Exxon, JERA of Japan sign MOU with Vietnam for LNG power station

Exxon, JERA of Japan sign MOU with Vietnam for LNG power station

By Christy Gren - Oct 29, 2020

Exxon Mobil of the US and JERA of Japan have come together to build an LNG power plant in Vietnam. ...

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Japan to attain zero emissions, carbon neutral society by 2050

Japan to attain zero emissions, carbon neutral society by 2050

By Anna Domanska - Oct 27, 2020

Prime Minister Suga’s commitment to zero emissions, carbon neutral society is a big shift in Tokyo’s climate change ...

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Venezuela oil industry facing near collapse, inventories go up by 84%

Venezuela oil industry facing near collapse, inventories go up by 84%

By Anna Domanska - Oct 25, 2020

Venezuela is facing an economic and humanitarian crisis with its main industry–oil production facing sanctions and...

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Wind and Solar Energy cheaper than fossil fuel as electricity source

Wind and Solar Energy cheaper than fossil fuel as electricity source

By Anna Domanska - Oct 22, 2020

Wind and solar power are the cheapest form of new electricity in most of the world today. ...

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BP To Make Global Job Cuts Mandatory : BP Layoffs 2020

BP To Make Global Job Cuts Mandatory : BP Layoffs 2020

By Christy Gren - Oct 19, 2020

Only a quarter of BP’s planned 10,000 job cuts is going to be voluntary. According to an internal memo, BP plans to ma...

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Mitsui to end investments in coal-run power stations

Mitsui to end investments in coal-run power stations

By Christy Gren - Oct 15, 2020

Mitsui of Japan has said it will end investments in fossil fuel power stations to meet its goals of zero emission by 205...

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Solar cheapest electricity power now, says IEA

Solar cheapest electricity power now, says IEA

By Christy Gren - Oct 15, 2020

Solar and wind energy will lead the surge in renewables in the coming decades, says world body on alternative sources. ...

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France ups the ante by increasing penalty tax on carbon emissions by cars

France ups the ante by increasing penalty tax on carbon emissions by cars

By Anna Domanska - Oct 10, 2020

France introduces a new carbon emission tax plan that will make buyers of gas-guzzlers like Porsche and Ferrari to recon...

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Petrobas of Brazil to sell off shore gas fields to consortium

Petrobas of Brazil to sell off shore gas fields to consortium

By Christy Gren - Oct 09, 2020

Petrobas, which is divesting assets to raise some $30 billion in the next five years, is selling to 3R Petroleum and DBO...

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