Australia's vast liquefied natural gas sector is betting its future on carbon capture and storage, a technology it says is vital to decarbonisation and is proven. Convincing everybody else is going to be the tricky part, especially since the only large-scale project of its kind so far hasn't exactly been a resounding success.
By Clyde Russell. Australia's vast liquefied natural gas sector is betting its future on carbon capture and storage, a technology it says is vital to decarbonisation and is proven. Convincing everybody else is going to be the tricky part, especially since the only large-scale project of its kind so far hasn't exactly been a resounding success.
China's daily coal output in April jumped 11% from the same month a year earlier, boosted by Beijing's order to increase supply to ensure security of the country's energy supply, but the volume dropped from a record high set in March. The immediate outlook for demand is not strong, however.
Japan's Nikkei ended down on Monday, as heavyweight technology stocks tracked the Nasdaq lower, hit by the U.S. Federal Reserve's aggressive move to tackle inflation. The Nikkei share average lost 0.61% to close at 26,821.52, after trading higher earlier in the session.
South Korea's nuclear power industry is at an inflection point after Yoon Suk-yeol triumphed in the nation's presidential vote this week, as a platform pledge to revive the fortunes of a once-dominant sector faces stiff business hurdles.
Japan's Supreme Court upheld an order for utility Tokyo Electric Power (TKECF) to pay damages of 1.4 billion yen to about 3,700 people whose lives were devastated by the Fukushima nuclear disaster, the first decision of its kind.
The following bids, mergers, acquisitions. ** The world's No. 1 logistics company, United Parcel
Service Inc (UPS), lost its court fight for a record 1.74-billion euro compensation claim from EU antitrust regulators for blocking its 2013 bid for Dutch rival TNT.
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