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Exxon pledges net-zero carbon emissions from operations by 2050

Exxon Mobil said it aims to cut to zero its net carbon emissions from its global operations by 2050, catching up with rivals who...

RamkyEnviro Engineers wins contract to develop effluent treatment plant from TSIIC

RamkyEnviro Engineers, a provider of environment management services, has secured a contract to develop a Zero Liquid Discharge Common Effluent Treatment Plant (ZLD-CETP) at...

Wartsila to supply energy storage system to GIGA Storage Netherlands

Wartsila said it will supply a 25-megawatt (MW) / 48-megawatt hour (MWh) energy storage system to GIGA Storage BV in the Netherlands to stabilise...

Voltus expands position as a leading DER platform in Ontario IESO capacity auction

Voltus, the leading distributed energy resource (DER) software technology platform, has cleared over 150 combined megawatts in the Ontario demand response market for the...

Shell buys solar and energy storage developer Savion

Shell New Energies has signed an agreement to buy Savion, a large utility-scale solar and energy storage developer in the United States, from Macquarie’s...

EIA expects crude oil prices to remain lower than the highs of 2021

The U.S. Energy Information Administration (EIA) forecasts that global oil production will increase more quickly than demand in 2022, pushing crude oil and petroleum...

Chevron plans capital spending of $15 bn for 2022

Chevron Corporation announced capital spending program of $15 billion for 2022. The Capex of Chevron Corporation is at the low end of its $15 to $17 billion guidance range and...

Saudi Aramco and RIL call off $15 bn deal: Reuters

Reliance Industries (RIL) and Saudi Aramco have called off a $15 billion deal for the state oil giant to buy a stake in the oil-to-chemicals business of...