-
Chevron buys renewable energy group for $3 billion
Time of Update: 2022-04-24
The agreement is expected to accelerate Chevron's goal of increasing renewable fuel capacity to 100,000 barrels per day by 2030, as well as bringing additional feedstock supplies and pre-processing facilities, the company said in a statement .
-
Natural gas prices have risen 1100% in a year!
Time of Update: 2022-04-24
The Norwegian fertilizer giant Yara announced on March 9 that it will temporarily cut output at two of its European plants due to record natural gas prices in Europe .
-
Major oil-producing countries maintain their original plan to increase production
Time of Update: 2022-04-24
According to the statement issued by OPEC, the participating oil-producing countries reconfirmed the production adjustment plan and monthly production adjustment mechanism approved by the 19th ministerial meeting, and decided to increase the monthly total production in April by an average of 400,000 barrels per day according to the original schedule.
-
Gem machinery international market blossoms more
Time of Update: 2022-04-24
The company also sold well workover rigs, drilling pumps, wire ropes and other products in batches to North Africa for the first time, further expanding the market in Asia and Africa, and achieving new growth in the market of countries along the “Belt and Road” and the African market in terms of order quantity and product variety breakthrough .
-
Egypt to explore low-carbon hydrogen production
Time of Update: 2022-04-24
"We are very proud to be contributing to Egypt's future national low-carbon hydrogen strategy, which is in line with the bank's commitment to mitigating climate change in its investment areas," said Mark Bowman, EBRD's Vice President for Policy .
-
Celanese acquires DuPont's premium materials business
Time of Update: 2022-04-24
Celanese announced that it has acquired most of DuPont's transportation and materials business for $11 billion .
The acquired DuPont Engineering Plastics and Elastomers business will achieve sales of $3.
-
Finnish startup pledges to develop 50 hydrogen refueling stations by 2030
Time of Update: 2022-04-24
The government hopes the hydrogen fueling stations in Helsinki, Turku and Tampere will enable early trucking and shipping companies to implement hydrogen-powered vehicles .
-
Bluestar Elkem's Green Innovation Achievements Famous Overseas - Recognized and Supported by the French and Norwegian Governments
Time of Update: 2022-04-24
, the Norwegian Institute of Energy Technology in an innovative project to support Norway’s green transition by reducing carbon emissions in battery production, which will cover all aspects of the battery value chain .
-
IEA: Global carbon emissions to rebound to record high in 2021
Time of Update: 2022-04-24
In 2021, adverse weather and energy market conditions (especially surging natural gas prices) have exacerbated the recovery in energy demand, which has led to more coal burning despite the largest ever increase in renewable power generation .
-
European chemical industry faces tough year
Time of Update: 2022-04-24
In addition, the reduction in natural gas supply will also affect the ammonia and downstream fertilizer industries in Europe .
In addition, Engel said that high natural gas prices have adversely affected BASF's performance .
-
Italian energy groups Sorgenia and Iren to build large LNG terminal
Time of Update: 2022-04-24
A spokesman for the Italian regional utility said: "Iren is ready to provide the resources and skills to help build the terminal .
Earlier on Tuesday, top utility Enel said it was ready to implement plans to build an LNG terminal .
-
GM Thailand Plant's New PCR Products Offline
Time of Update: 2022-04-24
The first phase of the project, with an investment of US$300 million, includes 1 million all-steel radial tires and 6 million semi-steel radial tires.
It is one of the largest projects invested by Chinese manufacturing companies in Thailand that year .
-
ADNOC partners with Proman to develop world-class methanol facility
Time of Update: 2022-04-24
The Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Proman, one of the world's leading methanol producers, to produce a new facility at Ta'Ziz in Ruwais, Abu Dhabi, according to Arab trade news on March 6.
-
Germany aims to achieve 100% renewable energy by 2035
Time of Update: 2022-04-24
Germany's new coalition government may plan to completely phase out fossil fuels from the country's electricity mix by 2035, according to the ICIS website, according to the German Ministry of Economy and Climate.
"The amendment to the German Renewable Energy Act (EEG) is complete .
-
South Africa to develop green hydrogen production using 100kW photovoltaic system
Time of Update: 2022-04-24
The companies said the POC will be one of the first projects in South Africa to demonstrate the feasibility of producing green hydrogen from solar energy .
-
Showa Electronics will change its name and reorganize its corporate structure
Time of Update: 2022-04-24
On March 9, Showa Denko, a veteran Japanese chemical company, announced that it plans to transform the existing corporate structure into a new holding company and a manufacturing company, and will change its name .
-
World's first large-scale floating wind power project approved
Time of Update: 2022-04-24
Sinochem News, according to "Energy Year" reported on March 4, the joint venture Aker Offshore Wind (Aker Offshore Wind) announced on Thursday that Korea Floating Wind has won the second award from the Korean government.
-
Lundin Energy ditches oil and gas business to focus on renewables
Time of Update: 2022-04-24
Following the completion of the proposed merger of Lundin Energy's exploration and production business with Aker BP, the renewable energy business will continue as a separate company with three assets in northern Europe .
-
Global VC LNG and Shell expand LNG partnership
Time of Update: 2022-04-24
The new agreement builds on Shell's existing 2mt/yr contract for the Calcasieu Pass LNG export terminal, bringing Shell's total long-term offtake from global VC facilities to 4mt/yr .
-
Germany accelerates the pace of energy transition
Time of Update: 2022-04-24
According to the German government draft, Germany now aims to use 100% renewable energy for electricity generation by 2035, compared with a previous target of fully renewable energy generation "well before 2040" .
