Bill Gates' efforts to divest from fossil fuels

Bill Gates' efforts to divest from fossil fuels

By Anna Domanska - Feb 15, 2021

In 2015, Bill Gates in an interview with The Atlantic talked of how disinvestment in fossil fuels by the big-name compan...

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Total’s earnings in Q4 improve as oil prices stabilized

Total’s earnings in Q4 improve as oil prices stabilized

By Anna Domanska - Feb 10, 2021

French supermajor Total reported a net loss of $7.2 billion for 2020, down from a profit of $11.27 billion for 2019, i...

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Amazon announces ‘largest renewable project’ to date

Amazon announces ‘largest renewable project’ to date

By Anna Domanska - Feb 09, 2021

The Amazon-Shell HKN Offshore Wind Project is located 11 miles (18.5 kilometers) off the Dutch coast and covering an are...

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Sinan offshore wind farm, world’s largest, to be built in South Korea

Sinan offshore wind farm, world’s largest, to be built in South Korea

By Anna Domanska - Feb 05, 2021

Hornsea, home to Britain’s largest offshore wind farm, may lose its claim to fame soon. A southwestern coastal town of...

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Oil prices rise on hopes of big stimulus money

Oil prices rise on hopes of big stimulus money

By Christy Gren - Jan 21, 2021

The crude oil prices showed an upswing with Brentwood going up to $56.08 a barrel and the US West Texas Intermediate cru...

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General Electric claims Siemens Energy used stolen theft secrets to win contract bids

General Electric claims Siemens Energy used stolen theft secrets to win contract bids

By Anna Domanska - Jan 15, 2021

General Electric Co. has accused rival Siemens Energy AG of using stolen trade secrets to rig bids for lucrative contrac...

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SK Group of South Korea picks up 9.9% stake in Plug Power of US

SK Group of South Korea picks up 9.9% stake in Plug Power of US

By Anna Domanska - Jan 08, 2021

South Korea conglomerate SK Group will invest $1.5 billion in US hydrogen fuel cell maker Plug Power to boost the use of...

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Vestas inks $600 million partnership with Copenhagen Infrastructure Partners

Vestas inks $600 million partnership with Copenhagen Infrastructure Partners

By Christy Gren - Dec 21, 2020

Under the new partnership with CIP, Vestas will launch a new Energy Transition Fund by next year, with Vestas as anchor ...

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Green Hydrogen Catapult coalition to halve hydrogen production cost by 2026

Green Hydrogen Catapult coalition to halve hydrogen production cost by 2026

By Anna Domanska - Dec 08, 2020

Stay abreast of the latest energy news by subscribing to the nation’s fastest-growing business magazine, Industry Lead...

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