Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
BAGHDAD, Iraq (AFP) – Iraq has launched a new project that aims to recover gas normally set alight during oil extraction at two oilfields in the country’s south. Flaring, or burning off excess gas during oil extraction, is a highly polluting practice but far less costly than processing it for sale. According to the World Bank, Iraq is the second-biggest user of flaring worldwide after Russia. The new project, signed in 2017 with oil services company […]
NEW YORK, United States (AFP) — Solar power could account for nearly half of the United States’ electricity supply by the middle of the century, according to a government study released Wednesday. The report, released by the Department of Energy, said solar could account for much as 40 percent of the power supply by 2035 and 45 percent by 2050, up from its current level of just three percent. However reaching this level would require […]
The Taliban now hold the keys to an untouched trillion-dollar trove of minerals including some that could power the world’s transition to renewable energies, but Afghanistan has long struggled to tap its vast deposits. The Taliban are already in a financial bind since they returned to power 20 years after their ouster, as major aid donors halted their support for Afghanistan. Endless wars and poor infrastructure have prevented the country from getting its hands on […]
by Benoît PELEGRIN LONDON, United Kingdom (AFP) — The OPEC+ group of oil-producing countries are to meet Thursday and are expected to agree to boost output in August to meet demand and limit recent price rises. The cost of crude oil has surged back to levels last seen in October 2018, which would normally support arguments in favour of boosting production. India, the world’s third-largest consumer of crude, has urged OPEC+ to phase out its […]
BEIJING, China (AFP) — China began operating the world’s second-largest hydropower station on Monday in what officials hailed as a milestone towards Beijing’s carbon neutrality goals, despite warnings of environmental damage. The 289-meter (948 feet) high Baihetan Hydropower Station in southwest China, second in the world only to the country’s Three Gorges Dam in terms of power generation, began partial operation Monday morning, state media reported. Baihetan was built with a total installed capacity of […]
https://youtu.be/uFB2JKgvmpE Balitalakayan interviews Sen. Sherwin Gatchalian, chair of the Senate Committee on Energy, and the Committee on Basic Education, regarding the country’s energy situation and the state of education amid the pandemic on Monday, June 7, 2021. Gatchalian said the Senate will also hold hearings on Thursday, June 7 regarding the recent rotational brownouts in the country where Energy Secretary Alfonso Cusi and Energy Regulatory Commission (ERC) chair Agnes Devanadera will be invited to shed […]
WASHINGTON, United States (AFP) — The US announced on Tuesday that it had granted final approval for its biggest wind power project yet, which will be located off the coast of the eastern state of Massachusetts. The “Vineyard Wind” project calls for up to 84 wind turbines to be built 12 nautical miles off Martha’s Vineyard and Nantucket, two islands off the Massachusetts coast. The administration of President Joe Biden has set a goal of […]
RIYADH, Saudi Arabia (AFP) — Energy giant Saudi Aramco on Tuesday posted a 30 percent jump in first quarter profits, in a sign of recovery from last year’s oil market crash fuelled by the coronavirus pandemic. Aramco said its net profit rose to $21.7 billion in the first three months of the year, compared to $16.7 billion in the same quarter of 2020, owing to a stronger oil market and higher refining and chemicals margins. […]
WASHINGTON, United States (AFP) — The US government on Monday unveiled plans to bolster offshore wind farms with the goal of supplying energy to more than 10 million homes by 2030, as part of President Joe Biden’s efforts to fight climate change. The objective of the initiative — which will be carried out by the departments of commerce, the interior, transport and energy — is to produce 30 gigawatts of wind power in the country […]
RIYADH, Saudi Arabia (AFP) — A fire broke out at an oil terminal in southern Saudi Arabia after it was hit by a projectile, the energy ministry said Friday, the sixth anniversary of a Riyadh-led military intervention in Yemen. “A projectile attack on a petroleum products distribution terminal in Jizan… resulted in a fire in one of the terminal’s tanks,” the ministry said in a statement published by the official Saudi Press Agency, adding that […]
by Martin Abbugao SINGAPORE, Singapore (AFP) — Thousands of panels glinting in the sun stretch into the sea off Singapore, part of the land-scarce city-state’s push to build floating solar farms to cut greenhouse gas emissions. It may be one of the world’s smallest countries, but the prosperous financial hub is among the biggest per capita carbon dioxide emitters in Asia. And while authorities have been pushing to change that, renewable energy is a challenge […]
RIYADH, Saudi Arabia (AFP) — A drone struck a Saudi oil port and a ballistic missile targeted facilities of energy giant Aramco in the country’s east on Sunday, the energy ministry said. “One of the petroleum tank areas at the Ras Tanura Port in the Eastern Region, one of the largest oil ports in the world, was attacked this morning by a drone, coming from the sea,” the ministry said in a statement released by […]
