Latest News for: Energy major

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Kenya optimistic of meeting renewable energy target by 2030

Sina 07 Dec 2021
7 (Xinhua) -- Kenya is optimistic that a majority of its citizens would transition to using renewable and clean energy by 2030, an official said Tuesday ... An energy compact is a commitment outlining the specific actions a country or organization would take to move toward net-zero emissions.
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3 Penny Stocks to Watch With Bullish Sentiment Right Now

The Bradford Era 07 Dec 2021
Right now, the major impacting events include high inflation, the Omicron variant, and a large uncertainty about the future ... Kosmos Energy Ltd ... ATOS) Camber Energy Inc ... As a major energy penny stock, Camber is based in Texas and works on the production of oil and gas ... On December 2nd, Camber’s majority-owned subsidiary Viking Energy Group Inc.
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Activist investor attacks SSE's green plans

The Daily Telegraph 07 Dec 2021
Separation risks valuable growth options across the clean energy value chain, would jeopardise our ability to finance and deliver the major infrastructure the UK needs to create jobs and achieve net zero, and would lose shared skills that benefit the group... Climate change, SSE, Energy industry ... Climate change, SSE, Energy industry.
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Energy Industry Executives, Investors Embracing the Clean Energy Transition, According to Womble Bond Dickinson Survey Report

Maryville Daily Forum 07 Dec 2021
In the face of overwhelming and existential challenges, a strong majority of energy industry leaders are willingly embracing work toward decarbonization while they simultaneously adopt a forward-looking and optimistic perspective on the energy transition, according to Womble Bond Dickinson’s 2022 Energy Transition Outlook Survey Report.
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Why India will take time to help avert climate disaster

Gulf News 07 Dec 2021
True, the country is a major coal consumer, and derives about 70% of its energy from it ... Unsustainable energy-guzzling. Whereas wasteful consumption and unsustainable energy-guzzling are rife in the West, most Indians live close to the subsistence level, and many have no access to energy ... India would be a major victim of such a calamity.
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RWE to invest EUR 15bn in German renewables business

Renewables Now 07 Dec 2021
RWE AG (ETR.RWE) is planning to invest up to EUR 15 billion (USD 16.93bn) gross in its domestic core business by 2030 as the German energy major sees potential in the home market to accelerate the expansion of its renewables operations ... The Essen-based energy ...
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IOC chief S M Vaidya 2nd Indian to head world LPG body

The Times of India 07 Dec 2021
And as we are poised to put our foot on the accelerator of the energy transition, this cleaner fuel will have a more strategic role to play. I look forward to leveraging my enriching experience as the leader of India's top energy major in driving the vision of WLPGA.”.
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Oil CEOs clash with U.S. Energy Dept official over energy transition

Metro USA 07 Dec 2021
HOUSTON (Reuters) – Top energy executives this week urged a more cautious transition of energy policy away from oil and gas, but a U.S. Energy Department official said the industry has a moral obligation to address climate change and the economic opportunity it represents.
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Oil CEOs raise alarm over market’s readiness to drop fossil fuels

Metro USA 07 Dec 2021
HOUSTON (Reuters) – A coming transition from oil and gas to renewables will be “messy” for many years and lead to sharp energy price volatility as demand and supply clash, top energy executives said on Tuesday ... Where COP26 delegates warned of a climate catastrophe, oil executives predicted uncertain future for energy markets.
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Wall Street holds fast to fossil fuels as climate pressure grows

Straits Times 07 Dec 2021
And while the International Energy Agency argues that funding for new oil ... "You can't just walk away, because the world is still heavily reliant on fossil fuels for the vast majority of our energy demand," said Marisa Buchanan, global head of sustainability at JPMorgan in New York.
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Oil CEOs raise alarm over market's readiness to drop fossil fuels

Reuters 07 Dec 2021
HOUSTON, Dec 7 (Reuters) - A coming transition from oil and gas to renewables will be "messy" for many years and lead to sharp energy price volatility as demand and supply clash, top energy executives said on Tuesday ... Where COP26 delegates warned of a climate catastrophe, oil executives predicted uncertain future for energy markets.
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Unlocking value in renewable energy assets

Business Line 07 Dec 2021
Availability of cheap long-term finance is among the most critical prerequisites given the capital-intensive nature of renewable energy technologies which require the majority of costs to be front loaded ... The writer is Energy Finance Analyst, Institute for Energy Economics and Financial Analysis (IEEFA) ....
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Relocation part of plans to double turnover at energy management group

The Business Desk 07 Dec 2021
An energy management services group has powered up for major growth after moving to bigger headquarters to accommodate its expanding team ... The Affiliated Utilities group of companies, which includes billing services specialist Clever Energy and tariff management business Utility Tracker, employs a total of 33 staff.
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At least 20 entities ink NDAs for mega Sprng Energy deal

Live Mint 07 Dec 2021
Sprng Energy has an operational portfolio of 1.75 gigawatts (GW) and 5GW under various stages of implementation ... The Sprng sale follows Actis previously selling Ostro Energy Pvt ... Also, Thailand’s state-owned energy major PTT Group announced its acquisition of a 41.6% stake in Avaada Energy Pvt.
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Still doubt climate change? Just look what’s happening in the Lehigh Valley | Opinion

Lehigh Valley 07 Dec 2021
Over the past month, I’ve noticed a lot of letters and articles discussing the issue of climate change in the Lehigh Valley, specifically in regards to our energy consumption ... The burning of fossil fuels is a major contributor to these consequences, and yet people still jump to defend our old methods of energy consumption.
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