Friday, July 5, 2024

Energy

Pakistan suspends multi-billion dollar gas pipeline project with Iran, cites US sanctions 

Pakistan has postponed its multi-billion gas pipeline project with Iran until international sanctions on Iran are lifted, officials confirmed.

New Zealand aims to achieve 100% renewable electricity with the launch of $1.2 Billion climate fund

New Zealand Government and BlackRock to collaborate on first of its kind climate infrastructure fund in New Zealand to unlock investment to support 100% renewable electricity generation.

World’s largest hybrid solar-hydro plant becomes operational in China

The Kela photovoltaic power station, located in the Yalong River Basin of the Tibetan Autonomous Prefecture of Garze, has a remarkable installed capacity of 1 million kilowatts, making it the largest hydro-solar power grid on the planet.

Saudi Arabia and Azerbaijan sign energy cooperation deal

The deal was signed by Saudi Energy Minister Prince Abdulaziz bin Salman and his Azerbaijani counterpart Parviz Shahbazov during a meeting in Riyadh.

Emirates successfully tests Boeing 777 flight powered by sustainable aviation fuel

After taking off from Dubai International Airport, the Boeing 777-300ER flight flew for nearly one hour over the coastline of the UAE with one of its two engines entirely powered by environment friendly fuel.

Qatar, China sign 27-year LNG deal worth $60 billion

The agreement worth $60 billion is the longest LNG deal struck to date as buyers are seeking long-term contracts amid unstable markets.

Turkey and Russia to jointly work on setting up natural gas hub, says Erdogan

Thrace region in northwestern Türkiye near the Greek border would be the "most important place for this business", according to President Erdogan.

Germany signs major LNG deal with UAE to replace Russian gas supply before winter

Germany and the United Arab Emirates have signed a “landmark” gas deal to supply liquefied natural gas to Europe's largest economy by the end of December.

Air Canada to buy 30 electric planes from Heart Aerospace

Air Canada will also acquire a US$5-million equity stake in Heart Aerospace.

Germany to sign LNG contracts with UAE ahead of winter amid gas supply worries

Germany is expected to sign liquified natural gas (LNG) import deals with the United Arab Emirates within days, as it moves to replace all of the Russian energy imports

Latest News

Storms cause flooding in Switzerland, Italy and France as wildfires rage in Turkey and Greece

Extreme weather across Europe has caused four deaths in storms in Switzerland and northern Italy, while wildfires have forced evacuations in Greece and Turkey.