India has lost its $3-billion bet on Iran regarding the giant Farzad-B gas field in Farsi block. The Indian state run oil companies discovered this asset back in 2008 and since then the negotiations were being carried out by top leadership of both the countries.
A team of Finnish scientists estimated that the world needs 69% of its primary energy from solar farms for achieving net-zero goals. This estimation was made 2 years ago stating there may be a need for more solar farms. As per the agreement Sahara was chosen to be a suitable option and scientists want to turn the Sahara desert into a giant energy farm with solar panels.
Employees at Royal Dutch Shell’s Nigerian joint venture orchestrated damage to oil pipelines to profit from the money spent on clean-up operations, investigation by Dutch investigative TV programme Zembla has revealed. Employees of Shell in Nigeria ordered the vandalization of...
Reliance has announced to invest $50 million in Breakthrough Energy Ventures owned by Bill Gates and George Soros.