Indonesia Opens $4bn Lotte Petrochemical Plant

Indonesian President Prabowo Subianto inaugurated Lotte Chemical’s $4 billion petrochemical complex on Thursday, November 6, marking…

Weakened EU Climate Goal Highlights Growing Rift Over Green Transition

EU climate ministers agreed on a 2040 climate change target in the early hours of Wednesday,…

Iraq Cancels Lukoil Cargoes as U.S. Sanctions Bite

Iraq’s state oil marketing company SOMO has cancelled three crude loadings from Russia’s Lukoil this month…

Offshore Setbacks Push Ørsted to $262 Million Loss in Q3

Ørsted, the world’s largest offshore wind developer, reported on Wednesday, November 5, a loss for the third quarter…

Brazil’s Lula Calls for ‘COP of Truth’ as UN Sounds Alarm on Rising Emissions

With a U.N. report warning that worldwide carbon emissions remain too high to halt global warming,…

EU Countries Agree Deal on 2040 Climate Target – EU Danish presidency

EU countries’ climate ministers approved on Wednesday, November 5, a 2040 climate change target to cut…

Morocco Signs Deal to Deliver 5GW of Green Power by 2030

Moroccan Head of Government Aziz Akhannouch presided over the signing of a landmark agreement in Rabat…

DEWA Launches Bidding for Storage Project in Dubai

Dubai Electricity and Water Authority (DEWA) has invited qualified companies and consortia to submit proposals for…

Baltic Storage Platform Secures €85.6m for Projects in Estonia

The Baltic Storage Platform joint venture, formed by Corsica Sole, Evecon, and Mirova, has secured €85.6…

Schneider, PETRONAS, UMT Launch Renewable Energy Centre in Malaysia

Schneider Electric, in partnership with PETRONAS and Universiti Malaysia Terengganu (UMT), has launched the Centre for…