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£8M Investment Boosts Tokamak Energy’s Fusion Energy Ambitions
Electrification
03-11-2021
COP26: New Alliance to Unlock $100bn for Renewable Electrification
The Global Energy Alliance for People and Planet will be launched today at COP26 to accelerate investment in green energy transitions and renewable power solutions in emerging economies worldwide.
Offshore Wind Power
03-11-2021
Eni Acquires Stake in Dogger Bank C Wind Project
Eni has strengthened its presence in the UK offshore wind market by entering into an agreement with Equinor and SSE Renewables to acquire a 20% stake of the 1.2 GW Dogger Bank C project.
Energy Investment
02-11-2021
More Investment in Supply Side of Gas Need of the Hour: GECF
As the climate crisis threatens to provoke an energy crisis, the world should approach decarbonisation carefully to prevent artificial acceleration of ‘greening’ the international agenda at the expense of true sustainability.
Wind Farm
02-11-2021
Siemens Gamesa Signs $400m Vietnam Agreement
Deal with BCG Energy inked on the sidelines of COP 26 in Glasgow
Electric Car
01-11-2021
Geely-Owned Volvo to Raise Over $2b in Stockholm IPO
Geely-owned automaker Volvo Car AB made its trading debut in Stockholm, Sweden on Friday, raising over $2 billion for its future development, especially in the new energy sector.
O＆M
01-11-2021
RES Completes Sale of Its Development and Construction Business
RES, one of the world’s largest independent renewable energy companies, has completed the sale of its development and construction business in France to Hanwha Solutions, following regulatory approvals and notifications.
Coal-Fired Power Plants
01-11-2021
G-20 Leaders Pledge to End Financing for Overseas Coal Plants
The leaders issued their final communique Sunday at the end of a two-day summit, ahead of talks at a broader U.N. climate change summit, COP26, this week in Glasgow, Scotland.
Energy Investment
31-10-2021
Saudi Arabia Signs Direct Investment Pact with UK in ‘Next Step’ for Green Initiatives
Agreement followed green finance roundtable at FII summit in Riyadh
Energy Investment
31-10-2021
Biden’s New Spending Framework has $555 Billion for Clean Energy, Focused on Incentives, not Punishments
President Joe Biden is expected to unveil a new $1.75 trillion spending framework Thursday, which includes $555 billion for clean energy.
Mexico
29-10-2021
Mexico's Pemex Back in Red Despite Oil Production Uptick
Higher tax payments and foreign exchange losses pushed Mexico's Petroleos Mexicanos back into the red in the third quarter, even as crude production recovered somewhat.
Nuclear Power Plant
28-10-2021
UK Unveils New Funding Model for Nuclear Power Stations
The RAB model is expected to play an important role in attracting private investment for new large-scale nuclear power plants.
Wind Farm
28-10-2021
European Energy Sells Three Lithuanian Projects
European Energy has divested three wind farms in Lithuania - its largest disposal to date.
Net Zero Emission
27-10-2021
Bruce Power Launches Bruce Power Net Zero Inc
Canada’s Bruce Power on 21 October announced the launch of Bruce Power Net Zero Inc.
Oil Field
26-10-2021
Iran Needs $11 Billion To Develop Oil Fields Along The Iraqi Border
Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported, citing the new head of the National Iranian Oil Company Mohsen Khojastehmehr.
Rosatom
25-10-2021
The Days of Chinese Culture at JSC “AEM-Technology”
In honor of the Day of the People's Republic of China, all the Branches of JSC “AEM-Technology” arranged the Days of Chinese Culture with attendance of the representatives of China, who now work at Russian industrial sites.
Oil & Gas Trade
22-10-2021
Middle East Oil Exporters To See Fast Economic Growth In 2022
The six major Middle Eastern oil and gas producers part of the Gulf Cooperation Council are set to book faster economic growth in 2022 than previously expected, if oil prices don’t pull back significantly next year.
China
18-10-2021
Vestas to Combine Its China and Asia-Pacific Business Regions
The turbine manufacturer aims to allocate its resources most efficiently by combining the two business regions.
Energy Investment
18-10-2021
BayWa r.e Acquires Scottish Wind Project on Restored Coal Mine
BayWa r.e. has completed the acquisition of the project rights for Broken Cross Wind Farm in South Lanarkshire, Scotland.
16-10-2021
Shell’s Wetselaar Heads to Top Spot at Cepsa
Shell has reshuffled its exploration team as Maarten Wetselaar leaves the company to take the top spot at Cepsa.
Natural Gas
14-10-2021
Two more UK Energy Firms go Bust as Prices Soar
Two more UK energy firms have ceased trading amid soaring wholesale energy prices.
Oil Field
14-10-2021
Occidental Sells Stakes in Two Ghana fields for $750 million
Houston-based Occidental has agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corporation.
Chile
12-10-2021
Sonnedix Awarded 39% of Total Energy Supply in Chile
Sonnedix, the global solar independent power producer has been awarded 903 GWh/yr, equivalent to 39% of the National and International Public Tender for the Supply of Energy and Electric Power 2021/01, in which 29 Chilean and foreign generating comp
Hydrogen Project
11-10-2021
SK E&S and Plug Power Form Joint Venture
SK E&S and Plug Power have signed a joint venture contract for joint business in the Asian hydrogen market. Their stakes in the joint venture are 51 percent and 49 percent, respectively.
Energy Investment
10-10-2021
CTG Keen to Invest in Wind and Solar Energy Sectors of Pakistan
China Three Gorges Group called on Pakistani ambassador to China on Friday and showed keen interest in investing in Pakistan's wind and solar energy sectors.
EU
06-10-2021
EU Countries Grapple with Response to Energy Price Spike
EU leaders will discuss record natural gas prices on Tuesday evening and the 27 member states’ environment ministers will debate their response on Wednesday.
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