Category: Highlights

KARACHI-Three Shell Tameer entrepreneurs from Pakistan have each taken home one of the 2020 Shell LiveWIRE Top Ten Innovators Awards, a global competition that rewards businesses that demonstrate excellence in innovation and gives entrepreneurs a chance to shine on a global platform. This year, Shell LiveWIRE has partnered again with Shell Global Commercial to deliver a competition focused on creating a More Liveable World. Three separate award categories within this theme have been identified: Energy Transition, Environment & Circular Economy, and Local Prosperity. The winner of each category took home…

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The East African Rift System (EARS) is one of the largest rifts in the world. Characterised by a spreading crust, the tectonically active region spans 6,400 kilometres in length and up to 64 kilometres in width and runs through several countries in Eastern Africa. The geological attributes of the EARS make it so rich in geothermal energy resources that – if harnessed – could provide a reliable, affordable and indigenous source of renewable energy to help meet the electricity requirements and direct use needs of several countries in the region.…

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We know more about the moon and the surface of Mars than we know about the deep ocean. But increasing demand for rare metals and other valuable minerals could bring industrial-scale prospectors to seafloors off the Western U.S. before the consequences of ocean mining, let alone the nature of the ocean itself, are barely understood. Seabed mining (SBM) is an emerging type of mining for minerals and rare earth metals on the ocean floor. SBM could help meet humanity’s insatiable thirst for essential minerals and theoretically power a “greener” economy.…

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Venezuela’s vice president and the head of state oil company PDVSA arrived in Russia last week on a trip aimed at deepening “strategic alliances,” Venezuela’s information ministry said, Reuters reported. Vice President Delcy Rodríguez and PDVSA chief executive Asdrúbal Chávez, as well as Science Minister Gabriela Jiménez, flew to Moscow to discuss possible new oil joint ventures with Russian energy officials and investors, Argus Media reported. Among the potential partnerships are the transfer of existing upstream and downstream assets to Russian firms as well as new projects, according to Venezuela’s…

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A Chinese energy giant has bought the biggest independent producer of renewable energy in Mexico, giving the industry a vote of confidence even as Mexico’s authorities have moved to slow down private investment in renewable energy in the country. State Power Investment Corp (SPIC) of China, which has more than US$170 billion in energy assets globally, including in solar, wind, and hydrogen power in South America, has acquired Mexico’s leading independent renewables firm Zuma Energia, a spokesman for the Mexican company told Bloomberg in a press release, without disclosing the…

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