Oil/Energy

Venture Global and Sinopec Announce Historic LNG Sales and Purchase Agreements

Venture Global set to become America's top LNG exporter to China ARLINGTON, Va., Nov. 5, 2021 /PRNewswire/ -- Today, Venture Global LNG and China Petroleum & Chemical Corp. (Sinopec) announced the signing of two 20-year Sales and Purchase Agreements (SPA) for the supply of a total of 4 million t...

2021-11-05 00:29 4827

Sinopec Signs Long-term Contract with Venture Global LNG

BEIJING, Nov. 4, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has signed a 20-year liquified natural gas (LNG) contract with U.S. LNG producer and exporter Venture Global LNG onNovember 4, 2021, to purchase 4 million tons of LNG a year.

2021-11-04 20:16 5074

New Tourism Coalition Brings Together World Leaders at COP26 to Accelerate Net Zero Transition

- New Sustainable Tourism Global Center (STGC) signals tourism's commitment to achieving net-zero emissions - Global sector figures join the STGC conversation at COP26 – from former state presidents to leading institutions - STGC aims for greater collaboration between public and private tourism ...

2021-11-04 08:42 4338

Fire Protection Coatings Market Booms as Increasingly Stringent Fire Standards and Environmental Regulations Rise

Hydrocarbon cementitious and hydrocarbon intumescent coatings to drive the global market, says Frost & Sullivan SAN ANTONIO, Nov. 4, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis, Global Fire Protection Coatings Growth Opportunities, finds that a rise in the stringency of regulations a...

2021-11-04 03:59 2499

Sinopec Exploits Shale Oil in Shengli Oilfield with Estimated Reserves of 458 Million Tons

* Producing 171 tons of shale oil daily, the Fanye-1 Well sets China's highest production record for a single shale oil well. * 1 million tons of shale oil production capacity expected to be built in the next five years. * Initial estimates of shale oil resources in the region amount to 4 bi...

2021-11-03 21:45 7014

Global Energy Sector Witnesses Transformation with the Digitalization of Power Distribution and Retail Utilities

Total expenditure in software, analytics, and information technology services within power distribution and retail companies will hit$33.42 billion by 2030, finds Frost & Sullivan SAN ANTONIO, Nov. 3, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis finds that the digitalization of power ...

2021-11-03 17:50 1975

World's First Transnational Solar Panel Network GGI-OSOWOG Launched In Glasgow

The India and UK-led programme seeks to connect 140 countries to round-the-clock green and renewable power GLASGOW, Scotland, Nov. 3, 2021 /PRNewswire/ -- The International Solar Alliance (ISA), India Presidency of the ISA, and the UK COP Presidency today unveiled plans for the first transnation...

2021-11-03 06:44 5232

Frost & Sullivan Explores the Pathway to Net Zero

Webinar will focus on key technology solutions of the future and current best practices driving decarbonization SAN ANTONIO, Nov. 2, 2021 /PRNewswire/ -- The need to tackle climate change is crucial, and companies must act. Chief executive officers (CEOs) worldwide are exploring decarbonization ...

2021-11-02 19:02 2229

Arab youth back climate action with over half saying they will boycott brands that damage the environment: 13th ASDA'A BCW Arab Youth Survey

DUBAI, UAE, Nov. 2, 2021 /PRNewswire/ -- More than half of young Arabs (56%) said they are concerned about climate change, and a similar number will boycott a brand seen to be operating in a way that damaged the environment. This compelling sentiment, which reflects the growing concerns towards c...

2021-11-02 18:02 3246

Sims Limited Releases Fiscal Year 2021 Sustainability Report

NEW YORK, Nov. 2, 2021 /PRNewswire/ -- Sims Limited, a global leader in metal recycling and data center IT circularity, and an emerging leader in municipal recycling and renewable energy, today announced the publication of itsfiscal year 2021 Sustainability Report, which highlights the company's ...

2021-11-02 18:00 3393

Zhongtian Energy Storage Showcases Green Energy Storage Solutions at 8th Global Solar + Energy Storage Conference&Expo

NANTONG, China, Nov. 2, 2021 /PRNewswire/ -- Zhongtian Energy Storage Technology Co., Ltd., ("Zhongtian Energy Storage"), a subsidiary of Jiangsu Zhongtian Technology Co., Ltd. ("ZTT"), has made waves at the 8th Global Solar + Energy Storage Conference&Expo with its latest low emissions green ene...

2021-11-02 17:42 3906

Scaling at a New Height: Sungrow Records 10 GW of PV Inverter Shipments in India

HEFEI, China, Nov. 2, 2021 /PRNewswire/ -- Sungrow, the global leading inverter solution supplier for renewables, creates a new record of PV inverter shipment inIndia - an amazing 10 GW. It has not been even one year since the last 7 GW record, announced inJanuary 2021. Over the past ten months t...

2021-11-02 10:07 3394

Sequoia Capital, GIC, Primavera Capital Explore Net Zero Economy through USD$1 Billion Investment In Envision

GLASGOW, Scotland, Nov. 1, 2021 /PRNewswire/ -- To mark the start of the 2021 United Nations Climate Change Conference ("COP26"), Envision Group ("Envision") announced the investment of overUS$1 billion by Sequoia Capital ("Sequoia"), GIC Private Ltd ("GIC"), and Primavera Capital ("Primavera"). ...

2021-11-01 20:26 3722

Yutong Proposes Initiative of Net-Zero Emissions by 2050 Ahead of COP26 in Green Push to Help World Achieve Carbon Targets

LONDON, Nov. 1, 2021 /PRNewswire/ -- Yutong Bus Co., Ltd. ("Yutong", SHA: 600066) released its proposal for Net-Zero Emissions by 2050 in the run-up to the COP26 running fromOctober 31-November 12 in the SEC in Glasgow, which will see a 55-strong zero-emissionsbus fleet manufactured by Yutong joi...

2021-11-01 18:54 6212

Sinopec's Ultradeep Prospecting Well to Produce 400,000 Cubic Meters of Shale Gas Daily

CHONGQING, China, Nov. 1, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has announced that the Dongye Deep 2 key shale gas prospecting well developed by Sinopec Exploration Company in Dongxi, Chongqing, with a buried depth of 4,300 meters, has been tested to pr...

2021-11-01 16:55 4367

Step-change Transaction Introduces Yibin Tianyi As Cornerstone Shareholder

$13.6M RAISING STRONGLY SUPPORTED PROCEEDS TO FAST-TRACK LITHIUM EXPLORATION IN CY2022 Key Highlights: * Heavily overbid $13.6 million placement to fast-track exploration activities at the Marble Bar Lithium Project (MBLP). * As part of the placement, the lithium chemical arm of Contemporar...

2021-11-01 11:27 2867

Siemens Energy appoints Samuel Morillon as Senior Vice President for Asia Pacific Hub

* Samuel Morillon appointed Senior Vice President for Siemens Energy Asia Pacific Hub * Region covers 16 countries and includes more than 2,300 employees SINGAPORE, Nov. 1, 2021 /PRNewswire/ -- Siemens Energy has appointed Samuel Morillon as the Senior Vice President for the Asia Pacific Hub, ...

2021-11-01 10:03 3796

Shanghai Electric Announces New Metro Train Turnback Time Record Achieved Using THALES SEC Transport's TSTCBTC®2.0 Signaling System

SHANGHAI, Oct. 29, 2021 /PRNewswire/ -- Shanghai Electric (the "Company") (SEHK: 02727, SSE: 601727) announced that the record for the turnback time of metro trains has been smashed by the TSTCBTC®2.0 signaling system in a live demonstration carried out by THALES SEC Transport (TST), Shanghai Ele...

2021-10-29 21:57 6372

Mainstream Renewable Power and Partners Awarded 1.27 GW of New Wind and Solar Projects in South Africa

OSLO, Norway, Oct. 29, 2021 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the global wind and solar company majority-owned by Aker Horizons, announces today that twelve of its projects have won preferred bidder status in Round 5 ofSouth Africa's Renewable Energy Independent Power Pro...

2021-10-29 14:52 1953

GSMA Urges Industry Leaders to Scale Existing Smart Tech in The Race to Net Zero

Underused Smart Tech Could Contribute 40% of Required Carbon Emission Savings For Net Zero Goals LONDON, Oct. 29, 2021 /PRNewswire/ -- The GSMA calls on business leaders and policymakers to harness the potential of mobile connectivity and smart technology to achieve net zero by 2050 and lim...

2021-10-29 07:05 2529