Saudi Arabia has revealed plans to rapidly boost electricity generation from renewable sources by 2024, as part of the Kingdom’s gradual transition away from a power system dominated by fossil fuels. According to the Saudi General Authority for Statistics (GASTAT), around 15,109 GWh of green electricity...
Fortescue Future Industries (FFI) and AGL Energy have agreed to undertake a feasibility study to repurpose infrastructure at two coal-fired power stations in New South Wales to generate green hydrogen. The Liddell and Bayswater power stations currently account for over 40% of carbon dioxide emissions in...
Duncan Wanblad has been chosen as the new chief executive of Anglo American, replacing Mark Cutifani who is stepping down after nine years at the helm of the FTSE 100 mining group. The 54-year old South African has spent his whole career at the company and...
The latest edition of Mines and Money Online Connect concluded today in front of a packed audience that was provided with in-depth analysis of the latest trends across the mining sector from some of the industry’s biggest names. Two key themes that emerged from day...
A group of the world’s biggest mining companies have committed to a goal of net-zero direct and indirect carbon emissions by 2050 or sooner, the International Council on Mining and Metals (ICMM) said. The ICMM’s membership, which is comprised of 28 members that account for one...
Total has announced it will modify its name to TotalEnergies as part of a drive to diversify away from oil and grow its renewable energy business and clean electricity production. The French oil and gas major reported a net annual loss of US$7.2 billion in 2020...
Global classification society DNV GL has proclaimed that ‘priorities are shifting’ in the oil and gas industry after a record 66% of senior professionals reported that their organisation is actively adapting to a less carbon-intensive energy mix in 2021. In addition, some 57% of over 1,000...
BHP is set to pay a total of US$840 million for an early end to energy contracts at its Escondida and Spence copper mines in Northern Chile, which are currently supplied by a coal-fired thermoelectric plant. Local power company AES Gener — a unit of AES...
Uniper and Siemens Gas and Power have signed a cooperation agreement to develop green hydrogen projects that will decarbonise the German energy producer’s portfolio. The companies will work together to explore the potential of producing and using green hydrogen – where the gas is made from...
The scale-up of renewable energy and electrification of the global transport and heavy industries sectors could result in renewables meeting 86% of the world’s power demand by 2050, according to new research from the International Renewable Energy Agency (IRENA). The IRENA report, titled Global Energy Transformation:...