Siemens, Deutsche Bahn launch hydrogen trains trial in Germany
Siemens Mobility and Deutsche Bahn have started developing hydrogen-powered fuel cell trains and a filling station which will be trialled in 2024 with view...
BP, Saudi Aramco, Total, Rosneft not to bid for BPCL
India government may not receive bids for its 52.98 percent stake in Bharat Petroleum Corporation (BPCL) from BP, Saudi Aramco, Total, Rosneft, among others,...
IOC to raise Rs 20,000 crore via private placement of bonds
Indian Oil Corporation (IOC) has approved a plan to raise Rs 20,000 crore during fiscal 2021 via private placement of bonds and debentures in...
Exxon Mobil to cut 14,000 jobs
Exxon Mobil said it could cut its workforce by about 15 percent, including deep white-collar staff reductions in the United States, as the COVID-19...
Sterling and Wilson signs EPC contract in Niger
Sterling and Wilson announced its Hybrid & Energy Storage division (HES), in consortium partnership with French EPC company Vergnet and SNS Niger, has signed...
GECF secretary general on the natural power of cooperation
Demographics today are evolving fast. The global population is getting larger and more urban. Mega sprawls are turning into super cities. Today, Cairo, Mumbai,...
LNG demand to grow by 4 billion cubic metres this winter: Refinitiv
Global LNG demand is expected to increase by 4 billion cubic metres (bcm) this winter -- led by growth in China, Japan, and South...
Wartsila wins deal to construct plant for CO2-neutral liquid transport fuels
Wartsila has won a major contract to supply and construct a plant for production of CO2-neutral liquid transport fuels.
The plant will liquefy gas from...
Depsys wins five new customers
Depsys, a technology company that empowers electricity grid managers to modernise their operations through digitalisation, has won five new contracts in the past month.
The...
Rockstart launches €21 mn fund targeting energy startups
Rockstart has launched its second fund of €21 million to invest in energy startups.
The Fund was launched with the Dutch pension fund ABP, and...
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