The Group of 20 (G20) major economies meeting in India failed on Saturday to reach consensus on phasing down fossil fuels following objections by some producer nations.
read more... 24/07/2023
Germany is set to hold on to its hydrogen economy goals up to 2030 and beyond while pressing for speed and allowing greater leeway in transitioning from fossil fuels-based variants to renewables, a draft paper showed on Wednesday.
read more... 13/07/2023
The European Commission proposed on Friday that EU countries jointly quit an international treaty that has been criticised for blocking efforts to fight climate change because its protection of energy investments extends to fossil fuels.
read more... 10/07/2023
French energy company Engie was awarded a land parcel in Oman on Wednesday, in the first step towards its plan to build an integrated renewable ammonia plant there and export 1.2 million tons of the green fuel to South Korea by the mid 2030s.
read more... 22/06/2023
Oil prices moved higher on Wednesday as Saudi Arabia's surprise production cuts outweighed weak Chinese export data and rising US fuel inventories. Brent crude gained 0.9%, or $0.66, to settle at $76.95 a barrel. Meanwhile, WTI crude traded up by 1.1%, or $0.79, closing at $72.53 a barrel.
read more... 08/06/2023