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£8M Investment Boosts Tokamak Energy’s Fusion Energy Ambitions

Energy Investment

£8M Investment Boosts Tokamak Energy’s Fusion Energy Ambitions

25-03-2022

Shell to Invest up to £25 Billion in UK Energy System over Next Decade
Shell has announced it will invest up to £25 billion in the UK energy system in the coming years.
Electric Car
25-03-2022

LG Invests $1.4 Billion into First US Cylindrical Battery Plant
LG Energy Solutions (LGES) has announced a KRW1.7 trillion ($1.4 billion) investment in a cylindrical battery plant. It is said to be the first-ever cylindrical-type battery manufacturing plant in North America.
Offshore Wind Power
23-03-2022

Aker Offshore Wind and Mainstream Renewable Power Complete Offshore Wind Transaction
Aker Offshore Wind and Mainstream Renewable Power (Mainstream) have closed the transaction which will see the company take an initial 50% ownership stake in Progression Energy’s 800 MW floating offshore wind project in Japan.
Australia
22-03-2022

Bids Called for Exploration Blocks in Western Australia
The state government in Western Australia has invited bids for one offshore exploration block and seven onshore permits in the Carnarvon and Amadeus basins.
SINOPEC
21-03-2022

Aramco in Discussions with Sinopec on Downstream Ventures
Saudi Aramco is looking at a number of opportunities with China's state-backed Sinopec and is still in discussions with India's Reliance on a possible joint venture as the world's largest oil company is looking to further diversify downstream.
Oil Price
21-03-2022

Saudi Aramco’s Full-Year Profit More than Doubles on Soaring Oil Prices
Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion.
United States
20-03-2022

Energy Major BP Aims to Double Convenience Earnings by 2030
Energy major bp recently unveiled a series of new initiatives for innovating the future of fuel and convenience stations in the US.
Energy Investment
18-03-2022

Egypt's Petroleum Minister, Siemens Discuss Investment Opportunities in Oil, Gas Industry
Egypt’s Minister of Petroleum and Mineral Resources Tarek El-Molla discussed on Thursday with CEO of Siemens Middle East Dietmar Siersdorfor investment opportunities in oil and gas in Egypt.
Thermal Coal
17-03-2022

India Looks to Russia to Solve the Energy Crisis Moscow Created
Can Russia rescue India from the high energy prices caused by Moscow's invasion of Ukraine?
Natural Gas
16-03-2022

Energean Inks Gas Supply Deal with Largest Israeli Buyer
London-listed E&P company Energean has signed a gas supply agreement with the Israel Electric Company (IEC), the largest Israeli buyer of natural gas, marking another step in the development of its Israeli natural gas operations.
Energy Transition
16-03-2022

Eni Sells 49% of Its Business Enipower
Oil and gas company Eni has announced it has agreed to sell a 49% stake in its power generation business unit Enipower.
Vietnam
14-03-2022

Vietnam Seeks US Investment in Renewable Energy
Energy is among potential fields for investment cooperation between Vietnamese and US firms.
Crude Oil
11-03-2022

Aramco Takes FID to Build Refinery and Petrochemical Complex in China
Saudi Arabian Oil Company (Aramco) has taken the final investment decision (FID) to develop a refinery and petrochemical complex in China, in partnership with North Huajin Chemical Industries Group and Panjin Xincheng Industrial Group.
Energy Investment
11-03-2022

China Considers Stake Acquisitions in Russian Energy Firms
China is in negotiations with firms including China National Petroleum, and China Petrochemical.
CNOOC
09-03-2022

Chinese Partner Paying over $2 bln to Petrobras for More Interest in Brazilian Field
Chinese oil and gas company CNOOC has sealed a deal with the Brazilian giant Petrobras, which will allow it to acquire an additional interest in the Búzios field, located in the pre-salt Santos Basin offshore Brazil.
Saudi Arabia
09-03-2022

Saudi Arabia Signs Power Purchase Agreements for Solar Projects Worth $665m
Saudi Arabia has awarded contracts for two new solar projects with a combined capacity of one gigawatt as the kingdom continues to add renewable energy to its power mix.
SINOPEC
09-03-2022

Saudi Aramco Signs Agreement with China’s Sinopec for Potential Downstream Collaboration
World’s largest oil exporting company aims to expand its operations in China.
Electric Car
08-03-2022

U.S. Clean Energy Investments Topped $100b in 2021
A record-breaking $105 billion was invested into U.S. clean energy assets in 2021, according to market analysis.
Rooftop PV System
07-03-2022

France Announces 52 Winners in Rooftop Solar Tender
France’s first tender for commercial and industrial (C&I) rooftop solar systems under the country’s PPE2 multi-year energy procurement programme has resulted in 52 winning projects.
Indonesia
04-03-2022

BW Offshore Wins Extension Deal for Sold FPSO
BW Offshore informed on Wednesday it had received a one-year contract extension for the lease and operation of the FPSO BW Joko Tole.
Wind Farm
03-03-2022

CPP Investments Supports Renewable Power Capital’s New Investments in European Onshore Renewables
Renewable Power Capital (RPC) entering the Swedish market with 100% acquisition of onshore wind farm from OX2
03-03-2022

Europe Looks for Alternatives to Russian Energy
As fighting raged across Ukraine over the weekend, western countries moved quickly to disrupt Russia’s links to the global economy.
03-03-2022

Firm, Siemens Energy Seal Power Deal
Information Communication Technology (ICT) company, 21st Century Technologies Limited has struck a new deal with Germany-based energy company, Siemens Energy to build 2 X 10Mw SGT 400 turbine power plant for its data centre facilities.
Energy Investment
01-03-2022

The Strategic Importance of Ukraine’s Energy Infrastructure
Enlit Europe spoke to Christopher de Vere Walker, Director of SEEPX Energy, geospatial data and infrastructural risk specialists with a focus on Russia, Ukraine and Central Asia.
01-03-2022

Hy2gen Raises Record €200m Green Hydrogen Investment
Green hydrogen investment platform Hy2gen completed a €200m ($227m) investment round in mid-February – the largest private green hydrogen-focused capital raise to date.

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