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BP stands firm on hydrogen as the energy source of the future

BP stands firm on hydrogen as the energy source of the future

Bernard Looney, BP’s CEO, is betting on hydrogen to power future low-carbon businesses as the major economies globally stump up the cash to develop the fuel to decarbonize. Low-carbon hydrogen ... Read more

Origin Energy supports $11.8B Brookfield Consortium buyout offer

Origin Energy supports $11.8B Brookfield Consortium buyout offer

Origin Energy Ltd, Australia’s no.2 energy retailer and power producer, supports an A$18.4 billion ($11.8 billion) buyout offer from a consortium led by Canada-based Brookfield Asset Management.... Read more

Tesla to deliver first semitrailer trucks to PepsiCo in December

Tesla to deliver first semitrailer trucks to PepsiCo in December

Elon Musk announced Tesla Inc. plans to deliver its first all-electric semitrailer truck to food and beverage giant PepsiCo Inc. in December 2022, almost five years after the vehicle’s reveal. ... Read more

Samsung Electronics invests over $5B, targets net zero emission by 2050

Samsung Electronics invests over $5B, targets net zero emission by 2050

Samsung Electronics will invest over 7 trillion won ($5.02 billion) by 2030 as part of a widespread environmental initiative aimed at making the firm carbon neutral by 2050. The tech giant will inves... Read more

Study says, switching to renewable energy can save trillions

Study says, switching to renewable energy can save trillions

An Oxford University study says that switching to renewable energy from fossil fuel could save the world approximately $12tn by 2050. The report of the study said it was pessimistic and wrong to clai... Read more

US company build $1.7B large-scale battery, data center in Australia

US company build $1.7B large-scale battery, data center in Australia

Private-equity firm Quinbrook Infrastructure Partners won approval to build a data center worth A$2.5 billion ($1.7 billion) in Australia, eventually including one of the nation’s largest utilit... Read more

Volkswagen nearing agreement to sell Electrify America stake to Siemens

Volkswagen nearing agreement to sell Electrify America stake to Siemens

Volkswagen is close to selling minority stake in its US EV charge business to an arm of Siemens AG, a deal which would value the network at over $2 billion, according to sources. A stake sale in Volk... Read more


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