Oil & Gas
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BP Aims to Build 50GW of Renewables by 2030, Cut Fossil Fuel Output by 40%
BP will cut its oil and gas output by 40 percent by 2030 and increase its low-carbon investment tenfold by then, the company announced Tuesday as it begins to detail its 2050 net-zero strategy.
BP, which first revealed its net-zero...
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Global Aeroderivative Distributor, AP+M, Announces Acquisition of MRO Services Company, Aero Controls & DLE Consultants U.S Operations
AP&M Holdings, LLC (AP&M) concluded the acquisition of Aero Controls & DLE Consultants, Inc. (AC-DLE Inc.), the USA operations of Norwegian based Aero Controls & DLE Consultants AS. AC-DLE Inc. is an aeroderivative Operations & Maintenance and Field Services...
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EU to boost green hydrogen use for decarbonisation, focus on energy efficiency
The European Commission on Wednesday unveiled a strategy to scale up renewable hydrogen projects across polluting sectors from chemicals to steel and push for clean fuels and energy efficiency to meet the EU's net-zero emissions goal by 2050.
European industry...
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Green Hydrogen from Water Electrolysis, Solution for Sustainability
Water electrolysis is increasingly emerging as a key technology for building a sustainable, flexible energy system and carbon-free industry.
Recently technology group thyssenkrupp has expanded its manufacturing capacities for electrolysis plants and can now produce electrolysis cells with a total...
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Keppel and Mitsubishi Heavy Industries to jointly explore hydrogen powered tri-generation plant concept for data centres in Singapore
Keppel Data Centres Holding Pte Ltd (Keppel Data Centres) and Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP) have inked a memorandum of understanding (MOU) to jointly explore the implementation of the hydrogen powered tri-generation plant concept for data...
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ADB, APPC Sign Loan for Gas-Fired Power Plant to Enhance Afghanistan’s Energy Security
The Asian Development Bank (ADB) and the Afghan Power Plant Company Limited (APPC) signed a $10 million loan as part of a financing package for the Mazar gas-fired power plant, supporting Afghanistan’s efforts to achieve long-term energy security through...
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Siemens HVDC power bridge will connect Crete with mainland Greece
A consortium led by Siemens Gas and Power has been awarded a turnkey contract for two converter stations for the Greek high-voltage direct-current (HVDC) link that will connect Crete, Greece’s largest and most populous island, with the mainland of...
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