Exxon, JERA of Japan sign MOU with Vietnam for LNG power station
Exxon Mobil of the US and JERA of Japan have come together to build an LNG power plant in Vietnam. ...
Japan to attain zero emissions, carbon neutral society by 2050
Prime Minister Suga’s commitment to zero emissions, carbon neutral society is a big shift in Tokyo’s climate change ...
Venezuela oil industry facing near collapse, inventories go up by 84%
Venezuela is facing an economic and humanitarian crisis with its main industry–oil production facing sanctions and...
Wind and Solar Energy cheaper than fossil fuel as electricity source
Wind and solar power are the cheapest form of new electricity in most of the world today. ...
BP To Make Global Job Cuts Mandatory : BP Layoffs 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...
Mitsui to end investments in coal-run power stations
Mitsui of Japan has said it will end investments in fossil fuel power stations to meet its goals of zero emission by 205...
Solar cheapest electricity power now, says IEA
Solar and wind energy will lead the surge in renewables in the coming decades, says world body on alternative sources. ...
France ups the ante by increasing penalty tax on carbon emissions by cars
France introduces a new carbon emission tax plan that will make buyers of gas-guzzlers like Porsche and Ferrari to recon...
Petrobas of Brazil to sell off shore gas fields to consortium
Petrobas, which is divesting assets to raise some $30 billion in the next five years, is selling to 3R Petroleum and DBO...
