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Energy Investment
£8M Investment Boosts Tokamak Energy’s Fusion Energy Ambitions
13-06-2022
Global Power Synergy’s Green Bonds Oversubscribed by 2.3 Times
The bonds are worth THB12b with tenors of 3-15 years.
Spain
10-06-2022
ØRsted Strikes Solar and Onshore Wind Energy Partnerships in Spain
It is participating in the upcoming grid auctions in the country by joining forces with Glide Energy, Rolwind, ARBA Energías Renovables and Ereda
Natural Gas
10-06-2022
Petroecuador Opens Tenders for Offshore Field, Refinery Modernization
Ecuadorean state-run oil company Petroecuador on Thursday announced two auctions, hoping to attract private company bids for a flagship offshore natural gas field and a contract to modernize the Esmeraldas refinery.
09-06-2022
Which Businesses Are the Worst Hit by Soaring Energy Prices?
Aviation, shipping and chemical industries will be the first to be hit hard by the soaring energy prices.
United Kingdom
09-06-2022
UK ‘Urgently Considering’ to Extend Windfall Tax to Electricity Generators
Rishi Sunak has said there are “extraordinary profits” made in the electricity generation sector
Net Zero Emission
08-06-2022
More Than 40 Asset Managers Circle 2050 Net Zero Target
These companies manage assets worth $16tn.
Canada
08-06-2022
Canadian Solar to Sell 70% Stake in Two Solar Farms to SPIC
The projects cover an area of 2,200 hectares and will have a combined capacity of 738MW.
Germany
07-06-2022
Germans Tackle Energy Crisis With €9-A-Month Transport Tickets
A new government scheme offers unlimited travel on all local and regional public transport
Net Zero Emission
07-06-2022
Vital Energi Secures £72.3MN Decarbonisation Funding in UK
NHS trusts and law courts set to benefit from Vital Energi's decarbonisation funding from the UK's Department for Business Energy and Industrial Strategy.
Energy Security
06-06-2022
UK Energy Services Firm Wood Sells Consulting Unit for $1.9BN
Canada-based firm WSP has bought the business.
Energy Investment
06-06-2022
Crypto Power Usage Is Helping to Spur Renewable Energy Investments
Ever since cryptoassets first burst into the mainstream financial conversation there has been an ongoing debate around just how much power and energy are consumed by crypto transactions.
Net Zero Emission
02-06-2022
COVID-19 Slows Progress Towards Global Energy Access, IEA Says
At the current rate of progress, 670 million people will remain without electricity in 2030.
Net Zero Emission
02-06-2022
Australia Beefs up Investments in Bid to Meet Net Zero: Report
It is poised to make a $300m investment in CCUS projects in the next decade.
Nuclear Power Plant
02-06-2022
Westinghouse Acquires Bhi Energy to Form Integrated Outage Business
US-based nuclear technology firm Westinghouse Electric Company has completed its acquisition of energy services provider BHI Energy.
Brazil
01-06-2022
Biomass Beats Wind and Solar in Brazilian Power Bids for First Time in Low-Energy Tender
Just under 1GW of renewable capacity awarded in the South American country’s latest tender, which underlined impact of weak domestic economy and low power demand.
Energy Investment
31-05-2022
Windfall Tax Threatens Oil and Gas Investment in North Sea, Says Shell
The energy giant has said the levy “creates uncertainty”
30-05-2022
AGL Energy Withdraws Demerger Proposal
The company believes it will not receive the required 75% approval threshold.
Energy Security
27-05-2022
Windfall Taxes Are Not the Only Solution to the Energy Crisis
Following the announcement from the Chancellor of the Exchequer that the UK government will be introducing a temporary, targeted energy profits levy, Dan Atzori, Research Partner at Cornwall Insight said:
Energy Investment
27-05-2022
US Government to Invest $38M in Decarbonising National Laboratories
Each of the Department of Energy’s national laboratories houses heavy industrial facilities, energy-intensive data centres, reactors and other unique infrastructure that demands large amounts of continuous power.
Oil Price
27-05-2022
UK Imposes 25% Energy Windfall Tax to Help Households as Bills Surge
Britain announced a 25% windfall tax on oil and gas producers' profits on Thursday, alongside a 15 billion pound ($18.9 billion) package of support for households struggling to meet soaring energy bills.
Hydrogen Project
26-05-2022
Iberdrola Boss Pledges €3BN to Fuel Europe’s Green Hydrogen Economy
Ignacio Galán, chairman of Spanish energy giant Iberdrola, has announced at the World Economic Forum in Davos that the company will invest €3 billion ($3.2 billion) in green hydrogen to accelerate the European Green Deal.
26-05-2022
Saudi Aramco Shows Interest in Buying Valvoline’s Commercial Unit
Oil giant Saudi Aramco has approached motor oil and lubricant maker Valvoline Inc to buy its segment that caters to commercial customers, sources familiar with the matter told Reuters on Wednesday.
United States
26-05-2022
TotalEnergies to Buy Stake in US Renewables Firm Clearway Energy
TotalEnergies SE said it will acquire a stake in a large US renewables developer, another move by the European energy giant to expand its footprint in the American power sector.
Net Zero Emission
25-05-2022
Elon Musk, Alphabet, & Joe Biden (USA) Just a Few Investing Billions Into Carbon Removal
As the world shifts toward clean energy in its automobiles and its energy generation tactics, experts say there’s still a lot of work to do to ensure global temperatures don’t keep rising.
Clean Energy Transition
25-05-2022
SEA Needs $190B Annual Energy Investments by 2030: IEA
This amount will help the region reach its climate goals.
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Most views from Energy Economy
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China's Investment into BRI Countries Expands in Jan.-May
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China-Kazakhstan Economic Cooperation Paving Way for Next Golden Thirty Years
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Tagenergy, Harmony Energy Begin Construction of 49MW/98MWh BESS Project in Scotland
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Brazil’s Potencial to Invest $109 Million to Turn Biodiesel Plant Into World’s Largest
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Copper Drops as Dollar Strengthens on Trump Lead in US Election
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