A new alliance of investors and energy sector giants will see $US10 billion (A$12.9 billion) invested in natural capital opportunities under the banner of a newly formed Natural Capital Investment Alliance, a Sustainable Markets Initiative brought together by His Royal Highness Charles, The Prince of Wales.

Pouyanne said the investment budget for electricity and renewables would surpass $2 billion in 2021.

The four projects call for a combined investment of EUR 2.02 billion (USD 2.47bn),

Hydropower accounts for 31% of Turkey’s installed capacity, with 28.5 GW, and covered 29% of the power mix in 2019.

Iranian Oil Minister Bijan Namdar Zanganeh said his country welcomes the Russian companies’ investment making in its oil sector

The UK energy regulator has approved a £40bn (€44.3bn) investment plan for 2021-2026, which seeks to improve the country’s gas and electricity transmission and distribution infrastructure and to deliver emissions-free green energy.

Gas-fired power plants account for 38% of Mexico’s installed capacity, with 32 GW at the end of 2019.

"Without sufficient investment, a reduced supply of oil and gas could lead to greater market volatility and higher prices, slowing the global economic recovery and jeopardizing energy security and international goals," said the IEF,

India will see a massive USD 66 billion investment in the building of gas infrastructure as the government pushes for greater use of the cleaner fuel with a view to cutting down carbon emissions, Oil Minister Dharmendra Pradhan said on Wednesday.

Chevron Corporation announced a 2021 organic capital and exploratory spending program of $14 billion