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Archive by category Energy & Environment

FortisBC Inc. joins General Fusion’s Market Development Advisory Committee to examine potential for fusion energy deployment

B.C. utility will advise General Fusion as it prepares to deploy practical commercial fusion technology to power a lower carbon energy future RICHMOND, British Columbia, Nov. 05, 2024 (Korea Bizwire) – Today, General Fusion announced that FortisBC Inc. (FortisBC), a regulated utility providing safe and reliable electricity, has joined its Market Development Advisory Committee (MDAC). [...]

Valeura Energy Inc.: Completion of Internal Restructuring

SINGAPORE, Nov. 05, 2024 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to announce the completion of an internal restructuring of its Thailand subsidiary companies. Valeura’s working interests in all its Thai III fiscal contracts, covering the Nong Yao, Manora and Wassana fields, are now held by Valeura Energy [...]

Founder Group Limited Announces USD$3.8 million New Solar EPCC Photovoltaic Contract

SELANGOR, Malaysia, Nov. 01, 2024 (Korea Bizwire) – Founder Group Limited (“FGL” or the “Company”), a leading engineering, procurement, construction, and commissioning (EPCC) solutions provider for solar photovoltaic systems in Malaysia, today announced that its subsidiary, Founder Energy Sdn Bhd, has secured a contract to develop a solar power system for a Malaysian higher education [...]

Shell plc publishes third quarter 2024 press release

London, October 31, 2024 “Shell delivered another set of strong results. We continue to deliver more value with less emissions, whilst enhancing the resilience of our balance sheet. Today, we announce another $3.5 billion buyback programme for the next three months, making this the 12th consecutive quarter in which we have announced $3 billion or more [...]

Schneider’s sustainability program heads full speed toward its end-year targets with strong local impact

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the latest results of its Schneider Sustainability Impact (SSI) program and its financial results for the third quarter of 2024. Rueil-Malmaison, France, Oct. 30, 2024 (Korea Bizwire) – Schneider Electric, the leader in the digital transformation of energy management and automation, [...]

Decisive action needed to achieve net zero by 2050, as world is currently on path for 2.5 ˚C to 3 ˚C global warming, according to Wood Mackenzie

Analysis shows US$78 trillion needed to achieve net zero and 1.5 C warming scenario LONDON and HOUSTON and SINGAPORE, Oct. 29, 2024 (Korea Bizwire) – A string of global shocks has likely put 2030 emissions reduction targets out of reach. But with decisive action, there is still time to reach net zero emissions by 2050, [...]

TE H2, Copenhagen Infrastructure Partners, and A.P. Møller Capital Partner for a Large-Scale Project in the Kingdom of Morocco

Under the presidency of His Majesty King Mohammed VI of Morocco and His Excellency Emmanuel Macron, President of the French Republic, the government of the Kingdom of Morocco and TE H2, along with its partners, signed a Preliminary Contract for Land Reservation for the ‘Chbika’ project PARIS and RABAT, Morocco, Oct. 29, 2024 (Korea Bizwire) [...]

Founder Group Limited Announces Closing of Initial Public Offering

SELANGOR, Malaysia, Oct. 24, 2024 (Korea Bizwire) — Founder Group Limited (“FGL” or the “Company”), a pure-play, end-to-end engineering, procurement, construction and commissioning (EPCC) solutions provider for solar PV facilities in Malaysia, today announced the closing of its previously announced initial public offering (the “Offering”) of an aggregate 1,218,750 ordinary shares at a public offering price [...]

Founder Group Limited Announces Pricing of Initial Public Offering

SELANGOR, Malyasia, Oct. 22, 2024 (Korea Bizwire) – Founder Group Limited (“FGL” or the “Company”), a pure-play, end-to-end engineering, procurement, construction and commissioning (EPCC) solutions provider for solar PV facilities in Malaysia, today announced the pricing of its initial public offering (the “Offering”) of an aggregate 1,218,750 ordinary shares at a public offering price of $4.00 [...]

Huber Advanced Materials Announces Price Increase for All Product Lines

ATLANTA, Oct. 21, 2024 (Korea Bizwire) – The Huber Advanced Materials (HAM) business unit of Huber Engineered Materials (HEM), a business that is part of the J.M. Huber Corporation portfolio of businesses, announces a global price increase of 5% up to 15% dependent on product or as contracts allow, effective January 1, 2025. These price [...]