Marine Beal

Marine Beal

Carbon Emissions: 2% Recovery Despite Covid-19

These carbon emissions must be controlled according to theInternational Energy Agency (IEA), which stresses the urgency of accelerating the energy transition. The implementation of more ambitious policies will have to be a priority. However, the return of the United States to the Paris Agreement and the 2021 climate agenda offer hope for a cleaner future. Strong recovery in carbon emissions A 6% reduction in carbon emissions in 2020 is a deception Carbon emissions decreased by...

ADNOC: Son Of The Crown Prince Appointed President

ADNOC met this weekend to reshuffle its board of directors. The new strongman of Emirati oil wants to develop clean energies, which could meet 50% of the country's energy mix by 2050. Reshuffling of the ADNOC Board of Directors Sultan Al Jaber was awarded the title of General Manager of theAbu Dhabi National Oil Company (ADNOC) Other influential figures are included in this new council. We find Khaldoon Al Mubarak, director of the sovereign fund...

Electricity Networks: Nigeria Threatens Its Neighbors

Nigeria's power grids supplying Niger, Benin and Togo could soon be subject to a blackout. Unpaid bills from Benin and Niger are pushing Africa's leading supplier to consider this extreme. In addition, the Nigerian domestic sector is currently very fragile and indebted. Will the power grids of Nigeria's main customers soon be cut off? Nigeria supplies its insolvent neighbors with electricity Nigeria's power grids extend right across the borders of its neighbors Benin, Niger and...

La Française de l’Énergie: 74km2 More in Wallonia

La Française de l'Énergie acquires Greenhill, and at the same time recovers the concession of Monceau-Fontaine, Marcinelle and North of Charleroi. The company has therefore found in Wallonia a suitable terrain for these gas activities. La Française de l'Énergie settles permanently in Wallonia La Française de l'Énergie(LFDE) continues to establish itself in Wallonia. With the purchase of Greenhill, a subsidiary of the Belgian investment company Brederode SA, the company also recovers a 74km2 concession in...

Korean Oil Tanker Held in Iran: Crew Freed

The South Korean oil tanker seized by the Iranian authorities on Monday 4 January appears to be a collateral victim. A collateral victim of the pressure that Iran is trying to put on the United States in response to administrative sanctions against Iranian hydrocarbons. As a result of which, and not least, since 2018 Iranian revenues, the result of trade with Seoul, are frozen in South Korea. 7 billion USD are thus blocked. This situation...

TotalEnergies_EnergyNews

Energy Transition: 100 GW of RE for Total in 2030

The energy transition is a major issue for the oil industry, which has been particularly weakened by the Covid-19 crisis. In this context, the French company Total will invest in renewable energy for a gross capacity of 100 GW by 2030. However, the CEO, Patrick Pouyanné, considers that the change of model will have to be done gradually. Hydrocarbons will continue to play an important role in the company's activities. Read on energynews.com: Solar park:...

Sukkur Solar Project: Scatec Plans 150 MW in Pakistan

The Sukkur solar project will contribute to the development of renewable energies in Pakistan, a country with a huge potential. The Norwegian company Scatec decided to take advantage of this by partnering with Nizam Energy, a local leader in the field. 100 million USD will be invested for a developed capacity of 150 MW. Read on energynews.com: Solar park in India: EDEN secures 450 MW in Rajasthan A 150 MW solar project in Pakistan A...

Gas Agreement: Strengthening Israeli-Egyptian Relations

The planned gas agreement between Egypt and Israel will advance the joint project of creating an energy hub to Europe. Gas exploration and exploitation are major geopolitical issues in the Eastern Mediterranean Sea. Two axes are confronting each other, on the one hand the Israeli-Egyptian axis supported by Greece and the Republic of Cyprus. On the other, the Turkish axis supported by Russia. 2 strategies, 1 sea. Israeli-Egyptian gas agreement: a future energy hub to...

Renewable Energy: Windvision Acquires Vortex Energy Belgium

Renewable energies are experiencing an unprecedented boom. Windvision has therefore decided to expand its activities in this market. For this reason, the French company has just acquired Vortex Energy Belgium, a subsidiary of the German giant Vortex Energy. It will also allow us, on its own scale, to participate in the success of the European objectives of energy transition. Renewable energies: Windvision, a leader in Belgium For renewable energy, Windvision hopes to increase its production...

Gaza Gas Pipeline: Israel, Qatar and the EU in Negotiations

The Gaza Gas Pipeline is expected to improve the electricity capacity of the Gaza Strip. The project would double the current supply. It thus meets a critical need of Gazans who suffer from daily electricity shortages. A constraining situation accentuated by the coronavirus pandemic. Currently, negotiations are taking place, under the mediation of Qatar, between Europeans, Israelis and Gazans for the realization of the project. Gaza Gas Pipeline to improve energy supply Increase the Gaza...

Carbon Neutrality: BP Wants to Involve its Employees

Carbon neutrality in 2050 is one of the ambitions of the oil giant BP, which wants to accelerate its energy transition. But even better, the British company has decided to involve its employees in this effort. The latter will in fact be allocated a share of the company's shares. The company therefore wishes to rebound on new markets after a catastrophic year 2020 marked by layoffs and massive financial losses. Carbon neutrality by involving employees...

Canudos 1 Wind Farm: 99.4 MW for Voltalia in Brazil

This 99.4 MW Canudos 1 wind farm will enable the French company Voltalia to strengthen its presence in Brazil. It also marks the beginning of the construction of its new complex named Canudos. The latter should eventually develop 1 GW in the state of Bahia. And considering the diversity of its natural environments, Brazil is the ideal country to develop such wind projects. 99.4 MW wind farm to be commissioned in 2022 This new wind...

Hydrogen production by wind power: 120 mns€ in Germany

The production of hydrogen from from offshore wind turbines is developing thanks to two energy giants Siemens Energy and Siemens Gamesa. 120 million in a project to integrate an electrolyser into an offshore turbine. In addition, this investment will allow Germany to support its European leadership in the production of of green hydrogen. Hydrogen production directly from the renewable energy source 120 million euros to integrate an electrolyser into a wind turbine Siemens Energy and...

Carbon Neutrality: Shell Sets 2050 as the Goal

Carbon neutrality has become a central issue for oil companies. Shell has set the year 2050 as the target. The objectives are not only ecological, they are also economic. Rightly so, since the current pandemic and the oil market turmoil have caused the Anglo-Dutch company to lose more than $21.7 billion in 2020. As a result, Shell has a clear agenda for achieving greenhouse gas (GHG) emission reduction targets. At the same time, the company...

North Sea Offshore Wind Farm: 759 MW in the Netherlands

A 759 MW offshore wind farm in the North Sea is planned for 2023 off the Dutch coast. One million homes will be supplied. The latter should contribute to the energy transition ambitions of the Netherlands. CrossWind, a joint venture of Anglo-Dutch oil company Shell and Dutch electricity provider Eneco, will develop the project. The joint venture has partnered with the Spanish company Siemens Gamesa to finalize the project. Read on energynews.com: UK offshore wind...

Oil market: Demand recovery in 2021?

The oil market was severely shaken by Covid-19 in 2020. THE IEA announces that it should gradually rebalance in 2021. OPEC has also just released its latest production and demand estimates. Also, for the first time since March 2020, the price of a barrel of Brent crude oil has risen above $60. Therefore, control over the price of oil still remains a major geopolitical issue. Oil market: a gradual recovery in demand 5.8 Mb/d of...

Investment in Renewable Energy: Macquarie Raises €1.6 Billion

The investment in renewable energy (RE) is becoming more and more promising and many investors are reorienting themselves. This is the case of the Australian bank Macquarie. Indeed, the latter has recently organized a fundraising of 1.6 billion euros in favor of investment in RE. Renewable energy investment boosted by new Macquarie fund 1.6 billion euros In terms of renewable energy investment, Macquarie is among the world leaders. Thanks to her experience, she was able...

Refinery Refining Renewable projects

Exxon Australia: Closure of its Altona Refinery

Exxon in Australia has had to close its Altona refinery in the state of Victoria due to the coronavirus pandemic. However, Australia is still trying to support its oil sector, which is essential to its energy policy. Exxon in Australia: a failure with reprieve The closure of the Altona refinery Exxon in Australia is suffering a setback with the shutdown of its Altona refinery in Victoria. The latter will be converted into a simple fuel...

Aramco stock: Saudi Arabia wants to sell its assets

Aramco's stock would weigh heavily on the Saudi oil company to the point that it would seek to sell its assets, including pipelines. This is indeed what the establishment of a 10 billion financing for the sale and operation of pipelines owned by the Saudi national company suggests. Read on energynews.com: US Saudi Oil Imports at Lowest Level in 35 Years Aramco's stock must decrease 10 billion for investors Aramco's oil stockpile is starting to...

Wind Farm: a 1st “Energy Island” in Denmark

A unique wind farm located on a future artificial island has recently received the green light from the Danish government for its construction. Such a construction on a specially created artificial island is a world first. As a future energy hub in the North Sea, this wind farm will play a central role in the development of European energy policy. A 10 GW wind farm on an artificial island This wind farm consisting of 200...

offshore wind

UK offshore wind farm: 1.5 GW for Total and GIG

The British offshore wind farm is developing with the sale, in particular, of seabed concessions owned by the Crown. French energy company Total and investment fund Green Investment Group (GIG) have won one of the six Crown Estate projects. The UK is encouraging investment in wind power to meet its energy transition targets. An offshore wind farm on royal land 1.5 GW of wind power off the coast of East Anglia The offshore wind farm...

Apuiat wind project: 200 MW historic for Quebec

The Apuiat wind project, born of an unprecedented partnership between Quebec and the Innu communities and unveiled on February 4, will be built in 2024. In this project, the Innu communities and Boralex will be 50/50 partners. The wind farm is part of Quebec's Plan for a Green Economy 2030 (PEV) to produce green electricity. More broadly, it contributes to the diplomatic influence of a Canadian province renowned for its expertise in renewable energy. The...

Energy Transition: UAE relies on ADNOC

The energy transition will become essential for the United Arab Emirates (UAE) as their dependence on hydrocarbons is so great. For this, the country intends to support and accompany the energy policy of the national giant, theAbu Dhabi National Oil Company (ADNOC) owned by Sultan Al-Jaber. Energy transition in the UAE through ADNOC The UAE's energy transition will not be easy as its revenues are based on hydrocarbons. A member of OPEC, the country is...

Hydrogen Export: South Africa on the right track

Hydrogen exports could become South Africa's next major specialty and competitive advantage. ENGIE counts to develop its own projects in the country. Hydrogen exports: a $100 billion a year market Exporting hydrogen could be a big win for South Africa. Indeed, $10 billion per year would be achievable for its domestic market, as well as $100 billion for exports. The production of hydrogen would thus meet a strong internal demand from the mining, steel, transport...

Chinese Energy Mix: 140 GW of additional RE in 2021

China's energy mix, according to the China Electricity Council (CEC), is expected to increase its electricity production by 6-7% in 2021. Despite the health crisis, China wants to develop 140 GW of renewable energy in 2021. The stated objective: carbon neutrality by 2060. China's energy mix: 6-7% more electricity in 2021 China's energy mix can meet the demand of the world's most populous country. In fact, demand is high and power cuts are regular. China...

Seismic technology: Gazprom Neft awarded

Russian Green Seismic technology has just been recognized as one of the most environmentally friendly Russian projects of 2020. The objective of Green Seismic, developed by Gazprom Neft, a subsidiary of Gazprom, is to reduce the environmental impact of hydrocarbon exploration. Award-winning seismic technology Winner of the Vernadsky National Ecological Prize 2020 The Russian Green Seismic technology has just been awarded the Vernadsky National Ecological Prize in Russia. According to Yuri Masalkin, director of geological...

Hydrogen Aircraft: £84 million invested in the UK

The Hydrogen Aircraft would be a real technological revolution for the aerospace sector, which has been hit hard by the health crisis. In this sense, the British government has decided to invest more than 84 million pounds sterling. This research would open new perspectives. The hydrogen aircraft, a revolutionary green technology Priority to clean energy The hydrogen aircraft could solve some of the pollution problems caused by conventional aircraft. Even though the use of cleaner...

European Investment Bank supports Burkinabe Solar

The European Investment Bank (EIB) has decided to provide economic support to Burkina Faso in its fight against climate change. With a 38.5 million euro grant, the EIB wants to support the development of solar energy in the country. In reality, the country is already plagued by high energy insecurity, political instability and repeated health crises. European Investment Bank supports Burkina Faso against energy insecurity 38.5 million in aid for Sonabel With this 38.5 million...

renewable energy

Scotland’s controversial Stornoway wind farm project

The wind farm in Scotland should grow thanks to the Stornoway project carried by Lewis Wind Power having received the support of local authorities. However, on the Isle of Lewis as elsewhere in Scotland, the project is causing debate about the negative consequences it could have. Wind farm in Scotland to create jobs The wind farm in Scotland was due to expand since ministers approved the Stornoway project in 2012. At the time, there was...

Greencoat Capital invests in Texan Wind

Greencoat Capital, one of the UK's largest investors in renewable energy, is moving into the wind sector in the state of Texas. In the wind energy field, the United States is an attractive country. Since the election of Joe Biden, energy transition issues are back on the table. Greencoat expands into Texas Greencoat makes a first in its development on the American soil. The company has just acquired 24% of four onshore wind farms in...

Total strengthens its partnership with Adani Group

Total is expanding its influence in the Indian renewable energy market by acquiring a 20% stake in Adani Green Energy Limited (AGEL). This acquisition is a new step for its presence in India, after its entry into the capital of Adani Gaz Limited. For example, since 2018, Total has been cooperating with the Indian energy conglomerate Adani Group. Both companies aspire to play a central role in India's energy transition, but also globally. Total and...