EY: M&A activity remains resilient in 2022, but further shocks could derail the outlook
Despite major geopolitical and financial headwinds, global M&A activity in H1 2022 has been resilient, according to analysis of M&A…
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India
Enel X enters e-mobility market in India through a joint venture with Sterling and Wilson
Enel X, the Enel Group’s advanced energy solutions business line and Sterling and Wilson Pvt Ltd (SWPL), a Shapoorji Pallonji…
FT: India confirms cyber attack on nuclear power plant
The Government of India has confirmed that the newest nuclear power plant has been targeted by a computer attack, a…
India is now producing the world’s cheapest solar power
India is now producing the world’s cheapest solar power, according to an International Renewable Energy Agency (IRENA) survey. The costs…
Atos compensates 100% of its carbon emissions through a global program of wind farms
Atos announces that it managed to compensate 100% of its CO2 emissions around the world in 2018 through a program…
OPEC expects global energy demand to skyrocket through 2040, thanks to India and China
Global energy demand is set to skyrocket over the next two decades, OPEC said in its latest annual outlook, with…
India’s investments in renewable energy are growing faster than even China’s
China may be the world’s renewable energy leader, but where the sector’s growth is concerned, India is leaving its neighbour…
Saudi Arabia plans to pump up to 11 million bpd of oil in July, a record high (Reuters)
Saudi Arabia plans to pump up to 11 million barrels of oil per day (bpd) in July, the highest in…
IRENA: Renewable energy jobs up 5% to 10.3 million worldwide in 2017
The renewable energy industry created more than 500,000 new jobs globally in 2017, a 5.3 per cent increase from 2016,…
EY: US overtakes India on renewable energy attractiveness index, Poland gets in
China remains atop EY’s Renewable energy country attractiveness index for the third time in a row, while at the same…
India is finally moving to tap the wind energy potential on its seas
India has taken the first major step towards setting up offshore wind power farms. The government-owned research and development agency,…
China invested three times more into renewables than the US
China, the world’s largest emitter of greenhouse gases, is determined to rebalance its energy mix, and incorporate more clean energy.…
Clean energy investment grows, but global CO2 emissions reach new record high
In its State of Clean Energy Investment report, Bloomberg New Energy Finance (BNEF) finds global investment in renewable energy grew…
Rising energy demand fuels increase in global carbon emissions
China and India helped push global demand for energy up more than 2 per cent last year, more than twice…
India opens first electric vehicle charging outlet
India’s biggest oil refiner state-controlled IOC has opened the country’s first charging station for electric vehicles (EVs), kickstarting the government’s…
Russia finds alternatives to the European market in India and Pakistan
Russia, which controls and manages huge gas reserves in energy-rich Iran, plans to export gas to Pakistan and India by…
Iran hits back at India, tapping Russia’s Gazprom to develop its giant gas field
Tehran has picked Russian energy major Gazprom to develop the Farzad B gas field, discovered by India’s Oil and Natural…
Renewable energy grows 10% in 2016, due to smaller costs
The new renewable energy capacity installed worldwide in 2016 was 161GW, a 10% rise on 2015 and a new record, according…
India asks OPEC to stop subsidizing western buyers at Asia’s cost
India has asked oil producing countries to stop discrimination against it and other Asian countries on petroleum and gas prices.…
Top oil trader warns shaky demand risks thwarting OPEC’s aim
OPEC and its allies are seeking to pump less for longer in a quest for higher prices. The world’s biggest…
New energy goes mainstream as majors muscle in
With wind and solar generators becoming more mainstream sources of energy, governments around the world are weaning the industry off…