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HomeInternational News

International News

TOKYO
International News

TOKYO GAS TO SPEND $1.4 BLN ON RENEWABLE POWER AT HOME AND ABROAD

June 9, 2023 Mariel Alumit

TOKYO, June 9 (Reuters) – Japan’s Tokyo Gas is shifting its overseas focus to renewable energy and away from regional upstream gas projects as it seeks to combat climate change, its president said, although it […]

Ørsted
Climate Crisis

Ørsted becomes world’s first energy company to issue blue bonds

June 9, 2023 Mariel Alumit

On World Ocean Day, Ørsted has become the first energy company in the world to issue blue bonds. The five-year, EUR 100 million blue bond was issued in a private placement format in accordance with the IFC Blue Finance Guidelines. Net […]

Ørsted
International News

Ørsted to Use Low-Carbon Steel and Recycled PV Panels as Part of Sustainability Efforts

June 9, 2023 Mariel Alumit

Ørsted and wind turbine manufacturer Vestas announced a partnership to promote sustainable business models. Under the collaboration, Ørsted will procure wind turbine towers made from low-carbon steel and blades made from recycled materials from Vestas […]

Eni
Energy Transition

Eni Inks Deal to Build Hybrid Renewables-Gas Plant in Kazakhstan

June 9, 2023 Mariel Alumit

Eni SPA entered into an agreement with Kazakhstan’s KazMunayGas (KMG) to build a 250-megawatt (MW) hybrid renewables and gas power plant in the Zhanaozen, Mangystau Region of Kazakhstan, the Italian state-owned energy company said Thursday. […]

RUSSIA
Exports

RUSSIA’S NOVATEK OFFERED ARGENTINA KNOW-HOW TO LIQUEFY GAS FROM VACA MUERTA

June 9, 2023 Mariel Alumit

MOSCOW, June 9 (Reuters) – Russia’s largest producer of liquefied natural gas (LNG) Novatek last year offered technology to build a plant to produce the gas from Argentina’s Vaca Muerta field, a highly-placed source familiar […]

OPEC
Crude Oil News

OPEC+ May crude output tumbles in first month of expanded voluntary cuts: Platts survey

June 9, 2023 Mariel Alumit

OPEC and its allies have begun accelerating their tightening of the oil market, with the group’s crude oil output shrinking 670,000 b/d in the first month of expanded voluntary cuts in May, according to the […]

Mining
Climate Crisis

Mining Critical to Renewable Energy Tied to Hundreds of Alleged Human Rights Abuses

June 9, 2023 Mariel Alumit

Over the past dozen years, hundreds of alleged human rights abuses have been committed by over 90 corporations mining minerals critical to the production of clean energy, a U.K.-based human rights organization said in a […]

Climate Crisis

“It’s Really Unprecedented”: Solar Power Generation Cut In Half Due To Canada Smoke

June 9, 2023 Mariel Alumit

For the sake of solar power, let’s hope Canada can bring its rampaging arsonists to heel. That’s because the shroud of smoke that covered much of the Eastern US seaboard, has sent solar power generation […]

Shell
Big Oil Companies

Shell plans to sell household energy supply arm

June 8, 2023 Mariel Alumit

Oil and gas giant Shell plans to sell its household energy supply businesses in the UK, Germany and the Netherlands, the company announced in a press release on Tuesday. After a five-month review of its […]

ExxonMobil
Big Oil Companies

The World’s Largest Energy Companies In 2023: The Rise Of Aramco, ExxonMobil And The Rest

June 8, 2023 Mariel Alumit

Last year was a great time to be in the oil business. Thanks to high prices topping $120 a barrel in June 2022, ExxonMobil made a record $62 billion in profits, and advanced seven spots […]

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