the...
The U.S. Department of Energy (DOE) has awarded $199 million to fund 25 projects aimed at putting cleaner cars and trucks on America’s roads, including long-haul trucks powered by batteries and fuel cells, and at improving the nation’s electric vehicle (EV) charging infrastructure. While in New York, they will discuss the enormous benefits of electrification and alternative-fuel technologies, through programs like SuperTruck, to combat...
Four more energy suppliers are set to stop trading from today due to UK’s energy crisis, which brings the total of collapsed firms to 18. Omni Energy, MA Energy, Zebra Power, and Ampoweruk leave some 23,700 domestic and non-domestic customers awaiting a new supplier, which will...
The governments of South Africa, France, Germany, the United Kingdom and the United States of America, along with the European Union, have today announced a new ambitious, long-term Just Energy Transition Partnership to support South Africa’s decarbonisation efforts. The Partnership aims to accelerate the decarbonisation of...