Oil/Energy
From a Cold Start to a US$180 Billion Market by 2035 - Green Hydrogen is Set to Displace, Outpace, and Outgrow Polluting Alternatives
Green hydrogen production is rapidly accelerating, driven by demand from hard-to-abate heavy industries, surpassing past conservative predictions LONDON, Nov. 14, 2024 /PRNewswire/ -- Green Hydrogen (H2) is the cleanest form of hydrogen production. It's produced by renewable energy with zero CO2 ...
ARX - an adventure in the world of engineering and design
GRONO, Switzerland, Nov. 14, 2024 /PRNewswire/ -- By expanding its expertise and integrating several complementary competencies through both organic growth as well as mergers and acquisitions over the last few years, Pini Group has undergone a significant evolution, transforming into a new entity...
Growth in Value-Added Downstream Sector Counters El Niño Impacts for Golden Agri
* Nine-month 2024 revenue grew by 8% year-on-year while EBITDA increased to US$758 million with a margin of 9.6% * Downstream business growth mitigated the impact of lower production caused by El Niño conditions * Underlying profit impacted by increased financial expenses and income tax SIN...
BB Energy and SGTraDex renew partnership to further digital borrowing base financing in Asia's trade finance sector
SINGAPORE, Nov. 14, 2024 /PRNewswire/ -- BB Energy and SGTraDex renew strategic partnership to advance digital borrowing base financing acrossAsia. This continued collaboration underscores both companies' commitment to streamlining access to online financing and advancing digital trade financing ...
Two new energy projects in Turfan, Xinjiang, are connected to the grid for power generation
TURFAN, China, Nov. 14, 2024 /PRNewswire/ -- Recently, two 220 kV transmission projects of booster collection stations in the alkali spring sub-area of Shanshan County, Turfan City have been completed and put into operation, ensuring the smooth grid connection of photovoltaic new energy projects ...
Business and finance call on government to unlock demand for low-carbon products and accelerate industrial projects worth $1,000,000,000
* Endorsed by 40+ global business leaders and 700+ financial institutions,
the Industrial Transition Accelerator (ITA) has issued anopen letter
SAP Applauded by Frost & Sullivan for Driving Sustainability in Energy, Oil, and Gas, and its Market-leading Position
SAP prioritizes sustainability to enhance global well-being and drive success, leading with carbon-neutral operations and empowering customers to develop smart, sustainable enterprises. SAN ANTONIO, Nov. 14, 2024 /PRNewswire/ -- Recently Frost & Sullivan assessed the digital sustainability in th...
INTLEF Shines at ADIPEC 2024
SHANGHAI, Nov. 13, 2024 /PRNewswire/ -- On Nov. 4, 2024, the highly anticipated ADIPEC 2024 Exhibition and Conference opened grandly inAbu Dhabi, the capital of the UAE. It has attracted over 2,000 exhibitors and industry experts from around the world to explore the future of energy developmen...
Masdar Signs Agreement to Develop 1GW Mingbulak Wind Farm in Uzbekistan
* Joint Study Agreement with Ministry of Energy of Uzbekistan signed on sidelines ofCOP29 in Baku * New 1GW wind farm in Mingbulak will create 1,000 jobs and deliver clean energy to 300,000 homes in the region * Agreement marks first phase of broader strategy to develop 2GW of new wind proj...
Turfan, Xinjiang: 90,000 households have achieved clean heating
TURFAN, China, Nov. 13, 2024 /PRNewswire/ -- On November 13, Turfan's annual "coal-to-electricity" project was completed, and 90,172 households bid farewell to traditional coal-fired heating and achieved clean heating. In order to allow residents to use cleaner and safer new electric heating equ...
Lake Resources further strengthens financial position with sale of non-core assets
SYDNEY, Nov. 13, 2024 /PRNewswire/ -- Lake Resources N.L. (ASX:LKE; OTC:LLKKF) ( Lake or the Company) is pleased to announce that a wholly-owned subsidiary of Lake has entered into an asset sale agreement with Austroid Corporation for the sale of three of its non-core lithium brine assets inArgent...
SEforALL's CEO, Damilola Ogunbiyi, named to the 2024 TIME100 climate list of the 100 most influential leaders driving business climate action
Sustainable energy and development trailblazer receives yet another prestigious award BAKU, Azerbaijan, Nov. 12, 2024 /PRNewswire/ -- TIME has named the CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All, and Co-Chair of UN-Energy, Damilola Ogunbiyi, in its...
MOVING FORWARD ON CLIMATE CHANGE: MALAYSIA'S COMMITMENT TO A JUST AND ACCELERATED TRANSITION TOWARDS A SUSTAINABLE FUTURE
BAKU, Azerbaijan, Nov. 12, 2024 /PRNewswire/ -- Malaysia has firmly set itself
on the path of climate action. We are determined to act, regardless of what is
happening in the world, because that is the right thing to do for the future of
our people and country.
Global Vloggers Explore China Huadian's Landmark Energy Projects
DENPASAR, Indonesia, Nov. 12, 2024 /PRNewswire/ -- A group of international vloggers has embarked on a journey to document China Huadian Corporation's overseas projects along the Belt and Road Initiative, showcasing the company's achievements in green energy, technological innovation, and social...
OCI Global Q3 2024 Trading Update
AMSTERDAM, Nov. 12, 2024 /PRNewswire/ -- OCI Global reports Q3 2024 trading update. Hassan Badrawi, CEO of OCI Global: "During the course of the third quarter and the quarter to date, OCI has achieved significant milestones in its strategic transformation. We announced the sale of OCI Methanol ...
Philippine's Citicore Renewable Energy Corporation locks in supply deal with 2GW of solar modules with Trinasolar
At full speed towards CREC's 5GW commitment with this newest supply contract MANILA, Philippines, Nov. 12, 2024 /PRNewswire/ -- Leading Philippine renewable energy developer Citicore Renewable Energy Corporation (CREC) held a ceremonial signing for a 2-gigawatt (GW) module supply contract with T...
TotalEnergies ENEOS Completes Solar Rooftop Project with PT. Perusahaan Industri Ceres, Indonesia's leading Chocolate Confectionery Producer
JAKARTA, Indonesia, Nov. 12, 2024 /PRNewswire/ -- TotalEnergies ENEOS has successfully completed the installation of a 2.2 megawatt-peak (MWp) solar rooftop project with PT. Perusahaan Industri Ceres (Ceres), a leader in Indonesian chocolate confectionery products. With over 3700 modules in...
Aden Energies secures investment from HSIF, sets 1.5GW as Phase I target
HONG KONG and SINGAPORE, Nov. 12, 2024 /PRNewswire/ -- Aden Energies, a B2B renewables and EnergyTech subsidiary of Aden Group is pleased to announce it has formed a strategic partnership with HongShan Infrastructure Fund. The two will form an asset-heavy entity based inHong Kong and Singapore, o...
CarbonChain has received third-party validation for its latest Corporate Carbon Footprint Accounting and Reporting Methodology and Product Carbon Footprint Accounting and Reporting Methodology
- and additional sector-specific methodologies for oil & gas, transport, and metals & minerals LONDON, Nov. 11, 2024 /PRNewswire/ -- CarbonChain – an AI-powered carbon tracking platform that provides companies with end-to-end visibility into supply chain emissions – believes that it is the first...
ADNOC Gas Delivers Strong Q3 Results; Board Approves Strategy Update
$1.24bn quarterly net income in Q3, up 11% YoY beating market expectations Revenues of $6.28 billion exceeding $6 billion for fourth quarter in a row Q3 results coincide with ADNOC Gas' Board approval of an updated growth strategy Updated strategy targets over 40% growth in EBITDA by 2029 and in...
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