Allowance prices in EU’s emissions cap-and-trade scheme drop by a third as lower power prices hit demand
Hardeep Singh Puri says upstream oil is vital as country goes all out to boost its energy sector across E&P, gas, biofuels and hydrogen amid booming demand
The Ningdong Energy and Chemical Industry Base in northwest China's Ningxia Hui Autonomous Region, one of China's major energy production bases, is eyeing opportunities in hydrogen energy production.
Hydrogen plane startup ZeroAvia said it had secured $37.7 MM in new cash via a funding round led by Bill Gates' Breakthrough Energy Ventures and from the British government to support its bid to develop zero-emission aircraft.
The first tests of hydrogen fuel in ocean-going vessels took place in the latter half of 2020, as the maritime industry explores technologies to reduce CO2 emissions and confidence grows in the safety of hydrogen's use as a commercial fuel.
Japan aims to eliminate gasoline-powered vehicles in the next 15 years, the government said, in a plan to reach net zero carbon emissions and generate nearly $2 trillion a year in green growth by 2050.
Hyundai and INEOS will jointly investigate opportunities for the production and supply of hydrogen as well as the worldwide deployment of hydrogen applications and technologies.
BP and Ørsted signed a letter of intent (LOI) in mid-November 2020 to jointly develop a project for industrial-scale production of green hydrogen—a significant step in developing BP's hydrogen business. Green hydrogen is made by the electrolysis of water using renewable power, producing zero emissions.
Operations have started on the middle portion of the China-Russia East natural gas pipeline, allowing natural gas from the Power of Siberia system in Russia to be transmitted to the smog-prone Beijing-Tianjin-Hebei region in northern China.
Enbridge, citing a recent pledge to achieve net-zero greenhouse gas emissions by 2050, broke ground on a second solar facility to help power natural gas pipeline compressor stations.
A lawsuit filed on behalf of Flint, Michigan residents, who were harmed by lead-tainted water, proposed a settlement that totals about $641 million.
Chicago water management officials say they are working on a plan to replace the lead service pipes that connect more than 350,000 homes to the city’s cast-iron street mains, but it is not clear how the massive program will be funded.