NOVATEK obtained a Russian patent for its proprietary natural gas liquefaction technology called “Arctic Cascade Modified” (ACM), which builds upon NOVATEK’s patented Arctic Cascade process already implemented at the Yamal LNG project’s Train 4.
Air Liquide will invest around 60 million euros to revamp two Air Separation Units (ASUs) the Group operates in the Tianjin industrial basin, in China.
EBRD and Green Climate Fund lend US$ 100 million to Red Sea Wind Energy for new wind farm in Gulf of Suez area. Largest wind farm in Africa, expected to reduce СО₂ emissions by around one million tonnes per year.
The era of nuclear power in Germany will end on 15 April as planned, the country’s environment minister has said. Minister Steffi Lemke stressed that the phase-out would not endanger the power supply security in Germany or other countries, arguing that ending nuclear power will ultimately make the country a safer place.
Chairman of the China National Nuclear Corporation (CNNC) Yu Jianfeng and Chairman and CEO of EDF (Électricité de France) Luc Rémont signed a memorandum of understanding on low-carbon development, witnessed by Chinese President Xi Jinping and French President Emmanuel Macron, at the Great Hall of the People in Beijing.
The European Bank for Reconstruction and Development (EBRD), which became fully aligned with the Paris Agreement at the start of 2023, continues to invest in renewable energy power generation and low-carbon technologies in Uzbekistan.
India’s National Thermal Power Company (NTPC) has commissioned the North Karanpura coal-fired thermal power plant (TPP) in the state of Jharkhand in the east. The three-unit facility, with a combined capacity of 1,980 megawatts (MW), is India’s first coal-fired power plant to use air-cooled condensers to save water in power generation.
Russian Urals oil broke through the $60 per barrel price cap on Wednesday, boosted by strength in international benchmark Brent after OPEC+ announced an output cut, three sources involved in Russian oil trade said and Reuters calculations showed.
EBRD invests KZT 6 billion in KEGOC local currency bond. Project will improve reliability of electrical grid.
"Haiyou Guanlan", China's first deep-sea floating wind power platform invested in and built by CNOOC, sets sail from Zhuhai towards Hainan.