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Oilfield Services Giants Are Primed to Post Very Strong Earnings
The biggest oilfield services providers are expected to report this week and analysts expect a strong set of results for the third quarter. In fact, expectation…
Solar Power Plant
Iberdrola Commits to up to €3BN in Investment in Australia
The Spanish renewable energy giant aims to further consolidate its position in Australia, which presents a key energy market for the company.
Oil Field
Norway’s Equinor Considers Buying Chinese North Sea Oilfields
Reuters reported on Monday that Norway's Equinor ASA is considering buying oilfields in the British North Sea from China's CNOOC Ltd.
20th CPC National Congress
20th CPC National Congress | China’s Stronger Ability to Ensure Energy, Food Security Injects Confidence to World
Nation won’t scale back opening-up efforts or even turn to a ‘self-sufficient economy’: official
Solar Power Panel
Renewables Investment Outstrips Oil and Gas for First Time
Rystad Energy report finds that capital investments in renewables reached $494bn in 2022, compared to $446bn into oil and gas for the same period.
20th CPC National Congress
20th CPC National Congress | Economic Watch: China’s Economy to Gain New Momentum From CPC Congress
China's economic development is expected to gain new strong impetus from the 20th National Congress of the Communist Party of China (CPC).
Net Zero Emission
Australia, Singapore Sign ‘Green Economy’ Pact
Australia and Singapore agreed on Tuesday on a "green economy" deal to boost cooperation on climate investment, financing and technology.
Natural Gas
BP Buying Leading RNG Production Group in $4.1 Billion Deal
British oil major BP is continuing to diversify its energy portfolio, announcing a deal to acquire a company considered an industry leader in production of rene…
United Kingdom
Ofgem Confirms Plans to Launch UK Energy Regulator Campaign
Ofgem has announced that it will launch a campaign to help the UK population reduce its energy use, amidst growing concerns surrounding the energy crisis.
Australia
Shell, Foresight Enter Joint Venture to Develop 370MW RE Projects in Australia
The projects include wind and solar farms, and battery storage.
Wind Farm
Iberdrola Explores Sale of Wind Assets in Romania, Hungary -Sources
Spanish power company Iberdrola is looking to sell its onshore wind farms in Romania and Hungary as part of a strategy to raise cash to fund more lucrative rene…
Australia
EU Crisis Opens Opportunity for Australian Green Energy Exports -Fortescue
The energy crisis in Europe presents a huge opportunity for Australia to export more green energy, the chief financial officer at Fortescue Future Industries (F…
United States
U.S. Power Use to Reach Record High in 2022 as Economy Grows, Weather Hotter -EIA
U.S. power consumption will rise to a record high in 2022 due to rising economic activity and hotter summer weather.
United Kingdom
UK Renewables and Nuclear Generators Face Windfall Tax as Government U-Turns Again
Westminster is trying to break the link between high gas prices and electricity revenue.
Carbon Emissions
Canada, Rio Tinto to Invest in R&D, Cutting Emissions at Quebec Plant
Canada and Rio Tinto Ltd will invest up to C$737 million ($533.6 million) over eight years to cut carbon emissions and expand research and development at a Queb…
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