energy

Geothermal energy is poised to play an increasingly large role as a source of always-available, renewable power.

In some countries a transition to electric vehicles appears, slowly but surely, to be underway.

The coronavirus pandemic was cited as a key reason for the decline in jobs.

With demand only set to increase, there will be a number of hurdles to overcome.

President Joe Biden’s allies in the business community are helping the White House try to coax the private sector into supporting his climate change agenda.

Saudi Arabia’s behemoth oil producer also maintained its dividend, with $18.8 billion due to be paid out in the second quarter.

Fifteen regions in the northern half of China account for a growing majority of national bond defaults, according to Nomura.

Energy stocks could catch up with other groups in the weeks ahead as the reopening picks up steam, says Danielle Shay of Simpler Trading.

At TAE Technologies lab in California, scientists are building a nuclear fusion machine to recreate the energy of the sun, stars and lightening here on Earth.

Several countries want to make wind energy a crucial tool in their pivot away from fossil fuels. 

Shell raised its dividend by around 4%, its second increase in six months, as the oil major seeks to reassure investors it has gained a more stable footing.

Major carmakers are looking to increase their electric vehicle offering.

On Monday, VW announced plans to establish six “gigafactories” in Europe by the end of the decade.

Saudi Aramco was the world’s biggest IPO when it went public in December 2019, and listed around 1.5% of its shares on the local stock exchange, the Tadawul.

Construction work on PacWave South could begin this summer, with operations starting by 2023.

It comes as oil and gas majors seek to prove to investors that they have gained a more stable footing amid the ongoing coronavirus crisis.

Solar and wind energy could replace fossil fuels entirely to become the world’s power source by 2050, a new report has claimed.

The aim is to scale-up and commercialize a process developed by team at the University of Strathclyde, in Scotland.

There’s huge economic incentive for China to move away from coal, according to a report by financial analytics company TransitionZero.

Turbine will now be towed to the Orkney Islands, an archipelago north of mainland Scotland, for commissioning.