At the UN International Climate Summit last December it was recognised that the energy transition will not be achievable without the inclusion of nuclear energy. A joint declaration on tripling nuclear energy production was adopted by representatives of 20 leading countries. "This clearly demonst...
The CEO of Saudi Aramco, Amin Nasser, has called for a change in the strategy of transitioning from fossil fuels to renewable energy sources, commonly known as the 'green' transition. Nasser believes that the current strategy has failed and proposes to abandon the idea of replacing oil and gas with...
The Russian President Vladimir Putin said on 12th March that humanity will continue to consume hydrocarbons for a long time to come, so Russian oil workers will have enough work for another "100 years". On that day, the head of state held a meeting in the Kremlin with participants in the "Leader of...
By Rhod Mackenzie
Siemens Energy has taken on debt to protect its sustainable business. The energy division of Siemens Energy AG, which is the biggest unit of the German engineering corporation Siemens, has agreed a deal worth €15 billion with a group of banks, the German government, and its share...
By Olga Ivanova
Europe has set its sights on ousting China from the position of a monopoly in the production of green technologies. But she has more fears than ambitions
In May, renewable resources - wind and solar - for the first time gave Europe a record amount of energy, almost a third of the...