Latest News for: Energy major

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Exclusive: Total eyes UAE licensing rounds and regional renewables projects

The National 01 Mar 2021
French oil major Total is eyeing opportunities to invest in oil and gas blocks ... Total is not likely to rely on the resources of its majority-owned American renewable energy company SunPower Corporation in the Middle East, which leans towards lower-cost solar developers, he added.
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Johor set to become leading solar power producer in Southeast Asia

Malaysian National News Agency 01 Mar 2021
JOHOR BAHRU, Feb 28 -- Johor is set to become a major producer of eco-friendly energy in Southeast Asia with the opening of a solar power park ...
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Watch out! Biden wants to save the planet

Asiatimes 01 Mar 2021
... are being placed on the future of the world energy system, and market stability faces the dual menaces of a “green bubble” of climate-linked financial assets and a “carbon bubble” of potentially worthless fossil fuel assets.Consider the risk of a California-like horror scenario.
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FOCUS: Decades-long challenge to scrap Fukushima plant by 2051 in a bind

Kyodo 01 Mar 2021
... Commission on Nuclear Energy, a group comprising academics and nuclear experts ... Due to the instability of renewable energy, Japan projects atomic power will remain one of its major power sources, accounting for 20 to 22 percent of its total electricity generation in fiscal 2030.
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Winch Energy secures largest funding to establish solar mini grids in Uganda and Sierra Leone

Sierra Leone Telegraph 28 Feb 2021
Leading off-grid utilities provider, Winch Energy, has completed the funding for solar mini grid projects in 49 villages across Uganda and Sierra Leone through the creation of a new platform, Winch Energy IPP Holdings Limited (“WIPP”) ... Winch Energy is owned by Total Eren, Itochu Corporation, Al Gihaz Holdings and Winch Partners ... About Winch Energy..
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Vast Energy Use of Bitcoin Criticized

Slashdot 28 Feb 2021
The CCAF team surveys the people who manage the Bitcoin network around the world on their energy use and found that about two-thirds of it is from fossil fuels.... Right now we're using a whole lot of energy to produce those calculations, but also the majority of that is sourced from fossil energy.".
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China makes constant progress of clean energy

People Daily 28 Feb 2021
It altered people's stereotype that new energy is expensive and not accepted by the market ... Energy in China’s New Era, a white paper issued by China last year comprehensively explained the major policies and measures launched by the country to advance energy revolution ... Low-carbon energy development concerns the future of mankind.
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The Quiet Winner of the Texas Energy Crisis

Democratic Underground 28 Feb 2021
Macquarie, an Australian investment bank, is poised to profit heavily off Texas’s briefly surging energy prices during the snowstorm ... It’s called Macquarie Group, and perhaps no other business expects such rewards from the Texas energy mess ... modernizing the energy mix and rebuilding crumbling infrastructure.
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Electricity needed to mine bitcoin is more than used by 'entire countries'

The Observer 28 Feb 2021
It’s not just the value of bitcoin that has soared in the last year – so has the huge amount of energy it consumes ... Bitcoin mining – the process in which a bitcoin is awarded to a computer that solves a complex series of algorithms – is a deeply energy-intensive process.
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Major gas discovery off Mozambique

Afrol News 28 Feb 2021
A US oil company has announced "a string of major deepwater natural gas discoveries off the coast of Mozambique." ... Three major onshore gas fields have been discovered, but despite great energy needs in Mozambique and neighbouring South Africa, a large-scale production still has not been assured.
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COMMENTARY: Beyond Texas blame game

The Times & Democrat 28 Feb 2021
Don’t starve energy beast. Texas prides itself on having a self-contained grid with little major interconnection to the national grid ... Texas didn’t want to be subject to the Federal Power Commission and its successor agency the Federal Energy Regulatory Commission (FERC).
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Mike Hosking: Complacent Government asleep at the wheel over Covid-19

NewstalkZB 28 Feb 2021
Before the 1pm, by the way, I was reading yet again the global headlines of how a major city gets locked down for one case ... This is a lazy, complacent government, whose major energy expenditure involves defending their ineptitude and trying to explain why things keep going wrong.
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The $7 TRILLION cost of upgrading the US power grid

Russia Today 28 Feb 2021
We have just witnessed the damage caused by poorly designed energy grids—rolling blackouts, skyrocketing electricity prices, people sleeping in their cars and in one insulated room to keep warm. At the same time a weaponized right wing media swings into action blaming wind turbines and the green new deal for Texas’s energy woes.
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