With the latest layoffs, the company will have let go of nearly 29,000 workers, or more than a quarter of its headcount since staffing reached its peak in late 2014.
Global energy demand will continue to grow and fossil fuels will remain a "good" and "needed" part of the energy mix, says the minister of Petroleum & Mineral Resources for Saudi Arabia, characterizing current low oil...
The project will generate an estimated 16,170 MWh per year — enough electricity to power approximately 4,970 typical households — while offsetting about 8,170 tons of CO2 emissions annually.
Shell said that gas from Corrib field could provide up to 60% of Irish gas needs.
The alliance is aiming for a sixfold increase in geothermal electricity production and a tripling of geothermal-derived heating by 2030.
The UAE says it is expecting to invest $35 billion in non-hydrocarbon energy by 2020, including $20 billion on the Barakah 5.4-gigawatt nuclear power project.