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Global Energy Race: China Backs Clean, US Returns to Fossils

Rising global temperatures and the growing imperative of climate action have pushed the world's largest economies into a global energy race to dominate renewable energy. The international race for clean energy is already on, with China's focused investments and...

Russia and China to Advance Power of Siberia 2 Gas Pipeline

Russia and China signed a legally binding agreement to advance the long-delayed Power of Siberia 2 gas pipeline, strengthening their commercial partnership in a development likely to be interpreted as a significant message to Western powers. Alexei Miller, chief executive...

MoU Signed For Korea-US Nuclear Energy Cooperation Expansion

South Korean President Lee Jae Myung and US President Donald Trump engaged in “meaningful” talks on Korea-US nuclear energy cooperation during their summit in Washington, according to Lee’s National Security Adviser Wi Sung-lac. During the Korea-US Business Roundtable at the...

DEWA’s Green Hydrogen Project Surpasses 100 Tonnes in Output

HE Saeed Mohammed Al Tayer, Managing Director and CEO of the Dubai Electricity and Water Authority (DEWA), revealed that the DEWA’s Green Hydrogen project has produced over 100 tonnes of green hydrogen since production started in May 2021. A...

Masdar led Consortium Secure Financing for Al Sadawi Solar Project

Project financing is now secured for the construction of one of the most ambitious solar plants, set to become one of the world’s largest solar installations. The deal gathers eight of the region's and world's leading banks, whose commitments will...

Aramco Signs $11b Jafurah Midstream Deal With GIP Consortium

Jafurah Midstream Gas Company has secured a major foreign direct investment, together with a lease and leaseback agreement for the development and usage rights of Aramco's midstream assets at Jafurah. The transaction guarantees Aramco a receipt of $11 billion...

Envision Energy Unveils Smart Two-Blade Wind Turbine Design

China’s Envision Energy has achieved a major engineering milestone by creating a two-blade wind turbine capable of delivering performance on par with traditional three-blade models. After a consecutive operating time of 500 days, the turbine has proven itself to be...

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