Oracle joins forces with PowerChina for 40MW hydrogen facility in Pakistan

If approved by the Government of Pakistan, the project could produce up to 150,000kg of hydrogen per day

UN: ‘Fossil fuel production will be more than double what is needed to stop global warming’

A new report from the UNEP claims that by 2030, governments will be producing 240% more coal than what is needed to keep warming at 1.5°C

Spain to phase out coal, nuclear and oil-fired plants by 2035

Its use of nuclear is projected to drop to 7.8% by 2030 and coal to be entirely phased out by 2025

Volkswagen CEO: ‘30,000 jobs could be lost with a slow transition to EVs’

Herbert Diess has reportedly told the company a delay in shifting to EVs could cost jobs in light of acceleration in production from rivals such as Tesla

bp to invest $269m to boost renewable diesel production at US refinery

Three projects at its Cherry Point Refinery in Washington aims to improve efficiency, reduce carbon emissions and more than double production to 2.6m a year

Lotus to build £900m EV plant in Wuhan

The sports car brand has stated the plant will ramp up production to 150,000 vehicles per year

Equinor and Sonatrach sign MoU for oil and gas exploration and production

It also includes co-operation within greenhouse gas emissions and carbon management as well as industrial safety management

Equinor plans shut down of Veslefrikk field after 30 years

Discovered in 1981, the field came on stream in 1989 and has produced more than 400m barrels of oil equivalent

Hyundai to manufacture fuel cells systems in China

It will be the company’s first fuel cell production base outside Korea, manufacturing the same proven fuel cell systems used for its NEXO fuel cell electric SUV

US natural gas and oil production to fall in 2021

That would be a result of a decline in drilling activity related to low oil prices, with responses to the COVID-19 pandemic also leading to supply and demand disruptions