Contribution By Saif Bepari


Xcel Energy aims to supply 100% carbon-free electricity by 2050

Minnesota-based Xcel Energy has recently made an announcement committing itself to achieve 100% carbon-free electricity throughout its service territories by 2050. The utility giant has successfully reduced carbon emissions by 35% as compared to 2005 levels, as the company looks to lower its carbon footprint …

SN Aboitiz Power & LGUs sign framework agreement on Hydropower Complex

Philippines’ municipal governments of Lagawe, Mayoyao, and Aguinaldo have reportedly signed an agreement with SN Aboitiz Power (SNAP) to work on the Ifugao-based Alimit hydropower plant. The agreement defines the collaboration, cooperation, and obligations between the municipalities and the renewable energy company to accomplish the …

L&T Hydrocarbon Engineering consortium bags ONGC’s subsea contract

L&T Hydrocarbon Engineering, a Larsen & Toubro subsidiary, in association with McDermott International, Inc. and Baker Hughes, a GE company, has won the subsea contract for Indian multinational Oil and Natural Gas Corporation’s (ONGC) biggest deepwater oil & gas project. The contract has been awarded …

ExxonMobil mulls over billion-dollar investment at Singapore refinery

The multinational oil and gas giant Exxon Mobil Corporation has reportedly announced that it is considering a multi-billion-dollar investment at its largest refinery in Singapore. As per trusted sources, the expansion comes ahead of the new global shipping fuel regulations that would commence in 2020. …

SoftBank plans to offer free power to member nations of solar alliance

The Japanese multinational conglomerate SoftBank Group Corp. has reportedly proposed to offer free electricity to the member countries of the International Solar Alliance (ISA), after 25 years of signing power purchase agreements (PAP). As per trusted sources, the announcement was made by the Chief Executive …

Hyflux’s Tuaspring plant latches onto Sembcorp as the sole bidder

Leading utility, energy, and urban development company, Sembcorp Industries, has reportedly made it to the headlines for being the only party that has submitted a final bid for the heavily plagued Hyflux’s Tuaspring project. Sources claim that this project incidentally includes South-east Asia’s largest desalination …