News & Press Releases
News & Press Releases
Fossil Fuels Still Get Better Bank Finance Than Renewables
As per a recent report, banks gave 81 cents for every dollar spent when it came to financing support to low carbon energy supply across 2021. However, they will have to ramp up the commitments much further in order...
News & Press Releases
700 MW of Offshore Wind Power Up For Grabs In Lithuania
The Lithuanian Ministry of Energy is all set to announce a tender to develop an offshore wind farm. The ministry has already submitted draught government resolutions for the public's consultation covering the Baltic Sea location where a 700 MW...
News & Press Releases
2022 Sees Highest New Coal Plant Nods In China Since 2015
China had approved the construction of 106 gigawatts of coal-fired capacity in 2022, which was four times more than what had happened in 2021, and as a matter of fact, it remains the highest since 2015, driven by energy...
News & Press Releases
Tax Overhaul To Offset Revenue Decline By Russian Oil Firms
Russia is on the verge of completely overhauling the tax rules so as to offset the drop in revenues from the oil companies that have been hit by price caps as well as international sanctions, with changes that are...
News & Press Releases
Gas Flaring Restrictions To Be Tightened More – EPA Urged
Congressional Democrats have urged the Environmental Protection Agency to make its proposal more robust in order to regulate the planet warming methane gas emissions from the nation’s oil and gas industry. The letter, which apparently was led by Senator...
News & Press Releases
Russian 500,000 Barrels A Day Cut To See A Further Increase
According to a Reuters report, Russia is all set to increase the 500,000 barrels per day cuts it announced for next month in what appears to be retaliation for Western sanctions by cutting petroleum exports from western ports by...
News & Press Releases
Gulf of Mexico Eyes First Offshore Wind Auction Backed By US
On February 22, the United States proposed the sale of its first offshore wind power development rights in the Gulf of Mexico, thereby expanding the nascent clean energy sector into a major hub when it comes to the production...
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