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£8M Investment Boosts Tokamak Energy’s Fusion Energy Ambitions
Energy Storage System
12-09-2021
Energy Vault Valued at $1.1 Billion After Merger
Energy Vault's merger with Novus Capital Corporation II values the grid-scale energy storage provider at $1.1 billion, the company announced Thursday.
Energy Investment
11-09-2021
DOE Building a Bridge to Bankability for Nuclear
The private sector must be prepared to provide the funds needed to take new and innovative reactor technologies from the first deployment stage to wide-scale commercial operation, Jigar Shah, director of the Loans Program Office at the US Department
China
09-09-2021
China Launches Pilot Green Power Purchase Scheme
China has launched its first green power purchase scheme to encourage the use of renewable energy by offering market incentives.
Oil Field
06-09-2021
Iraq and Total Sign $27 bln Energy Projects Deal
France's Total will build four giant energy projects in southern Iraq under a $27 billion deal signed in Baghdad on Sunday, the country's oil minister said.
Oil Field
05-09-2021
Mubadala Petroleum Finalises $1bn Deal for 22% Stake in Israel's Tamar Gas Field
The company already operates in the Eastern Mediterranean within the Zohr gas field
Oil & Gas Trade
05-09-2021
India’s ONGC May Buy Stake In Rosneft’s Massive Arctic Oil Project
A consortium of Indian energy companies—including state major ONGC—is in early talks with Rosneft for the acquisition of a stake in the Russian state company’s massive Vostok oil project, the Economic Times reported, citing unnamed sources.
Oil & Gas Trade
04-09-2021
Abu Dhabi’s Taqa Looks to Sell UK, Dutch Oil and Gas Assets
Abu Dhabi National Energy Co. has begun a process to sell its oil and gas assets in the Netherlands and the UK, according to documents seen by Bloomberg.
Rosatom
04-09-2021
Rosatom and Russia’s Far East and Arctic Development Ministry Sign Cooperation Agreement
Rosatom signed a cooperation agreement with the Ministry for the Development of the Russian Far East and Arctic in the framework of the VI Eastern Economic Forum.
Wind Farm
02-09-2021
Octopus to Acquire 181MW Oz Project from RES
Octopus Australia is to acquire the 181MW Dulacca Wind Farm in Queensland from RES.
Energy Investment
02-09-2021
National Grid Acquisition of PPL WPD Investments Approved by CMA
WPD delivers electricity to more than eight million customers and employs more than 6,500 people.
Energy Investment
01-09-2021
Pakistan Invests $305 million to Explore for Oil in UAE’s Persian Gulf
The United Arab Emirates awarded an oil concession to companies from Pakistan for the first time.
Power Construction
01-09-2021
Kuwait Seeks Investors to Finance Three Power Projects
About 7,500 megawatts of the 14,000 MW it needs over the next 20 years will come through these partnerships, which industry sources say will require investments of billions of dollars
Wind Power Project
31-08-2021
Aquila to Sell Statkraft Finnish Wind Power
Norwegian energy company Statkraft is to buy electricity from German real asset investment manager Aquila Capital from wind farms in Finland under power purchase agreements.
Russian Federation
26-08-2021
Rosatom-Organized Expedition to the North Pole for Talented Russian Pupils and Students Concludes
On August 24, 2021, the educational expedition to the North Pole Icebreaker of Knowledge.
Rosatom
25-08-2021
Rosatom Holds Educational Expedition to North Pole for Talented Russian Students
From 14 to 24 August, Rosatom conducts an educational expedition to the North Pole on the “Icebreaker of Knowledge.
Energy Investment
24-08-2021
Chinese Developer Picks up 450MW Spanish Portfolio
China Three Gorges Europe acquires 11 wind farms and one solar project
Nuclear Power Plant
23-08-2021
Russian Nuclear Power Plants Insured for $27 bln
The insurance case is recognized as loss, damage of insured property as a result of radiation impact, fire, lightning stroke, explosion
Indonesia
23-08-2021
Japan's JERA Sells Stake in Indonesia's Coal Power Plants Operator
The move comes as companies worldwide step up their efforts to offload coal-related assets amid pressure to reduce exposure to fossil fuels to cut harmful carbon dioxide emissions and slow climate change
CNOOC
22-08-2021
CNOOC's First-Half Profit more than Triples
China's top offshore oil and gas driller CNOOC Ltd said on Thursday its first-half net profit more than tripled from a low base last year, supported by rebounding oil prices and recovering energy demand after the pandemic.
Market Analysis
20-08-2021
Impact of North Sea Link on GB Energy Market
June 2021 saw the first electricity flows across Britain’s latest interconnector, the 1.4GW North Sea Link with Norway.
Oil Field
20-08-2021
GS Group Sells off Entire 30% Stake in Nemaha Oil Field in Oklahoma
GS Global and GS Energy sold off their entire 30 percent stake in an oil field in Oklahoma of the United States in July
Ammonia
17-08-2021
New Ammonia-Based Group Established to Boost the Norwegian Hydrogen Economy
A new ammonia-based company has been launched today aiming to provide a competitive advantage for the growing hydrogen economy in Norway by creating green ammonia.
Energy Investment
16-08-2021
Banpu To Buy Texas Power Plant For $430 Million As Thai Energy Firm Steps Up Green Investments
Banpu—controlled by billionaire Isara Vongkusolkit—has agreed to buy a combined cycle gas-fired power plant for $430 million in Texas as the Bangkok-based coal producer steps up investments in sustainable projects.
Energy Investment
16-08-2021
Endesa will Invest 315 million in the Construction of 350 MW of New Wind Energy and Solar Power in Cuenca
Endesa, in its commitment to the total decarbonisation of the energy mix and the development of renewable projects, continues to analyze its own projects and acquire renewable power portfolios from third parties with extensive experience.
Microgrid
13-08-2021
Mitsubishi Electric Enhances Distributed Energy Resources Management with Acquisition of Smarter Grid Solutions
SGS is a leading global provider of distributed energy resources management software for power distribution utilities and DER operators.
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