News & Press Releases

An economist describes the current situation in Malaysia as "enviable" due to the fact that fuel subsidies have protected households from the effects of rising oil prices. Even though there is this acceleration in inflation, and one is going to be...

A huge expansion of the Namaat industrial investment strategies has been announced by the Saudi Arabian Oil Company (Aramco), with 55 agreements and Memorandum of Understanding covering the sustainability, digital, manufacturing, industrial, and social innovation sectors. Namaat, which has increased...

The developer of wind farms, OX2, has submitted a request to build an offshore wind farm in the Baltic Sea, around 20 kilometres off the Swedish island of Gotland. A total of 370 wind turbines with a cumulative capacity...

Vestas has conducted a pilot study in cooperation with Windcat Workboats to investigate how the first hydrogen-powered crew transfer vessel (CTV) can assist in lowering carbon emissions from its offshore service operations. The CTV is propelled by a dual-fuel system that...

In order to decarbonize its industry and speed up the energy transition, Germany plans to invest roughly EUR 3.6 billion (USD 3.75 billion) to boost worldwide collaboration in the green hydrogen sector. The expenditure plan was made public in...

On July 6th, European lawmakers will decide whether to accept or reject ideas that have divided governments and investors about the EU's aim to identify expenditures on gas and nuclear power plants as climate-friendly. The vote is the last...

The industry ministry announced on July 5th that South Korea intends to expand the share of nuclear power in the nation's energy mix from 27% to 30% or more by 2030 and pledged to resume halted building work on two reactors. Yoon...